In 2023, the sold production of pumps fitted or designed to be fitted with a measuring device for dispensing liquids in Italy stood at 59.2 Thousand Items. As of 2024, the forecasted production value is at 63.8 Thousand Items, reflecting a year-on-year increase of approximately 7.77%. From 2025 to 2028, production is projected to grow steadily with annual percentages between roughly 7.77% and 6.31%. By 2028, production is expected to reach 84.04 Thousand Items. The Compound Annual Growth Rate (CAGR) over this five-year period is estimated at 7.36%, indicating a stable upward trend.
Future trends to watch:
- Technological advancements enhancing pump efficiency and measurement precision.
- Increased demand driven by infrastructure upgrades and regulatory changes.
- Potential supply chain disruptions affecting production scales.