In 2023, the number of employees in the manufacture of domestic appliances sector in Italy was recorded at approximately 19,100. As we assess the forecasted data, there is a noticeable downward trend in employment figures from 17,480 in 2024 to 10,840 in 2028, highlighting a consistent decline.
Year-on-year percentage variations indicate a decreasing workforce, with expected reductions of approximately 9.7% from 2024 to 2025, 10.5% from 2025 to 2026, 11.7% from 2026 to 2027, and 13.1% from 2027 to 2028. The compound annual growth rate (CAGR) over this period predicts an annual average decline of around 12.8%.
Future trends to watch for include automation and technological advancements impacting the workforce needs in the sector. Additionally, global economic fluctuations and shifts in consumer preferences towards energy-efficient appliances might influence employment dynamics.