The turnover in the Manufacture of Cement, Lime, and Plaster sector in Italy in 2023 stood at 1.95 billion Euros, according to the actual data. From 2024 onwards, the sector is expected to experience a downward trend. Forecasted turnover for 2024 is set at 1.85 billion Euros, marking a year-on-year decrease of 5.1% compared to 2023. This trend continues with another 4.9% decline in 2025, bringing the turnover to 1.76 billion Euros. The downward trajectory persists, with a decrease of 5.7% to 1.66 billion Euros in 2026, followed by a 5.4% drop to 1.57 billion Euros in 2027, and a subsequent 5.7% decrease to 1.48 billion Euros by 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at -5.4%, illustrating a steady decline over the forecast period.
Future trends to watch for include potential impacts of sustainability regulations, technological advancements in material production, and fluctuations in construction sector demand. Monitoring these factors will be crucial for understanding longer-term market dynamics in the sector.
