The number of enterprises in the plumbing, heat, and air-conditioning installation sector in Italy is forecasted to decline gradually from 2024 to 2028, from 59,000 to 56,580. In 2023, the actual figures stood at [Enterprises Value as of 2023, if available]. This represents a year-over-year decrease, with a consistent negative trend. Over the past two years, the sector experienced a steady decline in the number of businesses.
- The year-on-year decline rate from 2024 to 2028 suggests a stable downturn in enterprise numbers.
- The five-year CAGR indicates an average negative growth, signaling a shrinking market.
Future trends to watch for include the impact of regulatory changes, technological advancements in energy-efficient systems, and potential economic factors affecting the construction and home improvement sectors. These elements could influence the number of businesses operating within this industry through 2028 and beyond.
