The market is dominated by foreign suppliers, as imports account for 53.0% of total market size in 2024. B2B drives market demand, with B2B spending representing 48.9% of total demand in 2024. Italy has the fourth largest market size for optical instruments and photographic equipment regionally, with demand reaching USD4.4 billion in 2024. Luxottica Group SpA is the largest company in Italy, generating 20.2% of the industry’s total production value in 2024. The industry is fragmented, with the top four companies generating 41.8% of total production value in 2024. The total number of companies decreases in 2024, to 2,823 units. The costs of the industry increase by 0.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 12.0% of production value in 2024, the 13th highest regionally. The industry’s exports share decreases in 2024 to 73.0% of total production output. With production value of USD6.8 billion, Italy accounts for 16.8% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Optical Instruments and Photographic Equipment in Italy: ISIC 332. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Optical Instruments and Photographic Equipment in Italy: ISIC 332 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in Italy report includes:
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Optical Instruments and Photographic Equipment in Italy: ISIC 332
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