The sold production of shaped and processed flat glass in Italy has experienced significant fluctuations over the past decade. From 2013 to 2017, the market showed moderate growth with a peak in 2017. However, between 2018 and 2021, the industry faced volatility, culminating in a sharp decline in 2021. Recent years from 2022 to 2023 reflected slight stabilization, though 2023 saw a marginal decrease of 0.18%, bringing the volume to 32.963 million square meters. The 5-year CAGR has been a negative 1.23%.
Looking ahead, the forecast suggests a marginal decline with a 5-year CAGR of -0.14%, reflecting a slight yet consistent decrease through to 2028, reaching approximately 32.67 million square meters. Key trends to monitor in the future include technological advancements in glass processing, sustainable production initiatives, and fluctuations in construction activity that could impact demand trajectories.
