The number of employees in the rubber products manufacturing sector in Italy has shown varied trends over the past decade. From a decline between 2013 and 2016, marked by a peak decrease of 1.7% in 2013, to a period of recovery and growth from 2017 onwards. Notable increases occurred, such as in 2019 with a 6.85% rise. The sector experienced a slight dip in 2020 due to pandemic impacts but rebounded slowly through 2021 to 2023. As of 2023, the sector employed 42.3 thousand people.
Future projections indicate a steady, albeit modest, growth with a forecasted number of 43.26 thousand employees by 2028. This reflects an expected 5-year CAGR of 0.36%, suggesting stability.
Trends to watch include:
- Technological advancements in manufacturing processes.
- Increasing demand for sustainable materials and practices.
- Potential impacts of economic fluctuations on industrial employment.
