In 2023, Italy led the European Beverage, Tobacco, and Food Machinery sector with 1.33 thousand enterprises, followed by Spain (0.601 thousand), and Germany (0.485 thousand). The industry witnessed mixed year-on-year changes: Italy and France saw declines of 2.96% and 2.26%, respectively, whereas Luxembourg experienced remarkable growth at 11.84%. Notably, Greece and Portugal also posted positive changes. The data indicates a stable to slightly declining industry trend for most major economies, except smaller markets like Luxembourg and Iceland, which saw significant upticks.
Future trends to watch include potential consolidation within established markets like Italy and Germany as enterprises strive to remain competitive, influenced by technological advancements and shifting regulatory environments. Smaller markets may continue to experience growth as barriers to entry decrease, fostering innovation and newer entrants into the sector.
Top countries in Beverage, Tobacco and Food Machinery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,330 | 2023 | -4.3% | -2.96% | View data |
| 2 | 2 Spain | 601 | 2023 | 0% | -0.56% | View data |
| 3 | 3 Germany | 485 | 2023 | -0.61% | -0.25% | View data |
| 4 | 4 United Kingdom | 423 | 2023 | -1.17% | -1.14% | View data |
| 5 | 5 Poland | 400 | 2023 | +0.25% | -0.25% | View data |
| 6 | 6 France | 314 | 2023 | -0.95% | -2.26% | View data |
| 7 | 7 Netherlands | 240 | 2023 | +1.27% | +1.12% | View data |
| 8 | 8 Hungary | 185 | 2023 | 0% | -1.15% | View data |
| 9 | 9 Greece | 130 | 2023 | +0.78% | +1.45% | View data |
| 10 | 10 Denmark | 129 | 2023 | 0% | 0% | View data |
