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Italian Nautical Industry Exceeds $29 Billion, Study Says

By: Kathleen Turner

The Altagamma Foundation knows luxury. Particularly, Italian luxury. Since 1992, the organization has studied the high end Italian brands in fashion, design, jewelry, food, hospitality, automotive, yachts, and wellness. Their mission? To increase competitiveness of the high end industry, contributing to Italy's economic growth.

Released on June 25th, 2024, an Altagamma-Deloitte study of the Italian Nautical Industry revealed that the industry grew three times faster than Italy's GDP between 2012 and 2022, and that its overall impact is 2.7 times as much as its direct impact, six times greater than its employment impact.

Source: https://www.forbes.com

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