In 2023, the market size of tinplate, other tinned sheet, and strip, including electrolytically chromium coated steel, stood at 762.5 million kilograms in Italy. The forecasts indicate gradual growth year-on-year with a progression from 777.87 million kilograms in 2024 to 839.93 million kilograms in 2028. This corresponds to an average annual growth rate (CAGR) of approximately 1.9% over the five-year period from 2024 to 2028, demonstrating a steady increase in market volume.
Future trends to watch for in this market include:
- Increased demand from the food packaging industry due to its protective qualities.
- Potential substitution with alternative materials amid sustainability conversations.
- Technological advancements that could improve product quality and cost-efficiency.