In 2023, Japan imported 26 million kilograms of webs, mattresses, and other nonwoven fibreglass products. The forecast from 2024 to 2028 shows a steady increase in the import volumes, reaching 32.681 million kilograms by 2028. Year-on-year, the growth in imports is consistent, with percentage increases around 5% each year. The compound annual growth rate (CAGR) over this five-year period is approximately 4.4%.
Future trends to watch for include:
- Potential impacts of new trade agreements on import dynamics.
- Technological advancements in production that could alter supply chains.
- Growing demand for sustainable and lightweight building materials influencing the market.