In 2023, Germany imported webs, mattresses, and other nonwoven fiberglass products valued at approximately 179 million USD. Forecasts indicate a consistent upward trend from 2024 to 2028, starting at 184.3 million USD in 2024 and reaching 202.32 million USD by 2028. This reveals a steady year-on-year growth, reflecting an average annual growth rate (CAGR) of approximately 2.5% over these five years.
Future trends to watch include:
- Potential impact of environmental regulations on materials and import costs.
- Technological advancements in fiberglass product manufacturing that may affect import levels.
- Changes in construction and automotive sectors, major consumers of fiberglass products.
- Market shifts due to economic changes in Europe and global trade policies.