Between 2013 and 2023, the number of persons employed in the office and shop furniture sector in Finland has shown a general decline. After peaking in 2013 with 2.06 thousand employees, the sector saw fluctuations but overall trended downward, standing at 1.69 thousand employees by 2023. The year-on-year variations presented some volatile shifts, notably an 11.31% increase in 2016 followed by regular declines.
Year-on-year percentage changes over the last two years show a consistent decline with -3.32% in 2022 and -3.26% in 2023. The compound annual growth rate (CAGR) for the last five years has been -4.44%, confirming a steady reduction in employment.
Looking ahead to 2028, the employment forecast predicts a continued decline with an average annual rate of -2.48%, leading to an overall reduction of approximately 11.81% over the five-year period.
Future trends to watch for include:
- Impact of remote working trends on office furniture demand.
- Technological advancements reducing manpower needs in manufacturing.
- Potential shifts in retail environments influencing shop furniture requirements.
