Expansion of Global Glass Mirror Industry is Forecast to Reach 5.1% P.A.

Date: 2015-08-12

“The expansion of the global glass mirror industry is forecast to reach 5.1% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 9.7%. Currently, vehicle rear-view mirrors account for 50.4% of the global demand while the remaining market share is divided between framed glass mirrors (31.2%) and unframed glass mirrors (18.4%).

China, Germany, Turkey, the United States and Vietnam represent the largest glass mirror markets while the strongest annual growth is forecast to occur in Morocco (14.6%), United States (11.1%), Bolivia (10.8%), Yemen (10.7%) and Cambodia (10.0%).”

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