The sold production of woven fabrics of glass fibre in the Netherlands has exhibited significant fluctuations between 2013 and 2023. In 2023, the value stood at 20.697 million Euros. The market experienced marked volatility with notable year-on-year changes, such as a 77.4% increase in 2015 and a -64.38% decline in 2020. For 2022-2023, there was a positive trend with a 25.25% increase. The five-year CAGR up to 2023 was 7.07%, indicating moderate overall growth despite short-term variations.
Future projections forecast a steady increase in the market, with a five-year CAGR of 5.36% from 2024-2028 and a forecasted growth rate of 29.82%. The upward trend suggests resilience and potential expansion in the sector.
Future trends to watch for:
- Technological advancements in manufacturing processes.
- Increasing demand in key industries like construction and automotive.
- Potential impacts of regulations and sustainability requirements.
