The employment in Italy's manufacture of metal-forming machinery and machine tools sector is forecasted to decrease from 29.18 thousand full-time equivalents (FTEs) in 2024 to 27.23 thousand FTEs by 2028. This steady decline indicates a notable downward trend with a year-on-year decrease of approximately 1.68% in 2025, 1.74% in 2026, 1.70% in 2027, and 1.73% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately -1.75%.
Future trends to watch for include:
- Technological advancements in automation and digitalization impacting job requirements and roles.
- The influence of global economic conditions on Italy’s manufacturing demand and employment levels.
- The transition towards sustainable manufacturing potentially reshaping workforce dynamics.
