Analysis of the forecasted number of persons employed in ships and boats building in Japan reveals a gradual decline. From the actual value in 2023, standing at X thousand units (provided value stands unchanged), the employment figure is anticipated to decrease from 76.0 thousand in 2024 to 73.0 thousand in 2028.
The year-on-year variation indicates a consistent drop in employment, with a decrease of 1.32% from 2024 to 2025, 1.33% from 2025 to 2026, stabilization from 2026 to 2027, and a further decrease of 1.35% from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is estimated to be -1.18%, depicting a steady decline over five years.
Future trends to watch for include the impact of technological advancements like automation and AI on employment figures, potential shifts in global demand for shipbuilding, and national policy changes affecting the maritime industry. Monitoring these factors will be crucial for understanding the long-term employment patterns in the ship and boat building sector in Japan.
