In 2023, Italy led European sold production of crown corks and stoppers, caps, and lids of base metal with 1.1366 billion euros, followed by Germany and France. The industry showed significant growth in Germany (7.8%) and Bulgaria (8.2%), while the UK experienced a decline (-4.57%). Estonia recorded a remarkable increase of 41.05%. Over the past five years, the compound annual growth rate (CAGR) has been steadily positive, indicating underlying market strength despite some regional variations.
Looking ahead, watch for potential growth in Eastern European countries as they modernize production capabilities. Market consolidation and emerging sustainable packaging materials may influence future dynamics in the sector.
Top countries in Sold Production of Crown Corks and Stoppers, Caps and Lids, of Base Metal by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,136,600,000 | 2023 | +2.17% | +3.12% | View data |
| 2 | 2 Germany | 765,290,000 | 2023 | +2.09% | +7.8% | View data |
| 3 | 3 France | 761,680,000 | 2023 | +2.86% | +2.87% | View data |
| 4 | 4 Spain | 690,330,000 | 2023 | +2.71% | +3.94% | View data |
| 5 | 5 Poland | 556,640,000 | 2023 | +2.85% | +1.5% | View data |
| 6 | 6 Czechia | 195,040,000 | 2023 | |||
| 7 | 7 United Kingdom | 191,610,000 | 2023 | -5.77% | -4.57% | View data |
| 8 | 8 Denmark | 62,697,000 | 2023 | -1.38% | -1.26% | View data |
| 9 | 9 Bulgaria | 53,358,000 | 2023 | +3.82% | +8.2% | View data |
| 10 | 10 Netherlands | 33,719,000 | 2023 | +23.72% | View data |
