In 2023, the volume of re-imported laminated safety glass for vehicles, aircraft, spacecraft, or vessels to China stood at 13.29 thousand kilograms. The forecast indicates a steady downward trend from 2024, with volumes decreasing year-on-year to reach 6.36 thousand kilograms by 2028. Specifically, the decline is characterized by a 12% reduction in 2024, 11.95% in 2025, 13.17% in 2026, and 14.93% in 2027. The compound annual growth rate (CAGR) over the forecast period is estimated to be -12.73%.
Future trends to watch for:
- Technological advancements in safety glass manufacturing impacting imports.
- China's focus on local production to reduce dependency on imports.
- Global trade agreements and regulations affecting market dynamics.
