The market size per capita for glues based on starches or modified starches in Austria decreased from 0.87 USD in 2013 to 0.77 USD in 2023, reflecting a declining trend over the decade.
Significant year-on-year percentage changes occurred between 2013 to 2023, with a notable decrease of 2.53% in 2023 compared to 2022, and an average annual decrease (CAGR) of 1.20% over the last five years.
Future trends to watch for:
- Sustainability Concerns: Increasing demand for eco-friendly products might drive growth.
- Technological Advancements: Innovations in starch modification could improve the product's appeal.
- Regulatory Environment: Changes in safety standards and regulations could impact the market.
