The European sold production of woven fabrics of glass fibre in 2023 showcases France leading significantly with 320.31 million euros, followed by Germany at 116.82 million euros and Italy at 101.32 million euros. Other notable producers include Belgium, the United Kingdom, and Spain. Year-on-year variations indicate growth in most countries, notably Belgium (9.11%) and the Netherlands (7.07%), whereas the UK experienced a slight decline of -1.25%. The Compound Annual Growth Rate (CAGR) over the last five years shows a steady increase, especially in Belgium and the Netherlands.
Future trends to watch for:
- Technological advancements in manufacturing that could boost efficiency and production quality.
- Increasing demand in industries such as automotive and construction driving further market expansion.
- Potential market shifts due to regulatory changes related to environmental sustainability.
- Emergence of new players or increased capacity in existing ones, altering the competitive landscape.
Top countries in Sold Production of Woven Fabrics of Glass Fibre by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 320,310,000 | 2023 | +8.97% | +1.76% | View data |
| 2 | 2 Germany | 116,820,000 | 2023 | -1.22% | +0.43% | View data |
| 3 | 3 Italy | 101,320,000 | 2023 | +1.05% | +2.56% | View data |
| 4 | 4 Belgium | 98,138,000 | 2023 | +6.45% | +9.11% | View data |
| 5 | 5 United Kingdom | 73,346,000 | 2023 | -1.83% | -1.25% | View data |
| 6 | 6 Spain | 73,325,000 | 2023 | +7.68% | +0.3% | View data |
| 7 | 7 Netherlands | 20,697,000 | 2023 | +25.25% | +7.07% | View data |
| 8 | 8 Poland | 19,955,000 | 2023 | +3.67% | +3.61% | View data |
| 9 | 9 Austria | 18,499,000 | 2021 | +15.86% | View data | |
| 10 | 10 Croatia | 17,600,000 | 2023 | +2.97% | +4.6% | View data |
