Employment in the preparation and spinning of textile fibres sector in Italy is forecasted to decline from 7.74 thousand FTEs in 2024 to 4.5 thousand FTEs in 2028. Comparing each year, this sector faces a persistent downtrend with negative year-on-year variations: -10.7% in 2025, -11.7% in 2026, -13.1% in 2027, and -15.1% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at a concerning -13.7%, highlighting significant challenges for this industry segment.
Future trends to watch for:
- Impact of technological advancements and automation on workforce demand.
- Potential policy measures to revitalize traditional sectors.
- Shifts in consumer behavior favoring sustainable textile production.
- Global economic factors influencing textile manufacturing and exports.
