Employment in the Wholesale of Machinery, Equipment, and Supplies sector in France decreased from 227.67K Full-Time Equivalent (FTE) in 2013 to 198.73K FTE in 2023, indicating an average annual decline of approximately 0.59% over the last five years. The sector saw varied year-on-year growth rates, with a significant drop of -13.36% in 2017, while other years experienced more moderate changes.
From 2024 onwards, the data forecasts a continuous, albeit slight, decline in employment, reaching 191.26K FTE by 2028. The forecasted 5-year compound annual growth rate (CAGR) suggests a decrease of -0.61%, with an overall negative growth rate of -2.99% over the period.
Future trends to watch for include the growing impact of automation and digital transformation on the sector, which could lead to further reductions in employment. Additionally, shifts in global supply chains and evolving market demands might significantly influence the sector's employment landscape.
