In 2023, Germany led the European plastic and rubber machinery market with a commanding 50.03 million Euros, experiencing a 2.46% increase. Italy and Austria followed, holding significant shares of 14.56 and 13.94 million Euros respectively. Notably, France increased by 4.1%, while Romania showed the highest growth at 11.5%. Conversely, Finland and Slovakia faced declines with -10.03% and -4.87% respectively. Over five years, European average growth remained steady amidst individual country fluctuations.
Future trends to watch include:
- Advancements in automation and smart machinery integration.
- Germany's potential to maintain dominance or other countries rising with emerging technologies.
- Impact of sustainability practices and regulations on production and sales.
Top countries in Plastic and Rubber Machinery Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.03 | 2023 | +5.99% | +2.46% | View data |
| 2 | 2 Italy | 14.56 | 2023 | +1.84% | -1.47% | View data |
| 3 | 3 Austria | 13.94 | 2023 | +6.83% | +2.47% | View data |
| 4 | 4 France | 13.12 | 2023 | +4.41% | +4.1% | View data |
| 5 | 5 Sweden | 1.57 | 2023 | +6.01% | +5.98% | View data |
| 6 | 6 Czech Republic | 1.31 | 2023 | +3.47% | +1.81% | View data |
| 7 | 7 Spain | 1.12 | 2023 | +0.19% | +1.48% | View data |
| 8 | 8 Poland | 0.79 | 2023 | +5.31% | +3.33% | View data |
| 9 | 9 Slovakia | 0.48 | 2023 | +7.95% | -4.87% | View data |
| 10 | 10 Hungary | 0.33 | 2023 | +6.72% | +2.33% | View data |
