In 2023, the number of employees in the ships and boats building sector in Italy was approximately 22.8 thousand units. The forecast data for 2024 to 2028 indicates a gradual decline in employment numbers, from 22.5 thousand in 2024 to 21.4 thousand in 2028. The year-on-year variation reveals a consistent negative trend in terms of percentage change: -1.3% in 2025, -1.4% in 2026, -0.9% in 2027, and -1.4% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.3%.
Future trends to watch for:
- Technological advancements in shipbuilding could potentially mitigate the decline in some employment sectors.
- Economic factors, including trade policies and economic growth, might significantly impact the shipbuilding industry's labor demand.
- Environmental regulations may lead to innovations, affecting labor requirements in ship and boat manufacturing.