The number of enterprises in the ornamental, building stone, limestone, gypsum, chalk, and slate quarrying industry in Italy is expected to decline from 695 in 2024 to 575 in 2028. This indicates consistent year-on-year decreases of approximately 4.3% from 2024 to 2025, 4.5% from 2025 to 2026, 4.7% from 2026 to 2027, and 5.0% from 2027 to 2028. The compound annual growth rate (CAGR) reflects an average annual decrease of about 4.6% over this period.
Future trends to watch:
- The potential impact of increasing regulatory policies on quarrying practices and their effect on operational enterprises.
- Technological advancements that might improve operational efficiencies, potentially stabilizing or altering the downward trend in enterprise numbers.
- Market demand shifts for natural stone materials in construction and their impact on the industry’s structure and enterprise numbers.
