The turnover for glass and glass products in France has shown significant variation over the past decade. From 2013 to 2023, the market witnessed an overall increase, despite some fluctuations. In 2023, the turnover stood at 16.27 Billion Euros. Notably, the market saw a substantial surge of 44.9% in 2019, and a growth rate of 15.24% in 2023. The 5-year Compound Annual Growth Rate (CAGR) leading up to 2023 was 14.34%, indicating robust growth.
Forecasts from 2024 to 2028 suggest a more moderate yet steady growth, with a projected 5-year CAGR of 6.62% and an overall increase of 37.75%. This indicates continued expansion but at a slower pace compared to the recent past.
Future trends to watch for include:
- Technological advancements in glass manufacturing
- Growing demand for sustainable and energy-efficient products
- Potential impacts of economic conditions and policy changes on industry growth
