The number of employees in the manufacture of metal-forming machinery and machine tools sector in France is on a downward trend. In 2023, the sector employed approximately 5.46 thousand individuals. Forecast data indicates a consistent decrease, with figures projected to drop to 5.38 thousand in 2024, and further down each subsequent year, reaching 5.05 thousand by 2028. This represents a year-on-year decline of roughly 1.5% on average, with a compound annual growth rate (CAGR) of about -1.9% over the next five years.
Future trends to watch for include:
- Automation and technological advancements, potentially reducing the need for labor.
- Shifts in global demand impacting production and employment levels.
- Potential governmental policies or industry shifts that could alter the employment landscape.