In 2023, European production of sacks and bags of polymers of ethylene saw Italy leading with a 19.7% share, followed by Spain (14.93%), and Germany (13.45%). These top three countries combined represent nearly 48% of the market. Year-on-year growth indicates Italy's share increased by 6.76%, while the United Kingdom saw a significant decline of 28.23%. Other notable movements include a rise in Bosnia and Herzegovina (7.33%) and Serbia (7.28%). Conversely, Estonia and Montenegro experienced downturns of 10.06% and 21.93%, respectively.
Future trends to consider include the potential impact of sustainability initiatives and regulations on production capabilities and market shares. Countries focusing on innovative, eco-friendly materials may gain competitive advantages. Additionally, geopolitical factors and economic conditions could influence production distribution across Europe.
Top countries in Sold Production of Sacks and Bags of Polymers of Ethylene Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19.7 | 2023 | +1.06% | +6.76% | View data |
| 2 | 2 Spain | 14.93 | 2023 | +2.01% | +2.55% | View data |
| 3 | 3 Germany | 13.45 | 2023 | +0.66% | -1.82% | View data |
| 4 | 4 Poland | 12.54 | 2023 | +3.23% | +3.44% | View data |
| 5 | 5 France | 11.59 | 2023 | +0.26% | -0.4% | View data |
| 6 | 6 Lithuania | 4.09 | 2023 | +3.41% | +3.55% | View data |
| 7 | 7 Bulgaria | 3.1 | 2023 | +3.58% | +2.57% | View data |
| 8 | 8 Greece | 2.42 | 2023 | +2.55% | +3.43% | View data |
| 9 | 9 Portugal | 2.13 | 2023 | +1.39% | +0.61% | View data |
| 10 | 10 Hungary | 1.93 | 2023 | +1.26% | +1.45% | View data |