The import of safety glass to Malaysia stood at 180.53 million US dollars in 2023. From 2013 to 2023, the trend showed significant fluctuations with an overall rising trajectory. Notably, the year 2016 experienced the highest increase in value at 53.1% year-on-year. Post-2016, import values stabilized and witnessed moderate growth, with dips in certain years like 2017 and 2020. Over the last two years (2022 and 2023), the year-on-year variations were 4.44% and 4.17% respectively. The CAGR over the last five years stood at 5.92%. Future forecasts predict an average annual growth rate (CAGR) of 2.98% from 2024 to 2028, culminating in an overall growth rate of 15.81% by 2028.

Key future trends to watch for include:

Technological advancements in safety glass production and its impact on import volumes and values.
Influence of potential regulatory changes and trade agreements on import dynamics.
Shifts in demand due to evolving consumer preferences and rising construction and automotive industry requirements.