In 2023, employment in the tobacco products sector in Italy was recorded at approximately 3.7 thousand, marking the baseline for future forecasts. From 2024 onwards, forecasts indicate a consistent rise in employment numbers, signaling growth in the industry. In 2024, the sector is expected to employ 3.89 thousand people, which represents a consistent upward trend. By 2028, forecasted employment is anticipated to reach 4.65 thousand, highlighting a steady increase annually.
The year-on-year percentage growth from 2024 to 2025 is projected at 4.9%, followed by 4.7% from 2025 to 2026, 4.4% from 2026 to 2027, and 4.3% from 2027 to 2028. This steady increase results in a compound annual growth rate (CAGR) of approximately 4.5% over the five-year period from 2024 to 2028, reflecting positive momentum in job creation within the industry.
Future trends to watch include technological advancements in production processes, regulatory impacts such as taxation and health-related policies, and shifts in consumer preferences towards alternative tobacco products. These factors may significantly influence the employment outlook and overall industry health in Italy moving forward.
