In 2023, the number of persons employed in the manufacture of cutlery, hand tools, and general hardware sector in France was approximately 21.77 thousand. The forecast for 2024 to 2028 indicates a steady decline in employment figures. Year-on-year, a consistent decrease is observed: 1.54% for 2025, 1.57% for 2026, 1.59% for 2027, and 1.57% for 2028. Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is projected to be negative, illustrating a continuous reduction in workforce.

Future Trends to Watch for:

Automation and technological advancements might continue reducing the need for labor in this sector.
Evolving sustainability practices could potentially reshape production methods with potential employment implications.
International competition and trade policies could further impact employment in domestic manufacturing.