In 2023, the import of mats of glass fibers to Japan stood at an actual value of 34.616 million US dollars. The forecast from 2024 to 2028 shows a steady increase, with values projected to reach 37.052 million US dollars by 2028. This represents a consistent year-over-year growth between 1.4% to 1.6%. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 1.6%, indicating a stable upward trend.
Future trends to watch for include potential shifts in global supply chains, developments in domestic industrial demand, and advancements in technology that may influence both the consumption and sourcing of glass fiber products in Japan.
