The employment in Denmark's Wood Panel Products and Veneer Sheets sector exhibited a downward trend from 2013 to 2023, with FTEs decreasing from 580 in 2013 to 404 in 2023. Notable drops occurred in 2015 (-22.9%) and 2021 (-6.03%). The five-year CAGR before 2023 was -2.37%, indicating a consistent decline.
The future forecast for 2024 to 2028 anticipates a continued decrease, with a projected five-year CAGR of -1.08%. By 2028, employment in this sector is expected to decrease to 375 FTEs, representing a 5.3% decline from 2023 levels.
Future trends to watch for include:
- Technological advancements that may influence labor needs.
- Environmental regulations impacting industry practices.
- Evolving market demands for sustainable wood products.
