The production value of doors and metal windows in Italy has shown considerable fluctuation over the last decade. Starting from 7.31 billion euros in 2013, the value witnessed a general downward trend, despite brief periods of growth. By 2023, it stood at 5.73 billion euros. The most significant annual declines occurred in 2014 and between 2019 and 2023, with year-on-year drops of -8.89% and approximately -3.6% respectively. Over the last five years, the compound annual growth rate (CAGR) was -4.9%, reflecting a persistent decline.
Looking forward, the forecasted CAGR from 2024 to 2028 is -3.03%, predicting a downward trajectory with an estimated production value of 4.73 billion euros by 2028. This indicates a forecasted 14.25% reduction over the next five years.
Future trends to watch for:
- Market shifts due to evolving construction technologies and materials, potentially impacting metal window and door demand.
- Impact of sustainable and eco-friendly building practices on production choices and value.
- Economic policies in Italy and the broader EU affecting the manufacturing and construction sectors.
- Technological advancements and automation in manufacturing processes improving efficiency but potentially reducing the production value due to cost cuts.
