In 2023, Italy's employment within the preparation and spinning of textile fibers sector was approximately 11,000 employees. The projected data forecasts a declining trend, with employment expected to decrease from 9.79 thousand in 2024 to 5.4 thousand in 2028. The year-on-year decrease in employment from 2024 to 2025 is approximately 11.3%, while from 2025 to 2026, it is 12.7%. From 2026 to 2027, the decline is 14.4%, and from 2027 to 2028, it is 16.8%. The five-year CAGR from 2024 to 2028 is estimated to be approximately -12.4%.
Future trends to watch in this sector include technological advancements that enhance automation processes, potentially accelerating the decline in manual employment. Additionally, shifts in global textile sourcing strategies and sustainability practices might impact labor demand.
