The Beverage Serving Activities sector in Spain showed a growing trend from 2013 to 2019, with variations in the number of employees fluctuating year-on-year. The sector saw a significant decline in 2020 due to external factors likely linked to the global pandemic, but rebounded in 2021 and continued this upward trend through 2023. The number of employees in 2023 stood at 385.35 thousand, marking an estimated increase of 5.21% from the previous year. The CAGR over the last five years is 1.61%, indicating modest yet steady growth.
Looking ahead, forecasts from 2024 to 2028 predict a continued increase in employment, reaching approximately 425.14 thousand employees by 2028. The 5-year forecast CAGR is 1.56%, suggesting consistent growth.
Future trends to watch for include:
- The impact of technological advancements on sector employment.
- Potential shifts in consumer behavior post-pandemic.
- Regulatory changes affecting the beverage serving industry.