Based on the provided data, the forecasted turnover per employee in Belgium’s glass fibers industry shows a steady growth:
- 2024: €806.7K
- 2025: €835.1K (YoY +3.52%)
- 2026: €863.2K (YoY +3.36%)
- 2027: €891.0K (YoY +3.22%)
- 2028: €918.5K (YoY +3.09%)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.30%.
Future Trends to Watch
The glass fibers market in Belgium is expected to continue its growth driven by advancements in composite materials, increased demand from automotive and construction sectors, and technological innovations. Monitoring global supply chain dynamics and competitive pressures will be crucial for future projections.
