The rubber products manufacturing sector in France is forecasted to experience a gradual decline in workforce. From 2024 through 2028, the number of employees is expected to decrease by approximately 6% each year, with the sector shrinking from 31.89 thousand employees to 25.79 thousand. This represents a compound annual growth rate (CAGR) of -5.2% over these five years.
Future trends to watch for include:
- Automation and innovation driving productivity, possibly leading to fewer jobs.
- Environmental regulations and sustainable practices impacting employment demands.
- Potential shifts in global demand affecting domestic manufacturing priorities.