Forecast: Turnover in Glass and Glass Products Sector in Finland

From 2013 to 2023, the turnover in Finland’s Glass and Glass Products sector demonstrated significant volatility. The turnover reached a high of 756.6 million euros in 2015, followed by a notable decline to 383.4 million euros in 2023. Over the last two years, the sector experienced a contraction with year-on-year declines of 6.55% in 2022 and 6.94% in 2023. Evaluating the period from 2023-2028, the forecast indicates an average annual decrease of 7.19%, with the projected turnover in 2028 further declining to 244.4 million euros, representing a 31.15% decrease over five years.

Future trends to watch for include:

  • Technological innovation in glass manufacturing.
  • Increasing demand for sustainable and recyclable materials.
  • Potential market consolidation and strategic partnerships to drive efficiencies.
  • Changing global trade dynamics impacting imports and exports.
  • Fluctuations in construction and automotive industries affecting demand for glass products.

Top Countries about Container Glass