From 2013 to 2023, wages and salaries in the plastic packaging goods sector in Italy consistently grew, with significant increases seen in 2016 and 2017. In 2023, the value stood at 1000.0 million Euros, representing a modest annual growth rate when viewed over the last two years (1.34% in 2023 and 1.35% in 2022). On average, the compound annual growth rate (CAGR) over the past five years was 1.35%. Forecasts for 2024 and beyond suggest a steady upward trend with a projected CAGR of 1% over the next five years, targeting a value of 1070.0 million Euros by 2028.
Future trends to watch for include the impacts of automation and digital transformation on employment in the plastic packaging sector, potential economic fluctuations, and policy changes related to sustainability and environmental regulations which could affect wage structures.
