The hollow glass production value in Italy is forecasted to grow from 2.95 billion euros in 2024 to 3.13 billion euros by 2028. As of 2023, the actual production value was slightly below 2.95 billion euros.
Year-on-year forecasts suggest moderate growth: 1.7% from 2024 to 2025, 1.3% in the following year, and an average annual CAGR of 1.5% over the five-year period. Over recent years, Italy has experienced consistent yet modest growth, driven by demand for safe, eco-friendly packaging.
Future trends to watch for:
- The shift towards sustainable and recyclable glass packaging to drive industry expansion.
- Potential technological advancements improving production efficiency and reducing overall costs.
- The impact of European regulatory changes on the glass manufacturing sector.