26-27 September 2018 | MiCo | Milano Congressi | Italy

2nd Exhibition for Fastener & Fixing Technology

The Fasteners Market in Italy

The overview

The overview

Italy’s manufacturing sector is the second largest in the eurozone after Germany and sixth in the world, based on measurements of Manufacturing Value Added. It is the world’s eighth largest exporter, with EU countries accounting for nearly two-thirds of its trade.

Machinery & electrical equipment and semi-finished products account for more than half of manufacturing revenues, with other consumer goods, transport equipment and high-tech products also significant.

The value of Made in Italy-branded products has seen significant growth to US$205 billion.

Manufacturing in Italy is expected to receive a boost from the Industrial National Plan 4.0 for 2017-20 unveiled in 2016 by the Ministry of Economic Development. This foresees transforming the sector by merging digital technology and conventional industry, promoting private investment through government incentives and stimulating research & development.

Factors defining Italy’s fasteners market

  • Analysts forecast annual growth rates in the global fasteners market of up to 6% by 2020, to reach a total varying between €77 billion and €91 billion. In 2015 the global market was worth around €65.7 billion, while that in Europe was valued at some €14.8 billion.
  • Demand for fasteners in Italy in 2015 was 11.6% of the total for Europe, making it the continent’s third largest market after Germany and France.*
  • Automotive, aerospace, manufacturing industry and construction are the leading market drivers worldwide.
  • European imports of fasteners were valued at €11.5 billion in 2014; 63% were from within Europe, with Italy one of the six leading importing countries. Taiwan is the largest supplier from outside Europe. Growth of up to 2% is expected over the next few years.
  • Following steady growth since 2010, the value of European fastener exports in 2014 reached €11 billion, with Italy in second position after Germany with 13% of output.
  • Fastener exports from Europe to developing economies are expected to grow from 18% to 20% over the next few years; Italy ranks third within Europe in this segment.
  • Around one quarter of fastener manufacturing globally is undertaken in Europe in a sector valued at €10 billion in 2013; Italy accounts for around 20% of this, ranking it the second largest producer.
  • Principal markets in Italy for fasteners include machinery, automotive, aerospace, other transport, domestic goods and appliances and construction.

 

*Sources: CBI Market Intelligence and The Freedonia Group

Latest news

 

  • We were pleased to meet all our customers and visitors and to spend time together offering fixing solutions for different industries including automotive, construction, or renewable energy. It was greatly successful with a huge number of visitors.
    Federico Donatelli
    BRALO
  • Our presence at the fair has definitely been positive, we met businessmen from all over the world and the fact that there was strong Italian presence – both among exhibitors and among visitors – demonstrated that the market is in good health.
    Marco Pizzi
    Carlo Salvi SpA
  • In our opinion this Fastener Fair Italy's first edition went well beyond our expectations in terms of attendance rate and quality of visitors.
    Roberto Casagranda
    Defremm SpA
  • We really needed a show like this in Italy. Great attendance, even from foreign visitors.
    Davide Dell’Oro
    Expometals.net
  • The show was a great success for Fastbolt. As well as meeting already existing international customers, we also made many new contacts linked to distributors from various European countries. Once again, our focus at the show was on illustrating the large range of services that Fastbolt offers to traders in Europe, and primarily on the digitisation of our business. Bearing in mind that this fair was organised for the first time, the positive result is all the more impressive. It seems that Fastener Fair in Milan has already become an established and significant event in the European calendar of fasteners!
    Ekkehard Beermann
    Fastbolt Schraubengroßhandels GmbH

 

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