The glass and glass products market in Switzerland is forecast to see a steady increase in turnover from €1.16 billion in 2024 to €1.19 billion by 2028. This represents a year-on-year variation range of approximately 0.85% to 1.72% for each year within the forecast period. The turnover stood at €1.16 billion in 2023, marking the stability at the onset of the forecast period. Over the last two years, the market has experienced slight yet consistent growth, indicative of a gradual confidence recovery post any economic disruptions.
The cumulative average growth rate (CAGR) over the projected five-year period (2024-2028) equates to approximately 0.64% annually. Future trends to watch for include advancements in glass manufacturing technologies, sustainable practices fostering eco-friendly solutions, and an increasing demand from architectural and automotive industries, which may all contribute to further market expansion.
