The employment in the Pulp and Paper and Paperboard sector in Germany has shown slight year-on-year variations with a general downward trend over the past decade. From 2013 to 2023, the sector exhibited fluctuations, peaking at 39.0 thousand full-time equivalents in 2019. By 2023, employment stood at 38.36 thousand, reflecting a small annual decrease of 0.12%. The Compound Annual Growth Rate (CAGR) over the past five years is -0.32%, indicating a gradual decline.
Looking ahead, the forecast suggests a continued modest decline, with employment projected to decrease to 38.14 thousand by 2028. The projected five-year CAGR is -0.09%, with an overall growth rate over this period of -0.45%.
Future trends to watch:
- Technological innovations and automation, potentially reducing the need for manual labor.
- Sustainability practices influencing operational changes.
- Economic factors impacting production and resource availability in the sector.