Analyzing the turnover of glass and glass products in France from 2013 to 2023 reveals significant fluctuations. The turnover peaked in 2013 at 465.2 million euros but demonstrated a downward trend to 248.3 million euros by 2023. Major declines were noted in 2014 (-14.04%) and 2017 (-23.15%). Minor growths were observed in 2015 (7.75%) and 2019 (4.73%). The year-on-year variation for 2023 was -2.17%, and the Compound Annual Growth Rate (CAGR) over the last 5 years was -2.53%.
The forecasted data from 2024 through 2028 suggests a continued decline, with a projected turnover decrease to 181.7 million euros by 2028. The forecasted 5-year CAGR is -5%, indicating a stark contraction phase.
Future trends to watch for include increasing demand for sustainable and eco-friendly glass products, innovations in glass technology, and potential impacts from economic shifts and environmental regulations. Monitoring these factors will be crucial to understanding and mitigating the industry's projected decline.
