In 2023, the European woven fabrics of glass fibre market was valued highest in France with 361.09 million euros. Italy, Germany, and Spain followed with values of 166.04 million euros, 161.86 million euros, and 161.21 million euros, respectively. Poland was the smallest at 101.96 million euros. Year-on-year growth showed France at a modest 0.84%, Italy and Poland with robust increases of 2.09% and 2.1%, while Germany declined by 2.85%. Spain recorded the highest growth at 2.79%.
Looking ahead, future trends to watch include advancements in technology and increasing demand in automotive and construction industries. Sustainability initiatives may drive innovation for eco-friendly glass fibres, influencing market dynamics significantly.
Top countries in Woven Fabrics of Glass Fibre Market Size Value by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 361,090,000 | 2023 | +0.4% | +0.84% | View data |
| 2 | 2 Italy | 166,040,000 | 2023 | +6.46% | +2.09% | View data |
| 3 | 3 Germany | 161,860,000 | 2023 | -2.76% | -2.85% | View data |
| 4 | 4 Spain | 161,210,000 | 2023 | +3.02% | +2.79% | View data |
| 5 | 5 Poland | 101,960,000 | 2023 | +2.32% | +2.1% | View data |