The UK market for woven fabrics of glass fibre experienced significant fluctuations over the past decade. The market saw its highest volume in 2013 and 2014, with a peak of over 308 million kilograms, before undergoing a series of declines. Noteworthy drops occurred in 2015 (-12.79%) and 2020 (-20.51%), with a continued downward trend seen in recent years. By 2023, the market stood at a volume of 194.06 million kilograms, reflecting a 2.69% decrease from the previous year. Over the last five years, the market experienced an average annual decline (CAGR) of 1.32%. Future forecasts predict a steady decline, with an expected average annual drop of 2.47%, leading to an overall decrease of 11.74% by 2028.

Looking forward, it is important to monitor:

Technological advances in alternative materials that could impact market demand.
Changes in environmental regulations that could influence production processes and costs.
Economic factors and trade policies affecting the UK's manufacturing and construction sectors.