The number of employees in the packaging paper sector in Sweden was equal to 3.68 thousand in 2023. There has been a notable variation in growth over the last decade, marked by significant fluctuations. From 2013 to 2017, the sector experienced a general decline in employment. A peak occurred in 2018 followed by a steady decrease from 2019 onwards. Between 2021 and 2023, the sector saw an overall decrease of 1.26% year-on-year. The compound annual growth rate (CAGR) over the last five years demonstrates a drop of 4.82% per annum.
Looking ahead, the forecasted data from 2024 to 2028 indicates a continued decline with a five-year CAGR of -3.09%, equating to a total decrease of 14.54% by 2028.
Future trends to watch for include:
- Technological advancements in automation which can impact employment levels.
- Shift towards sustainable packaging solutions potentially affecting labor requirements and skillsets.
- Global economic conditions and their influence on manufacturing and export demands.