The forecasted sold production of plastics in primary forms in Germany shows a steady year-on-year increase from 2024 to 2028. In 2023, the industry stood at an estimated 23.8 billion euros, indicating a positive growth trajectory in the subsequent years. The year-on-year growth rates depict an upward trend, averaging a compound annual growth rate (CAGR) over the five-year forecast period.

Future trends to watch for:

Technological advancements leading to more efficient production processes.
Increasing demand for sustainable and biodegradable plastics as environmental concerns rise.
Regulatory developments at the European level, particularly regarding recycling and waste management.