In 2024, the projected Gross Value Added (GVA) per employee in the Italian toys and games sector is 91.4 thousand Euros, indicating steady year-on-year growth from 2023. The forecast shows an upward trend, with GVA per employee reaching 98.0 thousand Euros by 2028. The year-on-year growth rates from 2024 to 2028 average around 1.8%, with a compound annual growth rate (CAGR) of approximately 1.8% over this five-year period. This steady increase suggests a positive outlook for productivity in the sector.
Future trends to watch for include:
- The impact of digital transformation and automation on manufacturing efficiencies.
- Potential shifts in consumer preferences towards eco-friendly and educational toys that could redefine value propositions.
- Macroeconomic factors such as inflation and supply chain dynamics that may influence production costs and profitability.