The number of persons employed in the industrial gases sector in Italy stood at 4.48 thousand employees in 2023. From 2013 to 2023, the sector has experienced fluctuating levels of employment, with notable declines in 2014 and 2015 followed by recovery periods. The data indicates a relatively stable employment trend from 2020 to 2023, hovering around the 4.48 thousand employee mark. The average annual growth rate (CAGR) over the last 5 years from 2018 to 2023 is 0.67%, suggesting modest growth overall.
Looking ahead to the forecast period from 2024 to 2028, the number of employees is expected to remain steady, with negligible changes forecasted. The 5-year forecasted CAGR is -0.02%, signaling a stable to slightly declining trend. It is essential to monitor automation and technological advancements in the industrial gases sector, as these could affect employment levels. Additionally, global economic conditions and regulatory changes could also impact future employment trends.
