The kitchen furniture employment sector in the Netherlands saw fluctuations between 2013 and 2023, with a marked decrease until hitting a low in 2017. A notable recovery began in 2018, continuing with growth until 2023, where employment stood at 2.75 thousand. Over the last two years, employment rose by 2.27% in 2023 and 2.84% in 2022. The five-year average growth rate, indicating a positive trend, was 3.39%. Forecasts for the next five years (2024-2028) predict a slower 0.87% CAGR but overall growth of 4.44%, reaching 2.92 thousand employees by 2028.
Future Trends to Watch:
- Technological advancements in manufacturing, potentially automating processes, which might alter employment needs.
- Market demand shifts towards sustainable and customizable furniture impacting employment in manufacturing and design segments.
- Economic conditions and housing market trends influencing consumer spending on kitchen furniture.