Forecast: Preparation and Spinning of Textile Fibres Number of Persons Employed in Italy

The number of persons employed in the preparation and spinning of textile fibers in Italy is forecasted to decline significantly from 2024 to 2028. Starting at 9.79 thousand employees in 2024, the sector is expected to experience consecutive annual decreases of approximately 11.3%, 12.6%, 14.4%, and 16.8% through 2028. These decreases collectively contribute to a compound annual growth rate (CAGR) of around -13.4% across the forecast period.

Future trends to watch for:

  • Automation and technological advancements potentially reducing the need for manual labor.
  • Shifts in global supply chains impacting local employment.
  • Increased focus on sustainable and innovative fiber production methods.

Top Countries about Textile Fiber