Forecast: Employment in Beverages in Austria

Analysis of employment in the beverage industry in Austria reveals a fairly stable trend over the past decade, with minor fluctuations. In 2023, employment stood at 8.54 thousand units (FTE). Notably, from 2021 to 2023, there was a slight decline, with year-on-year variations of -0.093% and -0.094% respectively. Analyzing the last five years (2019-2023), the CAGR was -0.27% indicating marginal decline. Forecast suggests this declining trend will continue, albeit at a slower rate with a 2028 forecasted CAGR of -0.08%.

Future trends to watch for include:

  • Automation and technological advancements potentially reducing workforce demand.
  • Shifts in consumer preferences towards new beverage categories that could impact employment dynamics.
  • Economic and regulatory changes influencing the beverage industry.

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