In 2023, there were 586 full-time equivalent researchers in the sector of manufacturing wood and related products in Japan. From 2024 to 2028, the number of researchers is projected to decline steadily, indicating a year-on-year decrease of approximately 3.2% by 2025, then continuing at a similar rate annually. By 2028, the number is expected to drop to 498, implying a compound annual growth rate (CAGR) of around -3.2% over the 5-year period.
Future trends to watch for:
- Adoption of automation and advanced technologies which could influence labor needs.
- Potential shifts in environmental regulations affecting the industry dynamically.
- Fluctuations in global demand for sustainable products potentially altering research focus.
- Government or private initiatives aimed at revitalizing traditional industries.