Employment in Denmark's Plastics and Synthetic Rubber sector displayed a fluctuating trend from 2013 to 2023. After a significant initial decline in 2013, the sector generally maintained an upward trajectory, except for minor dips in certain years. By 2023, employment stood at 247 units (Full-Time Equivalent), exhibiting moderate growth. The year-on-year variations were quite varied, showing both increases and decreases, resulting in a stable but slow growth pattern over the last decade. The Compound Annual Growth Rate (CAGR) for the past five years up to 2023 was minimal at 0.16%.
Forecasting suggests a continued modest rise in employment, with an expected CAGR of 0.71% from 2024 to 2028, culminating in a 3.6% total growth over these five years. Future trends to monitor include technological advancements and automation, which could impact job numbers, and the industry's response to environmental regulations aimed at reducing plastic waste and enhancing sustainability.
