In 2023, the sold production of panels, boards, tiles, blocks of vegetable fiber of straw or of shavings in Italy stood at values reflective of actual demand levels prior to the forecast period. From 2024 to 2028, the forecasted values indicate a strong upward trend with a significant year-on-year growth. Specifically, there is an average percentage increase of approximately 20.3% annually, culminating in a compound annual growth rate (CAGR) of similar magnitude over the five-year projection period.
Future Trends to Watch:
- Innovation in sustainable building materials could drive further demand.
- Regulatory changes and incentives for eco-friendly materials may impact production dynamics.
- Potential shifts in construction industry preferences and market demands.