In 2023, the production value of veneer sheets and wood-based panels in Italy stood at approximately 2.33 billion euros. The forecast for 2024 to 2028 indicates a gradual decline, with projected values starting at 2.24 billion euros in 2024, dropping to 2.1 billion euros by 2028. This reflects a year-on-year decrease ranging from 1.8% to 1.9%. The compound annual growth rate (CAGR) from 2023 to 2028 indicates an average annual decline of approximately 2%.
Future trends to watch for include potential impacts from advancements in sustainable materials, fluctuations in construction and furniture demand, and regulatory changes affecting production and trade. Keeping an eye on these factors could influence recovery or further decline in this sector.
