The European glass industry in 2023 showed significant variations: France leads with a substantial turnover increase of 14.34%, while Bulgaria and Serbia experienced remarkable year-on-year growth of 17.28% and 19.16%, respectively. Italy, Spain, Finland, and Norway faced declines. Germany, Belgium, and Lithuania exhibited modest yet positive changes. Switzerland, the Netherlands, and Austria also saw slight increases in turnover, reflecting stability in those markets. Conversely, Sweden, Portugal, and Denmark faced minimal contractions. The wider European market reveals resilience as major players like France and Germany maintain dominance, underscoring their central roles in the industry landscape.
Looking towards the future, key trends include increasing demand for sustainable glass products, spurred by environmental regulations and consumer preferences. Innovation in manufacturing could further enhance efficiency and reduce costs. Additionally, geopolitical developments and supply chain dynamics may impact the industry's growth across different regions.
Top countries in Glass and Glass Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16,270 | 2023 | +15.24% | +14.34% | View data |
| 2 | 2 Germany | 12,920 | 2023 | +1.15% | +0.34% | View data |
| 3 | 3 Italy | 6,400 | 2023 | -0.042% | -0.37% | View data |
| 4 | 4 Belgium | 4,600 | 2023 | +12.09% | +7.27% | View data |
| 5 | 5 Poland | 4,360 | 2023 | +3.24% | +3.61% | View data |
| 6 | 6 Spain | 3,630 | 2023 | -0.083% | -0.22% | View data |
| 7 | 7 United Kingdom | 3,490 | 2023 | -1.18% | +0.29% | View data |
| 8 | 8 Czech Republic | 1,920 | 2023 | +0.94% | -0.035% | View data |
| 9 | 9 Austria | 1,670 | 2023 | +3.9% | +0.46% | View data |
| 10 | 10 Netherlands | 1,270 | 2023 | +0.63% | +3.04% | View data |
