In 2023, the Domestic Appliances Hours Worked in Norway stood at 690. The forecasted data from 2024 to 2028 shows a consistent year-on-year decline: 613.14 thousand hours in 2024, 540.16 thousand hours in 2025, 467.9 thousand hours in 2026, 396.37 thousand hours in 2027, and 325.55 thousand hours in 2028. These figures indicate a significant downward trend in the number of hours worked.
Year-on-year percentage variations show a 10.5% reduction from 2023 to 2024, a 11.9% reduction from 2024 to 2025, a 13.4% reduction from 2025 to 2026, a 15.3% reduction from 2026 to 2027, and a 17.9% reduction from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period amounts to approximately -16.2%, underscoring the sustained decline in this metric.
Future trends to watch for include the impact of automation and smart home technologies on labor demands within the domestic appliance sector. Additionally, shifts in consumer behavior and regulatory changes related to labor efficiency could significantly affect future hours worked in this industry.
