The number of employees in the Carpets and Rugs sector in Italy experienced notable fluctuations from 2013 to 2023. In 2023, the sector employed 0.952 thousand people. Between 2013 and 2018, there was a significant decline with a peak drop of -15.62% in 2016. However, from 2017 onwards, the sector showed signs of recovery, with positive year-on-year growth, except in 2020 when it declined by -11.29% due to the pandemic. Over the last two years, there has been a steady increase with year-on-year growth rates of 5.8% in 2022 and 4.39% in 2023. The five-year CAGR stands at 1.45%.
Looking ahead, the sector is expected to continue its gradual growth with a forecasted five-year CAGR of 1.46%, reaching 1.04 thousand employees by 2028, reflecting a 7.53% growth rate over the next five years. Key future trends to watch include technological advancements in manufacturing, shifts in consumer preferences towards sustainable materials, and potential impacts of economic policies on the sector's job market.
