The shaped and processed flat glass market in Germany presented considerable fluctuations from 2013 to 2023. In 2013, production was at 68.455 million square meters, reaching a peak of 71.575 in 2016 before decreasing to 62.923 in 2023. The most notable declines occurred in 2019 and 2021, with year-on-year drops of 4.67% and 9.13%, respectively. Despite this downturn, from 2022 to 2023, there was a modest rebound with a 1.49% increase. Over the past five years, the compound annual growth rate (CAGR) averaged -2.06%.
Future trends indicate a gradual recovery with a projected increase to 67.4 million square meters by 2028. The forecasted five-year CAGR stands at 1.09%, reflecting a period of stabilization and modest growth.
Future Trends to Watch For:
- Technological advancements in glass processing.
- Increased demand for energy-efficient and smart glass solutions.
- Potential impacts of regulatory changes and material availability.
