The import of glass fibres and glass wool to France is expected to grow steadily from 2024 to 2028. The value in 2024 is forecasted to be 713.26 million USD, increasing incrementally each year to reach 748.7 million USD by 2028. Looking back at 2023, the import value was 704.14 million USD, indicating a consistent upward trend.
The year-on-year variations from 2024 to 2028 show modest increases:
- 2024 to 2025: +1.28%
- 2025 to 2026: +1.24%
- 2026 to 2027: +1.20%
- 2027 to 2028: +1.16%
Over the longer period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) indicates an average annual increase of approximately 1.25%.
Future trends to watch for include advancements in glass fibre and glass wool technology which can accelerate the growth rate, shifts in demand due to changes in building standards and regulations, and potential economic fluctuations affecting purchasing power and import activities.
