The forecasted data for 2024 to 2028 indicates a gradual decline in the number of employees in the Rubber and Plastics Products, and Other Non-metallic Mineral Products sectors in the UK. Starting from 224,570 persons in 2024, the workforce is expected to decrease consistently each year, reaching 216,140 persons by 2028. This represents a year-over-year decline of approximately 0.97% to 1.02%. The compounded annual growth rate (CAGR) over the five-year period shows an average annual decrease of around 0.94%.
Future trends to watch for include technological advancements that may reduce the reliance on human labor, industry shifts due to environmental policies, and potential market disruptions from global supply chain changes. These factors could influence both the speed and direction of workforce changes in these sectors.
