Forecast: Footwear Gross Value Added Per Employee FTE in Italy

In 2023, the footwear industry's Gross Value Added per Employee FTE in Italy was approximately 75.5 thousand euros. From 2024 to 2028, forecasts indicate a steady increase from 76.3 thousand euros to 79.8 thousand euros. The year-on-year growth rates show a consistent rise, with values increasing by approximately 1.3% between 2024 and 2025, 1.2% between 2025 and 2026, and 1% between 2026 and 2027. The last two years see a similar 1% growth.

Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be around 0.9%, illustrating a stable yet modest upward trend.

Future trends to watch for:

  • Technological advancements in manufacturing and design enhancing productivity
  • Increasing demand for sustainable and eco-friendly footwear
  • Potential impacts of economic fluctuations and consumer spending on the luxury segment

Top Countries about Footwear