The number of enterprises in Italy's man-made fibres sector is projected to decrease steadily from 2024 to 2028. Starting with 13 enterprises in 2024, the number is expected to drop to 7 by 2028. This marks a significant decline over five years, with the Compound Annual Growth Rate (CAGR) indicating an average negative growth trend per year. Year-on-year variation underscores a concerning downward trend over 2024-2028.
Future trends to watch for include:
- Technological advancements potentially reducing operational costs.
- Regulatory changes affecting manufacturing.
- Market adaptation to sustainability demands.
- Increased competition from global markets.
