In 2023, the number of persons employed in the furniture manufacturing sector in Switzerland stood at 6.66 thousand employees, reflecting a stable employment trend. From 2024 to 2028, there is a forecasted steady decline in employment numbers: 6.66 thousand in 2024, dropping to 5.03 thousand by 2028. The year-on-year variation shows a consistent downward trend, with a significant drop expected in the coming years.
Key variations:- From 2024 to 2025: -6.31%- From 2025 to 2026: -6.41%- From 2026 to 2027: -7.01%- From 2027 to 2028: -7.37%- Compound Annual Growth Rate (CAGR) over five years: -6.70%
Future trends to watch for:- Ongoing automation and technological advancements in manufacturing processes could further decrease the demand for manual labor- Potential shifts towards customized, on-demand production, possibly impacting employment- Global economic factors and market demand for Swiss-made furniture affecting employment trends
