The sold production of machinery for moulding or retreading pneumatic tyres or forming inner tubes of rubber or plastics in Italy shows a significant decline from 2024 onwards. The forecasted values depict a decreasing trend with a year-on-year reduction of approximately 14.4% from 2024 to 2025 and 15.7% from 2025 to 2026, leading to a rapid decrease into 2028. The projected compound annual growth rate (CAGR) from 2024 to 2028 stands at -17.9%, highlighting a consistent downturn in production volumes.
Future trends to watch for include:
- Economic factors affecting demand for new machinery in the tyre and rubber industry.
- Industry shifts towards automation and innovative technologies impacting machinery needs.
- Global supply chain dynamics and potential impacts on production capacity.