The number of persons employed in the consumer electronics sector in the Netherlands has experienced significant fluctuation over the past decade. Employment peaked in 2014 with a positive year-on-year variation of 10.07% but saw a considerable decline in subsequent years. By 2023, the sector stood at 521 employees (in thousands), reflecting a downward trend.
Over the last two years, employment declined by 8.92% in 2023, following an 8.33% decrease in 2022. The compound annual growth rate (CAGR) over the last five years was -6.11%, indicating a consistent annual decline in employment.
From a forecast perspective, employment is expected to continue its downward trend, with predictions indicating an average annual shrinkage of 10.01% through 2028. This aligns with the forecasted overall reduction of 40.98% in sector employment.
Future trends to watch for include the impact of technological advancements and automation on employment, potential shifts to remote work models, and changes in consumer demand patterns. The sector may also face challenges related to economic fluctuations and supply chain disruptions which could influence employment statistics further.
