The employment in the footwear sector in Italy showed a declining trend from 2013 to 2020, with significant drops in 2020, influenced likely by global events. It started recovering from 2021 with an upward trend until 2023, where it stood at 47.71 thousand full-time equivalents (FTEs). Forecasts for the next five years predict a gradual decline with a CAGR of -1.73%, translating to an 8.38% decrease by 2028.
Year-on-Year trends from 2022 to 2023 showed a growth of 2.71%. However, a declining pattern resumes from 2024 onward.
Future trends to watch for in the footwear sector include the impact of technological advancements, shifts towards sustainable and ethical production, and changing consumer behaviors influenced by fashion trends and economic conditions.
