In 2023, the number of people employed in the Wood Panel Products and Veneer Sheets sector in Germany stood at approximately 17.9 thousand employees. Forecasts indicate a gradual increase in employment over the next five years, reaching 18.88 thousand by 2028. The year-on-year growth rates are consistent, with an upward trend from 2024 through 2028. The sector is expected to achieve a compound annual growth rate (CAGR) of approximately 1.08% from 2023 to 2028.
Future trends to watch for include:
- Technological advancements improving production processes and efficiency.
- Environmental regulations impacting raw material sourcing and production methods.
- Potential shifts in global trade dynamics affecting exports and imports.