Forecast: Employment in Service Activities Related to Printing Sector in Austria

Based on the available data, employment in service activities related to the printing sector in Austria has experienced a consistent decline from 2013 onwards. As of 2023, there were 678 full-time equivalent units, down from 997 in 2013. This decline translates into an average annual decrease (CAGR) of -5.53% over the last five years.

Between 2020 and 2022, we observe steeper declines with annual variations of -11.43% in 2020, -8.73% in 2021, and -2.36% in 2022. The forecast data from 2024 to 2028 predict a continued downward trend, with a projected CAGR of -5.84% leading to 470 full-time equivalent units by 2028, reflecting a cumulative decline of 25.98% over the period.

Future trends to watch for in this sector include the impact of digital transformation, technological advancements, and industry consolidation. Furthermore, developments in sustainable printing practices and shifts in consumer demand towards digital media could further influence employment trends in the printing services sector.