The employment in the knitted and crocheted apparel sector in Italy shows a consistent downward trend from 2024 to 2028. In 2023, the employment figure stood at 19.17 thousand full-time equivalents. The year-on-year variation reveals a slight decline, with a 0.73% decrease in 2025, a 0.79% decrease in 2026, a 0.75% decrease in 2027, and a 0.75% decrease in 2028. Over these five years, the Compound Annual Growth Rate (CAGR) indicates an average yearly decline of approximately 0.76%.
Future trends to watch for in the sector include:
- Technological advancements in textiles potentially automating processes.
- Shifts in consumer preferences towards sustainable and locally sourced materials.
- The influence of global economic conditions on export demand.
- Policy changes regarding labor and trade in the European Union affecting the industry.