In 2023, the workforce in Italy's rubber and plastics products, and other non-metallic mineral products sector was 321.0 thousand units. Forecasters predict a steady decline from 2024 to 2028, with employment shrinking from 315.3 thousand to 293.0 thousand. This represents a year-on-year decrease ranging from 1.8% to 2% each year. Over the five-year period, the compound annual growth rate (CAGR) is a negative trend of around -1.8% annually.
Future trends to watch:
- The impact of automation and technological advancements on employment levels.
- Potential regulatory changes influencing manufacturing practices in the sector.
- Shifts in global demand for rubber, plastics, and non-metallic minerals that could affect local employment.