In 2024, the forecasted turnover per employee in Italy's fibre cement market stood at €214.9 thousand, slightly below the 2023 actuals. The data suggest a continual decline, reaching €211.3 thousand by 2028. Year-on-year decreases exhibit a slight but consistent downward trend around 0.5% annually, indicating modestly contracting market efficiency per employee. Looking at the five-year compound annual growth rate (CAGR), a recurring yearly decline can be anticipated.
Future trends to watch include:
- Technological advancements improving production efficiency.
- Potential labor market shifts impacting employee productivity.
- Emerging competition from alternative building materials or global economic factors influencing demand.