Forecast: Number of Employees in Ships and Boats Building in Italy

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.

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