The sold production of tableware and kitchenware of plastic in the Netherlands, expressed in million euros, experienced various fluctuations over the years. Starting from a value of 30.565 million euros in 2013, the market saw periods of both growth and decline. The peak value was achieved in 2020 at 45.017 million euros, driven by heightened demand during the pandemic. However, the years following 2020 showed a downward trend, with a significant drop to 34.851 million euros in 2023. The year-on-year variation in 2023 was -2.63%, and the last five-year CAGR was -2.39%.
Looking ahead, forecasts indicate a continuous decline in market value, with an expected drop to 30.277 million euros by 2028. This is reflected in the forecasted five-year CAGR of -2.25%, indicating a gradual annual decrease in market value. Future trends to watch for include potential shifts in consumer preferences away from plastic products, increasing regulatory pressures on plastic use, and innovations in eco-friendly materials which may reshape the market dynamics. Additionally, monitoring the impact of economic fluctuations and supply chain disruptions on production will be crucial for future analyses.
