In the Italian wearing apparel sector, the number of young high-growth enterprises, or gazelles, is forecasted to increase from 60 in 2024 to 73 in 2028. This represents a consistent year-on-year growth rate of approximately 5%. The annual Compound Annual Growth Rate (CAGR) over the five years is close to 5.5%.
Future trends to watch for include:
- Technological advancements in sustainable and digital fashion.
- Increasing international competition and demand for unique Italian designs.
- Potential impacts of economic policies on small and medium enterprises (SMEs).