The forecasted data for the Gross Value Added (GVA) per employee in the Italian underwear sector shows a steady increase from 2024 to 2028. Starting at 56.2 thousand euros in 2024, it is expected to grow annually, reaching 61.7 thousand euros by 2028. This represents a year-on-year growth rate of approximately 2.5% between 2024 and 2025, and similarly between subsequent years. When examining the Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028, the average annual growth rate is around 2.4%. For context, in 2023, the actual GVA per employee stood at 55.0 thousand euros.
Future Trends to Watch For:
- Automation and technological advancements in manufacturing, which could further increase per employee productivity.
- Changing consumer preferences towards sustainable and high-quality products.
- Competitive market dynamics and potential consolidation within the industry.
- Supply chain optimizations and potential reductions in raw material costs.