In the manufacture of domestic appliances sector in Germany, the number of employees was 74,930 in 2023. Forecasted figures indicate a steady growth, expanding from 78,720 employees in 2024 to 97,450 in 2028. This represents year-on-year increases of approximately 6.03% between 2024 and 2025 and 5.65% between 2025 and 2026.
Continuing over this period, a compound annual growth rate (CAGR) of 5.4% is anticipated from 2024 to 2028.
Future trends to watch for:
- Automation and technological advancements that might affect employment dynamics.
- Shifts in consumer preferences towards smart and energy-efficient appliances.
- Germany's regulatory changes impacting the manufacturing process.