The number of employees in the preparation and spinning of textile fibers sector in Italy is projected to decline steadily from 8.67 thousand in 2024 to 4.86 thousand by 2028. This represents a significant reduction in workforce over the years. Notably, compared to 2023, when the number stood at approximately 9.63 thousand, there is a clear downward trend. The year-on-year decrease ranges between 11% and 18%, and the five-year compound annual growth rate (CAGR) indicates a substantial negative trend.
Future trends to watch for include:
- The potential impact of automation and technological advancements on workforce requirements.
- Evolving international trade policies and their effects on the Italian textile industry.
- Sustainability initiatives influencing production methods and employment patterns.