In 2023, the actual production of boards and similar articles in Italy was 3.5619 million square meters. The forecast for 2024 shows a slight increase to 3.6659 million square meters, marking a year-on-year growth of 2.92%. The trend continues upwards with growth rates of 2.88% for 2025, 2.77% for 2026, 2.67% for 2027, and 2.57% for 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 2.76%.
Future trends to watch for:
- Potential increase in demand for sustainable building materials.
- Technological advancements in production processes.
- Regulatory impacts driving eco-friendly construction practices.
- Market shifts due to changes in EU environmental policies.