The Kitchen Furniture sector in Finland employed 2.12 thousand persons in 2023. Over the previous decade, employment shrank, peaking at 2.87 thousand in 2013 and declining gradually. The latest year-on-year variations show a reduction of 1.85% from 2022 to 2023 and a compound annual growth rate (CAGR) of -2.09% over the past five years.
Looking ahead, the forecast indicates a continued decline in employment, reaching 1.94 thousand by 2028, suggesting a forecasted five-year CAGR of -1.39%. This represents a forecasted five-year growth rate of -6.78% from 2023.
Future trends to watch for include:
- Impact of automation and technological advancements on workforce requirements.
- Changes in consumer demand for customized or modular kitchen furniture.
- Potential government policies or incentives affecting the manufacturing sector.
