From 2013 to 2023, the hours worked in the plastic packaging goods sector in the Netherlands exhibited fluctuations, with both positive and negative variations. The year 2023 saw the value standing at 11.145 million hours. Notable annual increases include 2014 (7.43%) and 2021 (5.65%), while 2015 and 2018 experienced declines. The latest Compound Annual Growth Rate (CAGR) over the last five years prior to 2024 stands at approximately 2.62%. Forecasts from 2024 to 2028 predict an average annual growth rate of 1.07%, culminating in a 5.45% increase over these five years.
Future trends to watch for:
- Technological advancements could induce variations in labor hours.
- Market demand fluctuations influenced by environmental policies may impact the sector's labor needs.
- Potential shifts towards more sustainable packaging solutions.
- Global economic conditions affecting raw material supply chains.