The sold production of flat pallets and wooden pallet collars in Italy has seen varied trends from 2013 to 2023. Starting with a significant drop in 2013, the value increased notably in 2014 and remained relatively stable until 2016 when it experienced substantial growth. The growth continued steadily until 2019, but in 2020, the value dropped significantly. There was another sharp decline in 2021, but it recovered swiftly in 2022. In 2023, the value stood at 137.41 million items, reflecting a 7.13% increase from the previous year and a five-year CAGR of 1.32%
Future trends to watch for include:
• Steady growth is forecasted from 2024 to 2028, with a 2028 value expected to reach 156.21 million items.
• Over the next five years, the average annual growth rate is projected at 2.03%, leading to an overall increase of 10.59% by 2028, indicating resilience and a return to positive growth trends.