The employment in the Restaurants and Mobile Food Service Activities sector in Italy has shown notable fluctuations over the years. After a low point in 2014, the sector experienced consistent growth from 2016 to 2019. The year 2020 saw a dramatic decline likely due to the COVID-19 pandemic, but the sector rebounded strongly in 2021 and continued its upward trend through 2023, reaching 357.88 thousand FTE. The average annual growth (CAGR) over the past five years was approximately 1.29%. Looking forward, the forecast indicates steady growth, with employment projected to reach 377.57 thousand FTE by 2028, growing at an estimated yearly average rate of 0.85%.
Future trends to watch for include the impact of technological advancements on operational efficiencies, the growing importance of sustainability and eco-friendly practices in the industry, and the potential influence of economic conditions on dining habits and disposable income.
- The employment reached 357.88 thousand FTE in 2023.
- Year-on-year variation for the last two years showed recovery with growth rates of 15.36% in 2022 and 9.44% in 2023.
- The five-year CAGR indicates steady growth at around 0.85% annually up to 2028.
