In 2023, the sold production of open glass envelopes and glass parts for electric lamps and cathode-ray tubes in the UK was 112.5 thousand kilograms. Forecasts indicate a steady upward trend from 2024 to 2028. Year-on-year growth is expected to remain positive, with an average annual increase of around 2.5%. The compound annual growth rate (CAGR) over these five years is projected to be approximately 2.5%, highlighting sustained demand for these components.
Future trends to watch for include:
- The impact of technological advancements on production efficiency.
- Shifts in demand due to changes in lighting technology, such as the move towards LED and energy-efficient solutions.
- Global economic factors influencing export potential and competition.