In 2023, the sold production of plastic plates, sheets, tubes and profiles in Germany stood at approximately 21.06 billion euros. Forecasted data from 2024 onward shows a steady upward trend with annual growth rates: 2024 to 2025 at 1.7%, 2025 to 2026 at 1.7%, 2026 to 2027 at 1.6%, and 2027 to 2028 at 1.6%. This consistent growth results in a compound annual growth rate (CAGR) of about 1.6% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Increased emphasis on sustainable and recyclable plastics production.
- Advancements in technology that may improve production efficiency.
- Regulatory changes within the EU affecting materials and processes.
- Potential impacts of economic shifts on the demand for plastic products.
