In 2023, the sold production of unglazed ceramic and stoneware flags and paving, hearth or wall tiles, mosaic cubes was 53.459 million euros. Transitioning into the forecast period, a gradual decline is evident: 2024 anticipates a reduction to 52.426 million euros, with further decrements year-on-year. By 2028, the value is forecasted to dip to 48.555 million euros.
The year-on-year percentage declines suggest a steady contraction of the market. The Compound Annual Growth Rate (CAGR) over the five-year forecast period reveals an average annual decrease of approximately 1.9%.
Future trends to watch for:
- Emerging technology in ceramic production that may alter market dynamics.
- Potential shifts in consumer preferences towards eco-friendly or alternative materials.
- Impact of economic factors, such as inflation or construction sector growth, on demand.