B2B drives market demand, with B2B spending representing 88.4% of total demand in 2023. SGS Italia SpA is the largest company in Italy, generating 1.5% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 3.9% of total production value in 2023. The total number of companies increases in 2023, to 18,250 units. The costs of the industry increase by 25.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 19.4% of turnover in 2023, the 15th highest regionally. With turnover of USD7.5 billion, Italy accounts for 11.7% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Technical Testing and Analysis in Italy: ISIC 7422. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical Testing and Analysis in Italy: ISIC 7422 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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