The turnover for forestry and agricultural machinery in Italy stood at 9.85 billion Euros in 2023. The forecasted data from 2024 to 2028 indicate a steady growth trend, with values rising from 10.0 billion Euros in 2024 to 10.58 billion Euros by 2028. This denotes a consistent year-on-year increase of approximately 1.5% from 2024 to 2025, and a slightly more accelerated CAGR of around 1.81% over the five-year period from 2024 to 2028, signifying a stable upward trajectory in the market.
Future trends to watch for:
• Technological advancements in machinery enhancing efficiency and productivity.• Increased demand for sustainable and eco-friendly agricultural practices.• The impact of regulatory changes and subsidies on machinery investments.
