The turnover in the Glass and Glass Products sector in Turkey has shown steady growth from 2013 through 2023, reaching 32.8 Billion New Turkish Liras by 2023. The sector's Compound Annual Growth Rate (CAGR) over the last five years has been 14.86%, sustaining an average annual growth rate indicative of strong performance. Interestingly, year-on-year growth has been in double digits, peaking at 18.21% in 2020 before starting a moderate decline towards 11.25% in 2023.

For the forecasted period from 2024 to 2028, the sector is expected to grow at a CAGR of 6.27%, achieving a 35.55% growth rate over these five years. This indicates a slower but stable growth compared to the historical data from the previous decade.

Future trends to watch for:

Potential impacts of global economic conditions on the Turkish glass industry.
Technological advances in glass production and recycling processes.
Shifts in export-import dynamics due to geopolitical changes.
Sustainability, environmentally friendly practices, and increased energy efficiency in manufacturing processes.