As of 2023, the Manufacture of Domestic Appliances sector in Turkey employed 71,500 individuals. The forecasted data indicates a steady growth in employment, projected to rise to 73,210 in 2024 and escalating to 81,280 by 2028. This upward trend represents an annual compound average growth rate (CAGR) of approximately 3.2% over the five-year period from 2024 to 2028.
Year-on-year variations are as follows:
- 2024: 2.39%
- 2025: 2.80%
- 2026: 2.70%
- 2027: 2.58%
- 2028: 2.51%
Future trends to watch for:
- Technological advancements in manufacturing processes
- Rising domestic and international demand for Turkish domestic appliances
- Impact of economic policies on industrial growth
- Potential shifts in labor market dynamics due to automation
