The employees in the recreational activities sector in Italy have shown significant fluctuations from 2013 to 2023. The sector experienced steady growth from 2013 to 2019, peaking in 2017. However, the COVID-19 pandemic led to a sharp decline in 2020 and 2021. The sector bounced back strongly in 2022 with a significant year-on-year increase of 13.71%, reaching 123.6 thousand jobs in 2022. The number of employees in 2023 rose modestly by 3.32% to 127.7 thousand jobs. The compounded annual growth rate (CAGR) over the past five years stands at 0.17%.
Looking ahead to future trends:
- The forecasted increase in employees from 2024 to 2028 suggests steady growth, with an average annual growth rate of 0.72%.
- Key factors to watch include the long-term impact of COVID-19, shifts in consumer behavior towards recreational activities, and economic conditions affecting leisure spending.
