The number of persons employed in the office and shop furniture industry in Germany is projected to decline steadily from 2024 to 2028. The employment figures start at 37.63 thousand in 2024, decreasing gradually each year to 36.81 thousand by 2028. This consistent downward trend suggests a stable, albeit slow, reduction in workforce within this sector.
Year-on-year variations show a minor decline of approximately 0.56% annually, indicating a gradual shift rather than a sudden drop. This trend has persisted over the past two years and is expected to continue, reflecting a compound annual growth rate (CAGR) of -0.56% over the five years from 2024 to 2028.
Future trends to watch for in this sector include potential impacts of automation, shifts toward remote working which could reduce demand for office furniture, and economic factors affecting retail and office spaces. Additionally, sustainability trends and innovations in smart furniture could play a role in shaping employment dynamics.