The market size value per capita for glues based on starches or modified starches in Italy is forecasted to slightly increase from $0.41 in 2024 to $0.43 by 2028. The growth is stable with minor fluctuations, showing a compound annual growth rate (CAGR) over this five-year period of approximately 1.2%. Given that the value stood at $0.40 in 2023, the year-on-year growth from 2023 to 2024 is roughly 2.5%, while subsequent annual increases range between steady percentages leading up to 2028.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly adhesives, as environmental concerns become increasingly prominent.
- Technological advancements in starch modification processes could lead to enhanced adhesive properties and new applications.
- Potential economic fluctuations impacting disposable income and purchasing behaviors which might affect market dynamics.