The Italian Quartz and Quartzite market has demonstrated fluctuating growth patterns over the last decade. From 2012 to 2015, the market witnessed an impressive growth surge, peaking in 2015 with a year-on-year increase of 32.39%. After 2015, the growth steadied with a combination of small increments and slight declines, particularly noticeable in 2018 and 2019. In the recent years, the market has shown moderate growth with year-on-year increases of 2.43% in 2020, 3.15% in 2021, and 2.35% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at 0.42%, indicative of a generally stable albeit modest growth trajectory.
As we move into 2024 and beyond, key trends to watch for include technological advancements in quartz and quartzite production, increasing preference for sustainable and eco-friendly materials, and evolving consumer preferences driven by aesthetic and functional considerations. Monitoring these trends will be essential for understanding the market's future direction and identifying opportunities for growth.