In 2023, the sold production of woven fabrics of glass fibre in Poland stood at 20 million euros. As we move into 2024, the forecast suggests this will increase to 20.73 million euros, marking a modest growth of 3.65% from the previous year. For 2025, the value is expected to reach 21.48 million euros, representing a year-on-year increase of 3.62%. By 2026, this figure is forecasted to grow to 22.216 million euros, with a similar annual growth rate of 3.43%. In 2027, the production value is predicted to rise to 22.936 million euros, showing a year-on-year growth of 3.24%. Finally, in 2028, the sold production is expected to reach 23.642 million euros, representing a 3.08% increase from 2027. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 3.40%.
Future trends to watch for:
- Technological advancements in the production of glass fibre fabrics that could improve efficiency and reduce costs.
- Potential market expansion driven by increased demand in related industries such as automotive, construction, and renewable energy.
- Economic factors, such as trade policies and raw material prices, which could impact production costs and market dynamics.
