The employment in the Repair of Motor Vehicles and Motorcycles sector in Italy has exhibited fluctuations since 2013. Starting at 1.6183 million full-time equivalents in 2013, the sector saw a decline until 2015, followed by moderate growth peaking at 1.6719 million in 2019. However, there was a noticeable downturn post-2019 with a significant drop in 2020, likely due to the COVID-19 pandemic. By 2023, employment stood at 1.4903 million full-time equivalents, representing a consistent decline over the last few years. Over the past two years, the sector has shown an annual decrease of approximately 0.82%. The five-year CAGR from 2018 to 2023 is -2.26%, indicating a negative trend over recent years.
Looking forward, forecasted data suggests a continued decline in employment in this sector with a forecasted five-year CAGR of -0.65%, resulting in an anticipated employment of 1.4309 million full-time equivalents by 2028.
- Employment in the sector peaked in 2019 before declining.
- Significant downturn observed in 2020.
- Consistent decline from 2021 to 2023.
- Continuing negative trend projected through 2028.
Future trends to watch include the impact of emerging technologies such as electric and autonomous vehicles on the repair sector, potential new skills and training requirements, and shifts towards sustainable practices. Industry adaptability to these changes will be crucial in shaping future employment trends.
