The forecast for the number of employees in the non-ferrous metals industry in Japan shows a decreasing trend from 2026 to 2028. In 2024 and 2025, the employment levels are expected to stabilize at 161,000 persons, matching the actual figures from 2023. Following this period of stability, a gradual decrease is anticipated, with employment declining to 160,000 in 2026, 159,000 in 2027, and eventually 158,000 in 2028. This indicates a modest contraction in the workforce over the next five years, reflecting a Compound Annual Growth Rate (CAGR) demonstrating a negative trend in employment.
Future trends to watch for:
- Technological advancements and automation could further impact employment levels, potentially leading to more significant reductions in workforce demand.
- Evolving environmental regulations might influence industry strategies, affecting workforce requirements.
- Shifts in global demand and supply dynamics for non-ferrous metals could alter employment needs.