The forecast for fibre cement production value in Italy indicates a gradual decline from 2024 to 2028. The production value in 2023 was 90.5 million Euros. In 2024, the expected value is 89.0 million Euros, showing a year-on-year decrease of 1.66%. From 2024 to 2025, the value is projected to decrease by 1.69%, and a continuous downward trend is observed with a 1.37% decline from 2025 to 2026, a 1.16% reduction from 2026 to 2027, and a 0.94% drop from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.23%, indicating a consistent negative trend.
Future trends to watch for include potential market consolidation, advancements in eco-friendly and sustainable fibre cement alternatives, and varying demands in the construction sector influenced by economic conditions and regulatory changes.
