In 2023, the sold production of hygienic or pharmaceutical articles of rubber in Italy, excluding sheath contraceptives, stood at an unlisted but presumably higher value based on the downward trend observed in subsequent years. From 2024 to 2028, a consistent decline in the value is forecasted, from €30.606 million in 2024 to €16.007 million in 2028.
Year-on-year variations reflect this negative trend: a reduction of 12.1% from 2024 to 2025, 13.7% from 2025 to 2026, 15.6% from 2026 to 2027, and 18.4% from 2027 to 2028. The compound annual growth rate (CAGR) over the period from 2024 to 2028 is approximately -13.1%, indicating substantial contraction in this market segment.
Future trends to watch for:
- Increased regulatory measures might influence production capacities and costs.
- Technological advancements and material innovations could alter market dynamics.
- Shifts in medical and hygienic needs may adjust demand.
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