Forecast: Number of Employees in Warehousing and Storage Sector in Spain

The number of employees in the warehousing and storage sector in Spain has exhibited a positive growth trend over the past decade. As of 2023, the sector employed 35.65 thousand individuals. Actual employee count rose consistently from 22.85 thousand in 2013, reflecting steady growth particularly from 2016 onwards. The year-on-year variations show notable increases, especially in 2016 (11.39%) and 2017 (12.99%), while recent years like 2022 and 2023 saw more moderate growth rates around 2.5%. The last five-year CAGR was 3.32%, indicating a robust sector expansion until present times.

Looking ahead, the sector is forecasted to continue growing, with a number of employees predicted to reach 39.59 thousand by 2028. The future 5-year CAGR stands at 1.66%, suggesting a steadier growth rate compared to previous periods.

Future trends to watch for:

  • Technological advancements in logistics and automation impacting labor dynamics.
  • E-commerce growth driving continued demand for warehousing and storage space.
  • Potential disruptions in supply chains affecting workforce requirements.
  • Economic factors and regulatory policies that could influence sector employment levels.