The number of persons employed in the ships and boats building industry in Italy shows a gradual decline from 2024 to 2028, with employment forecasted to decrease from 23.7 to 22.6 thousand units. This represents a year-on-year decrease of approximately 1.3% between each consecutive year. The compound annual growth rate (CAGR) for the five-year period is estimated at around -1.18%. In 2023, the employment level stood at a slightly higher rate, contributing to a discernible downtrend in subsequent years.
Future trends to watch for include potential impacts of technological advancements in shipbuilding processes, shifts in global demand for Italian ships and boats, and evolving environmental regulations impacting industry practices and employment.
