The European sold production of plastic packing goods is led by Italy, which has a significant share of 24.92%, followed by Germany (10.55%), Belgium (10.43%), and the United Kingdom (10.35%). Italy exhibited a strong year-on-year growth of 12.46% in 2023. Meanwhile, Germany and Belgium experienced minor yet positive growth of 0.43% and 13.54%, respectively. The UK also saw an increase of 7.22% in the same period. Notable declines were observed in France (-3.33%), Denmark (-18.56%), and Austria (-8.8%). Exceptional growth was recorded for Bosnia and Herzegovina at 27.05%, and Norway at 20.06%.
Looking towards the future, some trends to watch include:
- Increased production capacity and investment in Italy to maintain its leading position.
- Potential stabilization or moderate growth in Germany and the UK, reflecting their incremental year-on-year changes.
- Continued growth in smaller markets like Bosnia and Herzegovina and Norway, driven by recent strong performance.
- The potential struggle for countries with negative growth, such as Denmark and Austria, to regain market share.
Top countries in Sold Production of Plastic Packing Goods Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.92 | 2023 | +2.69% | +12.46% | View data |
| 2 | 2 Germany | 10.55 | 2023 | +1.07% | +0.43% | View data |
| 3 | 3 Belgium | 10.43 | 2023 | +20.14% | +13.54% | View data |
| 4 | 4 United Kingdom | 10.35 | 2023 | +0.9% | +7.22% | View data |
| 5 | 5 Spain | 8.55 | 2023 | +2.64% | +3.94% | View data |
| 6 | 6 Poland | 8.4 | 2023 | +3.43% | +3.08% | View data |
| 7 | 7 France | 5.62 | 2023 | +1.9% | -3.33% | View data |
| 8 | 8 Netherlands | 3.83 | 2023 | +3.12% | -2.99% | View data |
| 9 | 9 Czechia | 1.83 | 2023 | |||
| 10 | 10 Hungary | 1.48 | 2023 | +1.02% | +0.48% | View data |
