The Glass and Glass Products sector in France has experienced several fluctuations over the last decade. In 2023, the number of employees stood at 45.21 thousand, showing a year-on-year decrease of 1.26%. This follows a consistent decline in the past few years, with a cumulative average growth rate (CAGR) over the last five years of approximately 2.96%, indicating a slowing expansion.
Significant year-on-year variations were observed, such as the 24.6% surge in 2019 and the subsequent declines in the following years. The overall trend points to a contraction, as forecasted data suggest a 1.02% annual decrease from 2024 to 2028, resulting in a forecasted employee count of 42.41 thousand by 2028.
Future trends to watch for include automation and technological advancements, which may further reduce workforce needs. Additionally, evolving environmental regulations and sustainability efforts in France could drive changes in production processes, impacting the employment landscape within this sector.