The forecast for essential oils hours worked in Italy indicates a continuous upward trend from 2024 to 2028. In 2023, the hours worked amounted to approximately 1.536 million. The forecasted data shows an increase in hours worked by about 1.9% annually, with an average compound annual growth rate (CAGR) of around 1.81% over the five-year period. This suggests a steady growth in the industry's labor demands.
Future trends to watch include:
- Potential shifts in consumer preferences towards natural products, which may drive increased demand for essential oils.
- Technological advancements that could either automate or enhance production processes, impacting labor needs.
- Regulatory changes concerning the use and production of essential oils within the EU market.