In 2023, the number of persons employed in Italy's man-made fibres sector stood at 2.10 thousand employees. The forecast indicates a gradual decline from 2024 to 2028, with values decreasing to 1.94 thousand employees in 2028.
The year-on-year percentage variation reveals a consistent downward trend, with approximately 1-1.5% reduction per annum. The compounded annual growth rate (CAGR) over the five-year period results in a negative trend, exacerbating concerns over decreasing employment in this sector.
Future trends to watch include:
- Technological advancements potentially reducing labor demands.
- Shifts towards sustainable fibers might impact employment figures.
- Economic factors influencing the competitiveness of man-made fibers.
