Employment in the packaging paper sector in Germany, expressed in thousands of full-time equivalents, has shown fluctuations over the past decade. From 2013 to 2023, employment varied, with the year-on-year rate peaking in 2018 at 13.88% and experiencing a notable dip of -5.14% in 2020. As of 2023, employment stood at 62.92 thousand FTEs. The last two years have witnessed slight growth rates of 0.7% in 2022 and 0.69% in 2023. The average annual growth rate (CAGR) over the past five years (2019-2023) was -0.48%, reflecting a period of mild contraction.
Looking ahead, the employment forecast from 2024 to 2028 suggests a gradual increase, with a 5-year CAGR of 0.52% and an overall growth rate of 2.6% expected by 2028, reaching 64.99 thousand FTEs. Future trends to watch for in this sector include continued advancements in sustainable packaging solutions, shifts towards digitalization and automation, and the impact of global supply chain dynamics on local employment figures.