As of 2023, the Italian Basic Metals and Fabricated Metal Products Manufacturing Sector employed approximately 658 thousand people. Forecasts for 2024 indicate a modest rise to 664.7 thousand, resulting in a year-on-year increase of about 1%. This upward trend continues with similar growth rates, reaching 683.4 thousand by 2028. The five-year compound annual growth rate (CAGR) is projected to be approximately 0.9%, indicating steady but moderate expansion in the workforce.
Future trends to watch for:
- Automation and technology integration may influence workforce needs and skill requirements.
- Global economic conditions and trade dynamics could impact sector growth.
- Sustainability efforts might drive changes in manufacturing processes.