In 2023, the employment in the man-made fibres sector in Italy was projected at approximately 2.10 thousand. From 2024 onwards, forecasts show a continuous decline with figures at 2.07 thousand in 2024, dropping annually to 1.94 thousand by 2028. This translates to consecutive year-on-year declines averaging between 1.4% and 1.5%. The compound annual growth rate (CAGR) for this period indicates a consistent reduction in employment levels.
Future trends to watch for:
- Adoption of automation and advanced manufacturing technologies which may further reduce workforce demand.
- Potential impacts of environmental regulations and sustainability efforts on production and employment.
- Market shifts driven by global supply chain changes influencing Italy's competitive positioning in the industry.