The glass and glass products sector in Switzerland is projected to experience a gradual decline in production from 2024 to 2028, starting at 1.15 billion Swiss Francs in 2024 and decreasing to 1.10 billion Swiss Francs by 2028. Compared to 2023, this showcases a consistent year-on-year decline. Specifically, between 2024 and 2025, the production value decreases by 0.87%, then it slows down with smaller reductions of 1.75% in subsequent years, ultimately achieving a Compound Annual Growth Rate (CAGR) of -0.88% over the five-year period.
Future trends to watch include technological innovations in glass production, potential shifts toward more sustainable and energy-efficient practices, as well as fluctuating demand in key industries such as construction and automotive that heavily influence glass production. Monitoring these factors will be critical for anticipating shifts in the market.