From 2013 to 2023, employee numbers in the Canadian Paper Products Manufacturing sector generally declined, from 58.81 thousand to 51.24 thousand units. This represents an overall negative trend with periodic slight recoveries, as seen in 2017 and 2021. Over the last two years, the number of employees fell by 2.5% from 2022 to 2023. The average annual decline (CAGR) from 2018 to 2023 was approximately 1.95%. Looking ahead, forecasted data indicates a continued downward trend, further reducing employee numbers to 45.29 thousand by 2028. The projected 5-year CAGR suggests an average annual decrease of 1.95%, resulting in a 9.37% total decline by 2028.

Future trends to watch for:

Technological advancements and automation impacting labor demand.
Potential shifts in market demand for paper products affected by digitalization.
Sustainability initiatives driving changes in manufacturing processes.
Economic factors influencing sector growth and employment.