Forecast: Number of Persons Employed in Rubber Tyres and Tubes, Retreading and Rebuilding of Rubber Tyres Manufacturing Sector in Italy

As of 2023, the rubber tyres and tubes, retreading, and rebuilding of rubber tyres manufacturing sector in Italy employed 10.33 thousand individuals. The subsequent years show a subtle decline with the workforce projected to shrink from 10.29 thousand in 2024 to 10.0 thousand in 2028. Year-on-year, this suggests a gradual reduction in workforce, averaging a decline of approximately 0.57%. The five-year CAGR indicates a slight contraction, averaging 0.65% per annum.

Future trends to watch include:

  • Impact of technological advancements in manufacturing efficiencies and automation.
  • Market demand driven by shifts in mobility trends, such as electric vehicles.
  • Regulatory impacts related to environmental standards affecting production processes.

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