Forecast analysis for the number of employees in the ships and boats building sector in Japan shows a slight declining trend. In 2024, we start with 75 thousand employees, with projections indicating a gradual decrease to 74 thousand in 2025 and 2026, and further to 73 thousand in 2027 and 2028. Compared to the actual figure from 2023, this represents a year-on-year decrease of 1.33% from 2024 to 2025, steady in 2026, and another 1.35% drop from 2026 to 2027, remaining constant in 2028. The five-year CAGR indicates a consistent annual decline in the workforce.
Future trends to watch for in this sector include advancements in automation and technology, which could potentially reduce the need for manual labor. Additionally, shifts in global shipping demand and environmental regulations might impact the workforce dynamics further.