Italian compostables market experiences rapid growth

//Italian compostables market experiences rapid growth

Italian compostables market experiences rapid growth

The Italian association for bioplastics, Assobioplastiche, has revealed the latest market date for the Italian compostables markets, outlining impressive growth in the past few years.

More than 110,000 tonnes of compostable materials were produced in 2019, compared to 39,250 tonnes in 2012, while the number of companies involved in the value chain has increased from 143 in 2012 to 275 in 2019.

The number of employees has grown from 1,280 in 2012 to 2,645 between 2012 and 2019, while annual turnover now stands at €745 million.

You can read a full analysis of this data by BBIA MD David Newman here.

Slides from the presentation of the latest market figures are available here (in Italian).

By |2020-06-22T10:33:50+00:00June 22nd, 2020|Our news|Comments Off on Italian compostables market experiences rapid growth