In 2023, the sold production of voiles, webs, mats, mattresses, boards, and other articles of glass fibres in Germany was approximately 684 million euros. Based on forecasted data, there is a stable year-on-year percentage growth, ranging from approximately 1.1% in 2024 to around 1.1% for subsequent years. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is estimated at about 1.2% annually.
Future trends to watch for include potential impacts of technological advancements on production efficiency and demand shifts due to environmental regulations encouraging sustainable materials. Additionally, macroeconomic conditions may influence market dynamics significantly.
