The self-employed workforce in Italy's textiles, wearing apparel, and leather products manufacturing sector is projected to decline steadily from 72.7 thousand jobs in 2024 to 66.4 thousand jobs by 2028. This demonstrates a year-on-year decrease trend, with a consistent drop in the number of self-employed individuals. In 2023, the sector's self-employment stood at approximately 74,700, marking a clear downward trend across the forecasted period. The average annual contraction from 2024 to 2028 reflects a compound annual growth rate (CAGR) decline.
Future trends to watch for include:
- Technological advancements potentially reducing manual job demands.
- Global economic conditions impacting consumer demand and export opportunities.
- Policy changes affecting labor markets and small business operations.
- Sustainability trends driving shifts in traditional manufacturing processes.
