The number of persons employed in the Italian leather products sector is projected to decline steadily from 2024 to 2028. The forecast shows a year-on-year decrease: approximately 0.95% from 2024 to 2025, 0.95% from 2025 to 2026, 0.94% from 2026 to 2027, and 0.95% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is about -0.95%, reflecting a persistent trend of contraction in the workforce.
Future trends to watch for:
- Impact of technological advancements and automation shifting job roles and reducing demand for labor.
- Global competition affecting the domestic leather industry and employment levels.
- Eco-friendly practices and demands potentially reshaping job functions and market needs.