In 2024, Germany continues to dominate the European rubber and plastic products manufacturing sector with a substantial share of 25.07 million Euros, but its year-on-year growth is modest at 1.34%. Italy and Poland follow as significant players with 14.7 million Euros and 8.09 million Euros, respectively, and notable growth rates of 3.31% and 4.67%. France and the United Kingdom, although key contributors, exhibit slower growth rates at -0.13% and 0.35%. Noteworthy are the Netherlands, Romania, and Bulgaria which show impressive year-on-year growth rates of 6.36%, 9.39%, and 9.43%, respectively, indicating a shift in the manufacturing landscape.
Other countries that demonstrate substantial growth include Ireland (10.81%), Croatia (12.02%), and Bosnia and Herzegovina (13.16%). Smaller markets, such as Estonia, Latvia, and Lithuania, also reflect positive trends with 6.94%, 7.35%, and 5.78% growth, respectively. This suggests broader growth potential beyond traditional industrial powers.
Future trends to watch include the continuing expansion of Eastern European countries and smaller markets, which are currently on a high growth trajectory. The increasing demand for sustainable and innovative rubber and plastic products will likely drive technological advancements and competitive dynamics across Europe, offering new opportunities for both established and emerging players.
Top countries in Rubber and Plastic Products Manufacturing Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.07 | 2023 | +1.8% | +1.34% | View data |
| 2 | 2 Italy | 14.7 | 2023 | +2.07% | +3.31% | View data |
| 3 | 3 France | 8.23 | 2023 | +3.24% | -0.13% | View data |
| 4 | 4 Poland | 8.09 | 2023 | +4.77% | +4.67% | View data |
| 5 | 5 United Kingdom | 7.49 | 2023 | +0.36% | +0.35% | View data |
| 6 | 6 Spain | 6.02 | 2023 | +4.35% | +1.06% | View data |
| 7 | 7 Czech Republic | 3.93 | 2023 | +2.73% | +4.65% | View data |
| 8 | 8 Netherlands | 3.48 | 2023 | +4.03% | +6.36% | View data |
| 9 | 9 Belgium | 2.68 | 2023 | +2.23% | +3.52% | View data |
| 10 | 10 Switzerland | 2.41 | 2023 | +1.24% | +5.13% | View data |