The number of employees in the knitted and crocheted hosiery sector in Italy, forecasted from 2024 to 2028, shows a steady decline. Starting from 10.1 thousand employees in 2024, the industry is forecasted to contract to 9.43 thousand by 2028. The year-on-year change from 2024 to 2028 indicates a declining trend, highlighting negative growth with an average annual decrease over five years (CAGR) showing a -1.7% reduction. In 2023, the figure stood at approximately 10.28 thousand employees, reflecting a declining employment trend in the Italian hosiery industry.
Future trends to watch for include potential impacts of automation, supply chain innovations, and shifts in consumer preferences toward more sustainable products, which may further influence employment numbers in this sector. Monitoring these factors could provide additional insights into the industry's trajectory beyond the current forecasts.
