The employment in the Manufacture of Jewellery, Bijouterie, and Related Articles sector in Italy is projected to decline from 17.84 thousand FTEs in 2024 to 17.38 thousand FTEs in 2028. This reflects a gradual decrease in employment, averaging a yearly decline of approximately 0.65% over the next five years. This decline aligns with challenges possibly arising from automation, changing consumer preferences, and international competition impacting the sector.
Future trends to watch for include:
- Technological advancements in manufacturing processes that may further reduce labor needs.
- Consumer demand shifts toward sustainable and ethically sourced jewellery impacting production and employment.
- Potential increases in export activity as Italian jewellery remains prestigious, possibly moderating employment declines.