Forecast: Leisure Employment in Italy

The leisure employment sector in Italy saw various fluctuations from 2015 to 2023. In 2023, it stood at 150.57 thousand employees. From 2017 to 2019, the sector experienced a slight decline, with a notable drop in 2019 by 1.17%. However, it rebounded in 2020 with a 1.31% increase and continued to grow gradually through 2023, showing a consistent annual growth rate of around 0.6%.

Key trends from 2017 to 2023 include:

  • Significant growth in 2017 with a 5.66% year-on-year increase.
  • Slight decline in 2019 with a 1.17% decrease.
  • Gradual growth from 2020 onwards, averaging around 0.6% per year.

Over the next five years, the sector is forecasted to follow a steady upward trajectory, with a 5-year CAGR of 0.46% and an overall growth rate of 2.33% by 2028. Future trends to watch include evolving consumer preferences and technological advancements in the leisure industry, potentially leading to job creation and further sector expansion.

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