Between 2013 and 2023, employment in the Freight Transport by Road sector in Italy saw fluctuations. It began with a decline in 2014 but shifted to growth post-2015, peaking in 2019. Despite a slight drop in 2020 due to disruptions, the sector experienced steady year-on-year growth post-2020, maintaining a more stable path through 2023. As of 2023, employment stood at 240.87 thousand full-time equivalents. The five-year compound annual growth rate from 2019 to 2023 highlighted a moderate increase of approximately 0.30% annually.
Looking forward, the future trend indicates a gradual growth, with a five-year forecast CAGR of 0.34%. Employment is expected to increase steadily, reaching 246 thousand by 2028. This suggests continual, albeit modest, expansion in the sector. Factors such as advancements in logistics technology, economic conditions, and regulatory changes will be crucial trends to monitor in the coming years.
- Stable growth post-2020
- Minimal fluctuations in more recent years
- Forecasted steady growth until 2028
- Future growth influenced by technology and economic conditions