Based on the 2023 data, France leads the European glass and glass products market with a turnover share of 24.99 million euros, reflecting a strong year-on-year growth of 14.34%. Germany follows with 19.84 million euros, showing modest growth at 0.34%. Italy ranks third with 9.82 million euros but experienced a slight decline of 0.37%. Some notable yearly increases include Bulgaria (17.28%), Serbia (19.16%), and Lithuania (8.28%). Finland faced the steepest decline with a drop of 10.33%. The consistent performers over the last five years reveal a CAGR reflecting incremental annual changes.
Future trends to watch include the recovery and growth in markets that saw declines in 2023, like Italy and Finland. Emerging markets such as Bulgaria and Serbia show potential for rapid growth. Innovation in sustainable and smart glass products may drive turnover, especially in more technologically advanced markets like Germany and France. The sector is predicted to see varying growth patterns influenced by economic stability, investment in R&D, and international trade policies.
Top countries in Glass and Glass Products Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.99 | 2023 | +15.24% | +14.34% | View data |
| 2 | 2 Germany | 19.84 | 2023 | +1.15% | +0.34% | View data |
| 3 | 3 Italy | 9.82 | 2023 | -0.042% | -0.37% | View data |
| 4 | 4 Belgium | 7.07 | 2023 | +12.09% | +7.27% | View data |
| 5 | 5 Poland | 6.69 | 2023 | +3.24% | +3.61% | View data |
| 6 | 6 Spain | 5.57 | 2023 | -0.083% | -0.22% | View data |
| 7 | 7 United Kingdom | 5.36 | 2023 | -1.18% | +0.29% | View data |
| 8 | 8 Czech Republic | 2.95 | 2023 | +0.94% | -0.035% | View data |
| 9 | 9 Austria | 2.56 | 2023 | +3.9% | +0.46% | View data |
| 10 | 10 Netherlands | 1.95 | 2023 | +0.63% | +3.04% | View data |
