In 2023, the number of employees in the manufacture of jewellery, bijouterie, and related articles sector in Italy stood at 19.85 thousand. Forecast data indicates a gradual decline over the next five years, with employees projected at 19.48 thousand in 2024, decreasing to 18.32 thousand by 2028. The year-on-year variation shows a consistent downtrend, with a decline of 1.64% from 2024 to 2025 and a continued decrease by similar margins each subsequent year. The compound annual growth rate (CAGR) suggests an average annual decrease of approximately 1.36% during this period.
Future trends to watch for include:
- The potential impact of technological advancements on employment numbers, possibly reducing the need for traditional manufacturing roles.
- Changes in consumer preferences towards customizable and bespoke jewellery that may influence production methods and workforce needs.
- Fluctuations in global economic conditions that could affect demand for luxury goods, impacting employment rates in this sector.
- Policy changes or government incentives aimed at boosting industrial growth and employment in this sector.