In 2023, the Flat Glass Gross Value Added per Employee FTE in Germany was estimated to be slightly above 83.3 thousand euros. The forecast for 2024 to 2028 indicates a slight but steady decline, from 83.3 in 2024 to 83.1 in 2028. This represents negligible year-on-year percentage decreases, suggesting industry stagnation with variations ranging within minimal percentage points. Over the period 2024-2028, a Compound Annual Growth Rate (CAGR) of close to zero is expected, reflecting a stable yet stagnant industry.
Future trends to watch include:
- The impact of technological advancements on productivity, potentially offsetting the forecasted stagnation.
- Market demand fluctuations driven by global economic conditions.
- Environmental regulations and their effects on production efficiency and costs.