The Italian packaging technology sector is set to close 2024 with outstanding results, according to the preliminary figures compiled by the Mecs - Ucima Research Centre.

Preliminary figures indicate a total turnover of €9.5 billion, marking a 3.5% increase compared to 2023. This achievement represents the fourth consecutive record year, reaffirming the sector's strategic importance to the national industry.

“The technological excellence of our companies has continued to drive our success through 2024, a challenging 12 months in which the sector has once again demonstrated its resilience,” commented Riccardo Cavanna, Chairman of Ucima (Italian Packaging Machinery Manufacturers' Association)

Riccardo Cavanna, Chairman of Ucima.

Exports

Exports continue to drive the industry’s growth, reaching €7.5 billion, an increase of 3.8% over the previous year and representing approximately 80% of total turnover.

The strongest performances were seen in key markets such as Africa and Oceania (+10.3%), Asia (+3.3%) and the European Union (+6.1%). Strong growth was also recorded in individual countries, notably Mexico (+18.8%) and Spain (+11.1%).

Although smaller, the domestic Italian market ended the year on a positive note with sales of €2 billion, up 2.5%.

Outlook for 2025

With 7.6 months of production already secured for the coming year, the sector is looking to the future with confidence, while remaining well aware of the geopolitical and regulatory challenges ahead.

Cavanna pointed out that the government's plan to restrict Industry 4.0 incentives in 2025 may also act as a challenge for next year.

The forecasts for 2025 predict further growth, with revenues projected to reach €9.6 billion, solidifying Italy's position as a global leader in the industry.

“Looking ahead, the forecasts for next year are positive and we expect to maintain the strong results achieved this year,” said Cavanna.