In 2023, the preparation and spinning of textile fibers in Italy accounted for approximately 16 million hours worked. The forecast from 2024 to 2028 indicates a consistent decrease in the hours worked, projecting a decline from 15.1 million in 2024 to 8.8338 million by 2028. The year-on-year decline is approximately 10% in each subsequent year, reflecting a significant downward trend in labor hours attributed to this industry. The compound annual growth rate (CAGR) over the five-year forecast period is approximately -11.95%, indicating a strong contraction trend in labor usage.

Future trends to watch for:

Automation and technological advancements potentially leading to efficiency gains and reduced labor needs.
Shifts in global textile supply chains affecting local production dynamics.
Environmental regulations pushing for more sustainable practices possibly impacting production processes.