The employment in the glass and glass products sector in Austria exhibited a declining trend from 2013 to 2016, with decreases ranging from -0.96% to -5.14% year-over-year. Notably, a turnaround was seen in 2017 with slight growth, followed by a significant 9.35% increase in 2018. However, this upward trend was tempered in subsequent years, with minor fluctuations and a consistent decline from 2020 onwards.
In 2023, the number of employees stood at 8.98 thousand, reflecting a -0.95% shrinkage from the previous year. Projecting forward, the employment is expected to continue its downward trajectory, with a 5-year forecasted CAGR of -0.73%, resulting in an estimated workforce of 8.57 thousand by 2028.
Future trends to watch for include technological advancements, automation's impact on industry employment, potential shifts in market demand for glass products, and strategies to address workforce sustainability within the sector.
