The European steel drums and similar containers market saw fluctuating turnover shares across countries at the end of 2023. Germany led the sector with 24.84 million euros, followed by Poland and Italy. The United Kingdom and Spain observed slight decreases, while Belgium, Czech Republic, and Hungary experienced positive growth. Finland experienced a significant decline, whereas Serbia showed remarkable improvement. Overall, the market displayed varied performances across countries.
Forecasts for 2024 suggest key trends to monitor include:
- The potential for market stabilization in regions experiencing negative growth.
- Continued growth in Eastern European markets, driven by Serbia's positive surge.
- Adapting strategies in Western Europe to counteract slight declines.
- Monitoring environmental and regulatory changes affecting production and logistics.
Top countries in Steel Drums and Similar Containers Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.84 | 2023 | +4.56% | -0.37% | View data |
| 2 | 2 Poland | 21.72 | 2023 | +1.97% | -1.2% | View data |
| 3 | 3 Italy | 17.08 | 2023 | +3.69% | -0.25% | View data |
| 4 | 4 Spain | 7.7 | 2023 | +5.37% | -2.01% | View data |
| 5 | 5 France | 7.26 | 2023 | -0.18% | -2.22% | View data |
| 6 | 6 United Kingdom | 6.44 | 2023 | +1.31% | -0.32% | View data |
| 7 | 7 Belgium | 4.95 | 2023 | +8.14% | +2.91% | View data |
| 8 | 8 Czech Republic | 3.95 | 2023 | +12.28% | +3.91% | View data |
| 9 | 9 Hungary | 1.85 | 2023 | +4.9% | +3.02% | View data |
| 10 | 10 Portugal | 1.85 | 2023 | +1.83% | +4.32% | View data |
