In 2023, the value stood at 68.6. The forecasted data from 2024 to 2028 indicates a slight declining trend for the value, decreasing marginally each year. The year-on-year variation shows a minimal contraction, demonstrating a stable but slightly decreasing market presence. The compound annual growth rate (CAGR) over the next five years is negative, indicating a steady, albeit slow, decline in value.

Future trends to watch for include:

Potential market stabilizers or disruptors that may halt the declining trend.
External economic factors that could influence market dynamics significantly.
Innovations or policy changes that could rejuvenate growth or further exacerbate the decline.