In 2023, the actual production of air pumps and ventilating or recycling hoods incorporating a fan in Italy was 318.67 thousand items. From 2024 onwards, production is forecasted to increase each year, reaching 431.02 thousand items by 2028. This indicates strong growth, with a year-on-year increase of 6.7% in 2025, 6.2% in 2026, 5.8% in 2027, and 5.4% in 2028. The 5-year compound annual growth rate (CAGR) is expected to be approximately 6.2%.
Future trends to observe include:
- The impact of technological advancements on production efficiency and product features.
- Changes in consumer preferences towards more energy-efficient or smart appliances.
- Potential effects of economic and regulatory changes in Europe, particularly in relation to sustainability initiatives.