Forecast: Employment in Service Activities Related to Printing Sector in Italy

The employment in the service activities related to the printing sector in Italy experienced a consistent decline from 2013 to 2023. In 2013, the value stood at 10.71 thousand full-time equivalents (FTEs). By 2023, this number had fallen to 7.71 thousand FTEs. The year-on-year variation in 2023 was -0.52%, indicating a continued downward trend. The compound annual growth rate (CAGR) over the previous five years was -3.87%, reflecting a steady decline in employment numbers.

Looking ahead, the forecast from 2024 to 2028 suggests a continued decrease in employment with a five-year CAGR of -4.63%. The sector is projected to see a 21.12% decline by 2028, reaching a value of 5.76 thousand FTEs.

Future trends to watch for include:

• Technological advancements and digital transformation impacting traditional printing services.
• A shift towards more sustainable and eco-friendly printing practices.
• Potential industry consolidation and mergers to cope with the declining market.
• Increased demand for specialized printing services, which may offer some opportunities.