The flat glass production value in Finland exhibited significant fluctuations from 2013 to 2023. In 2013, the market stood at 4.4 million Euros but experienced a substantial decline over the next few years, bottoming out in 2015 at 2.5 million Euros. A notable recovery ensued from 2017, with production values surging dramatically, especially in 2018 at 23.4 million Euros, continuing to a peak of 28.0 million Euros in 2023. The year-on-year growth over the last two years averaged around 5.2%, while the five-year CAGR stands at 3.65%. The forecasted data suggests a steady growth trajectory, reaching an estimated 35.0 million Euros by 2028, supported by a forecasted 5-year CAGR of 3.5%.
Future trends to watch for:
- Technological advancements in flat glass manufacturing processes.
- Increased demand in sustainable and energy-efficient glass solutions.
- Economic factors influencing construction and automotive markets.
- Fluctuations in raw material prices and ecological regulations.