The analysis of forecasted hours worked in the fibre cement industry in Italy from 2024 to 2028 suggests a consistent downward trend. In 2024, the hours are expected to start at 584.47 thousand and decline steadily to 372.69 thousand by 2028. This indicates a significant year-on-year decrease of approximately 9-11% annually. The Compound Annual Growth Rate (CAGR) over this five-year forecast period highlights an average annual decrease of around 10%.
Future trends to watch for include technological advancements potentially reducing the need for labor hours more efficiently, shifts in market demand, or policy changes impacting the industry structure and labor needs.
