The future projections are also included in the report to provide an insight of future prospects for the Germany glass industry.
The future of Germany glass industry is expected to be favorable as the use of glass as a specialized material in various industries has gained continuous momentum. Changing needs and advanced technology has opened doors for alternate usage of glass and not just for decorative and storage purpose. The improving economy of Germany and other European countries has led to increase in the demand for glass from various related industries. The revenue generated by the glass industry of Germany is projected to be USD 12.4 billion in 2014 which is expected to further increase to USD ~ billion in 2015 witnessing a growth rate of ~%. The CAGR from the year 2013-2018 is projected to be 4.3%, recording total revenue of USD ~ billion by 2018.
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