The number of employees in the warehousing and storage sector in Denmark showed variations throughout the years, with a notable dip in employment in 2016 and 2019, followed by periods of modest growth. In 2023, the workforce stood at 2.52 thousand employees. Over the last two years (2022-2023), there were slight year-on-year increases of 1.85% and 1.69% respectively. The average CAGR over the preceding five-year period was 0.97%.
Moving forward, from 2024, the forecast suggests gradual growth with a five-year CAGR of 1.05%, anticipating the number of employees to reach 2.7 thousand by 2028. This forecasted period highlights a growth rate of 5.38% over five years.
Future trends to watch for include technological advancements in warehousing, automation, and potential economic shifts that may impact employment in this sector. Continuous monitoring of technological integration and its impact on workforce needs will be crucial.