The European locks and hinges employment landscape in 2023 highlights Germany's dominant position, accounting for 42.6% of the workforce. Notably, Slovakia and Portugal exhibited year-on-year growth, at 3.75% and 8.1% respectively, reflecting a shift towards Eastern and Southern Europe. Conversely, France faced a significant decline in workforce share by 3.64%, and Denmark experienced a 6.87% decrease. Other countries, like Sweden and Iceland, saw workforce increases of 7.43% and 4.66% respectively, showcasing diverse regional trends.
Future trends to watch include technological advancements and automation potentially impacting workforce demand in traditional manufacturing sectors like locks and hinges across Europe. Countries embracing innovation may witness employment growth, while others could face reductions. Sustainability initiatives might also drive sector changes, influencing workforce allocation.
Top countries in Locks and Hinges Number of Persons Employed Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.6 | 2023 | +0.33% | -0.29% | View data |
| 2 | 2 Austria | 10 | 2023 | +0.3% | +0.55% | View data |
| 3 | 3 Italy | 7.32 | 2023 | -1.16% | +0.26% | View data |
| 4 | 4 Spain | 6.63 | 2023 | +1.22% | -0.15% | View data |
| 5 | 5 Poland | 6 | 2023 | +0.49% | -0.052% | View data |
| 6 | 6 France | 5.59 | 2023 | -2.93% | -3.64% | View data |
| 7 | 7 Slovakia | 4.95 | 2023 | +0.7% | +3.75% | View data |
| 8 | 8 Portugal | 3.77 | 2023 | +10.35% | +8.1% | View data |
| 9 | 9 Romania | 2.43 | 2023 | +1.21% | +0.71% | View data |
| 10 | 10 Sweden | 2.06 | 2023 | +2.23% | +7.43% | View data |
