In 2023, the number of enterprises in plumbing, heat, and air conditioning installation in Italy stood at 59.6 thousand. The forecasts from 2024 to 2028 indicate a gradual decline, with the number dropping from 59.0 thousand in 2024 to 56.58 thousand in 2028. This period exhibits an average annual decrease, demonstrated by a five-year CAGR. This consistent downturn reflects industry consolidation or market saturation.
Future trends to watch for include:
- Technological advancements potentially leading to more efficient, yet fewer, enterprises.
- Environmental regulations demanding industry adjustments.
- Impact of economic policies and funding on market dynamics.