As of 2024, the number of employees in the fabricated metal products industry in Germany was forecasted to be 906,000, marking stability post-2023. The industry is expected to experience a modest yet consistent growth in employment over the next few years, with annual increases averaging approximately 0.44% annually from 2024 to 2028. By 2028, the anticipated workforce will reach 923,000. Notably, there was a steady upward trend in employment, reflecting a compound annual growth rate (CAGR) of around 0.44% over this period.
Future trends to watch for include technology advancements affecting productivity and potential impacts of economic policies and market demands on employment levels. Additionally, sustainability trends and shifts towards automation may further influence the workforce in this sector.
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