The forecast for the production of asbestos-cement and cellulose fibre-cement in Italy shows a steady decline from 2024 to 2028, beginning at 50.419 million Euros in 2024 and falling to 28.179 million Euros by 2028. Year-on-year decreases are approximately 11% from 2024 to 2025, 12.5% from 2025 to 2026, 14.1% from 2026 to 2027, and 16.3% from 2027 to 2028. The compounded annual growth rate (CAGR) over this five-year period is roughly -13.1%, indicating a continuous downward trend.
Future trends to watch for include:
- Shifts in regulations or market demand for alternative, more sustainable building materials.
- Potential advancements in technology reducing production costs or improving the appeal of fiber-cement products.
- Economic factors influencing construction and renovation activities in Italy and globally.