Based on the forecasted data, the import of safety glass to the Philippines is expected to grow steadily from 2024 to 2028. The import value in 2024 is projected at USD 34.67 million, rising to USD 38.226 million by 2028. Comparing with the actual import value in 2023, there is a clear upward trend in the import of safety glass.

The year-on-year variations show a gradual increase: around 2.65% from 2024 to 2025, 2.52% from 2025 to 2026, 2.41% from 2026 to 2027, and 2.31% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.47%.

Future trends to watch for:

Economic growth influencing infrastructure development and automotive industries.
Technological advancements in the production and application of safety glass.
Changes in import regulations and international trade policies impacting the import landscape.
Domestic production capabilities evolving to meet or offset import demands.