The warehousing and storage sector in Austria has seen a steady increase in the number of employees over the past decade, standing at 2.63 thousand employees in 2023. Year-on-year growth from 2021 to 2023 has averaged around 3.55%. Over the last five years, the sector has experienced a compound annual growth rate (CAGR) of 4.49%. Looking ahead, the forecasted data up to 2028 suggests a continued positive trajectory with an expected CAGR of 2.38% and an overall growth of 12.49% over the five years.
Future trends to watch for:
- Automation and digitalization advancements, potentially impacting employee numbers.
- Increased demand for e-commerce, boosting warehousing needs.
- Sustainability practices influencing hiring and operational strategies.