Forecast: Employees in Paper Products Manufacturing Sector in Austria

The historical data shows that the number of employees in the paper products manufacturing sector in Austria has fluctuated slightly, peaking at 17.25 thousand in 2015 and displaying a general downward trend since 2017. By 2023, the employment stood at 16.48 thousand, demonstrating a year-on-year decrease of 0.48% from 2022. Over the last five years, the compound annual growth rate (CAGR) has decreased, averaging -0.39%, which suggests a steady decline. Forecasts indicate this trend will likely continue, with the employee count projected to drop to 16.07 thousand by 2028.

Future trends to watch include potential automation impact, shifts in global demand for paper products, and environmental regulations, which could influence both manufacturing processes and employment. Adapting to digital transformation and sustainable practices could either mitigate job losses or create new opportunities within the sector.