The Italian forging, pressing, stamping, and roll-forming of metal, along with the powder metallurgy sector, is projected to experience a slight downturn in turnover from 2024 to 2028. Starting at 10.44 billion euros in 2024, the forecast indicates a gradual decline to 10.25 billion euros by 2028. Compared to a turnover of 10.5 billion euros in 2023, these forecasts suggest a minor contraction. The year-on-year decrease averages approximately 0.25% annually. Over the five-year projection, this results in a compound annual growth rate (CAGR) of negative 0.4%.
Future trends to watch for in this sector include:
- Technological advancements in manufacturing processes which could enhance efficiency and reduce costs.
- Potential implications of environmental regulations and sustainability initiatives impacting production methods.
- Global economic conditions affecting demand for metal products, particularly in industries like automotive and construction.