The employment in the rubber products manufacturing sector in Austria was reported at 1.88 thousand full-time equivalents in 2023. The forecasted data indicates a declining trend over the years 2024 to 2028, with employment numbers decreasing from 1.83 thousand in 2024 to 1.61 thousand by 2028. Year-on-year, the sector is expected to witness a decrease of 3.3% from 2024 to 2025, followed by declines of 2.8%, 2.9%, and 3.6% each subsequent year. The Compound Annual Growth Rate (CAGR) over the five-year period is projected to be -3.7%.
Future trends to watch for include technological advancements leading to automation, which may further reduce the need for manual labor. Additionally, shifts toward sustainable materials and eco-friendly production processes could impact employment dynamics within the sector.
