The employment in the Beverage Serving Activities sector in Belgium witnessed fluctuations from 2013 to 2023. Starting at 5.29 thousand full-time equivalents in 2013, it reached 7.21 thousand in 2023. With significant dips in 2020 due to pandemic effects, the sector showed resilience with a strong recovery and a year-on-year growth of 15.86% by 2023. Over these years, the sector experienced an overall compound annual growth rate (CAGR) of around 2.8%. The forecast until 2028 suggests a moderate CAGR of 1.62%, indicating a steady but slower growth in the upcoming years.
Future trends to watch for:
• The impact of economic recovery post-COVID-19 on employment rates.
• Innovations and technological advancements in the beverage serving sector.
• Shifts in consumer preferences towards healthier and non-alcoholic beverages.
• Labour market variations influenced by regulatory changes and immigration policies.
