In 2023, the Gross Value Added (GVA) per employee FTE in the plumbing, heat, and air conditioning installation sector in Italy was approximately 73.9 thousand Euros. The forecasted values from 2024 to 2028 show a slight year-on-year increase, with the GVA expected to reach 75.1 thousand Euros by 2028. This represents a compound annual growth rate (CAGR) of about 0.32% from 2024 to 2028.
Future trends to watch for include:
- Technological advancements and innovations in plumbing and HVAC systems, potentially increasing efficiency and productivity.
- Environmental regulations and sustainability initiatives driving demand for more energy-efficient installations.
- Potential labor market changes and shifts in industry demand impacting the growth rate of value added per employee.