The number of persons employed in the packaging paper sector in Italy stood at 28.33 thousand in 2023. From 2013 to 2023, employment in this sector showed a positive trend, particularly gaining momentum from 2017 onwards. The last two years (2022-2023) saw relatively stable growth with year-on-year increases of 1.83% and 1.61%, respectively. Evaluating over a larger timeframe, the Compound Annual Growth Rate (CAGR) for the last five years stood at 2.08% compared to the forecasted 0.84% CAGR for the next five years (2024-2028). The expected growth rate (2024-2028) is projected to be 4.25%.
Future trends to watch for include potential impacts from advancements in recycling technologies, regulatory changes related to sustainable packaging, and fluctuations in global economic conditions affecting demand and production efficiency.