Forecast: Number of Employees in Clothing in Italy

The number of employees in the clothing sector in Italy has shown a dynamic trend over the past decade. From 2013 to 2023, employment figures have fluctuated, peaking in 2017 at 185.7 thousand persons and gradually declining there onwards. Specifically, 2023 saw a workforce of approximately 173.3 thousand, showcasing a 1.48% decrease from the previous year. This period demonstrates a decline, reflecting macroeconomic challenges and shifts in industry dynamics.

Reviewing the last two years, the sector experienced a moderate decline with reductions of 1.51% in 2022 and 1.48% in 2023. Over the past five years, the sector has seen an average annual decrease in workforce size, indicated by a CAGR of -1.35%.

Future forecasts (2024-2028) project a continued decline in employment, with a 5-year CAGR of -1.3%, translating to an overall decrease of approximately 6.34%. Key future trends to watch include technological advancements replacing manual jobs, shifts towards sustainable and ethical production, and potential impacts of economic policy changes within Italy or the EU.