In 2023, the sold production of elastomeric filament yarn in Italy was valued at 143.25 million Euros. Forecast data suggest a significant upward trend, starting with 182.23 million Euros in 2024 and reaching 334.02 million Euros by 2028. The year-on-year growth rate indicates robust expansion: 21.13% from 2024 to 2025, 17.28% from 2025 to 2026, 14.58% from 2026 to 2027, and 12.59% from 2027 to 2028. The compound annual growth rate (CAGR) for 2024 to 2028 is approximately 15.85%.
The future trends to watch for include:
- Innovation in yarn technology, enhancing elasticity and durability.
- Growing demand for athleisure and stretchable garments.
- Environmental sustainability trends encouraging the use of eco-friendly elastomers.