The forecast for the plastics turnover in Italy from 2024 to 2028 shows a steady growth trajectory. The turnover stood at 9.25 billion Euros in 2024, increasing progressively to 9.77 billion Euros by 2028. In 2023, the actual turnover was 9.12 billion Euros, indicating a 1.43% year-on-year growth in 2024. The average annual growth rate (CAGR) over the forecasted period is approximately 1.37%.
Future trends to watch for:
- Technological advancements in recycling and sustainability practices that could influence demand.
- Regulatory changes within the European Union affecting production and import/export dynamics.
- Potential growth in the bioplastics market as industries seek eco-friendly alternatives.