The 2023 analysis reveals Germany's dominance in the European plastics products sector with the highest number of hours worked at 599.47 million. Other major contributors include Poland and the United Kingdom. Notably, Germany and Poland saw modest year-on-year increases, while Italy and Spain experienced declines. Over the past five years, the compound annual growth rate (CAGR) indicates a varied landscape across countries, with some like Romania achieving growth, while others such as Greece and Bulgaria showing contractions.
Future trends to watch include potential shifts in manufacturing dynamics, driven by sustainability initiatives and economic policies. Countries with rising production hours like Romania and Ireland might continue to expand their market share, while environmental regulations could impact the overall industry trajectory in Europe.
Top countries in Plastics Products Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 599,470,000 | 2023 | +1.57% | +0.47% | View data |
| 2 | 2 Poland | 332,800,000 | 2023 | +2.71% | +1.77% | View data |
| 3 | 3 United Kingdom | 279,000,000 | 2023 | +0.21% | +0.59% | View data |
| 4 | 4 Italy | 204,590,000 | 2023 | -0.95% | -1.12% | View data |
| 5 | 5 Spain | 112,440,000 | 2023 | -1.99% | -2.67% | View data |
| 6 | 6 Czech Republic | 109,190,000 | 2023 | +2.84% | -0.49% | View data |
| 7 | 7 Romania | 95,122,000 | 2023 | +1.68% | +1.92% | View data |
| 8 | 8 Hungary | 69,058,000 | 2023 | +0.87% | +0.4% | View data |
| 9 | 9 Netherlands | 48,595,000 | 2023 | +0.62% | +0.48% | View data |
| 10 | 10 Austria | 47,269,000 | 2023 | +0.72% | +0.0085% | View data |
