The data for hours worked in the sports goods sector in Austria from 2024 to 2028 show a consistent decline. In 2023, the value stood at 5.08 million hours. The year-on-year variation indicates a steady decrease: in 2024, a 2.37% drop; in 2025, a further 2.40% decrease; in 2026, a decline of 2.44%; in 2027, a reduction of 2.47%; and in 2028, a 2.52% fall. The compounded annual growth rate (CAGR) over this period is -2.44%, indicating an average annual decrease of this magnitude.
Future trends to watch for include technological advancements potentially reducing the need for manual labor, increasing productivity without corresponding hours worked. Additionally, changes in consumer behavior and potential economic factors could influence the demand for sports goods, impacting labor needs in this sector.
