Italy leads the European market in sold production of light metal packaging with a value of 20.02 million euros, followed closely by Germany at 18.05 million euros, and Spain at 17.63 million euros. The United Kingdom and France round up the top five with 10.58 and 10.08 million euros, respectively. Emerging markets like Poland, Denmark, and the Netherlands show moderate values, while smaller markets include Czechia, Finland, and Sweden among others.
Year-on-year variations indicate growth in Italy (+3.82%), Spain (+1.37%), Poland (+1.8%), Denmark (+3.49%), and Hungary (+3.13%). Significant declines occurred in France (-11.93%), Greece (-21.11%), Belgium (-17.55%), and Romania (-13.69%). Several smaller markets like Bulgaria (+5.78%), Estonia (+7.43%), and Serbia (+8.21%) have also shown noticeable growth.
Future trends to watch include continued growth in emerging markets and potential consolidation in larger markets. Key factors will include sustainability initiatives, technological advancements in manufacturing, and shifts in consumer preferences towards eco-friendly packaging options. Companies need to stay agile and innovative to capitalize on these opportunities.
Top countries in Sold Production of Light Metal Packaging Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.02 | 2023 | +0.85% | +3.82% | View data |
| 2 | 2 Germany | 18.05 | 2023 | +5.52% | -0.13% | View data |
| 3 | 3 Spain | 17.63 | 2023 | +1.77% | +1.37% | View data |
| 4 | 4 United Kingdom | 10.58 | 2023 | -1.14% | -2.09% | View data |
| 5 | 5 France | 10.08 | 2023 | -11.46% | -11.93% | View data |
| 6 | 6 Poland | 7.6 | 2023 | +2.49% | +1.8% | View data |
| 7 | 7 Netherlands | 3.42 | 2023 | +6.95% | -2.88% | View data |
| 8 | 8 Denmark | 3.41 | 2023 | +1.87% | +3.49% | View data |
| 9 | 9 Hungary | 2.02 | 2023 | +2.97% | +3.13% | View data |
| 10 | 10 Czechia | 1.93 | 2023 |