The Greek plastics market saw fluctuating trends from 2013 to 2023, culminating at a value of €714.43 million in 2023. Notable fluctuations include significant growth in 2015 and 2016, followed by a period of volatility until 2020. A strong recovery was observed post-2020, with a consistent upward trend leading to 2023. Year-on-year growth in the last two years showed moderate increases of 2.3% and 2.22%. The compound annual growth rate (CAGR) over the last five years stood at 3.67%, indicating a positive long-term trend.
Future trends to watch for:
- Increased demand for sustainable plastic alternatives.
- Technological advancements in plastic recycling.
- Potential regulatory changes focused on reducing plastic waste.
- Continued economic recovery potentially enhancing market demand.
How does Greece rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 13 | 13 Bulgaria | 1,051,800,000 | 2023 | +3.27% | +3.3% | View data |
| 14 | 14 Ireland | 766,500,000 | 2023 | +1.74% | +2.89% | View data |
| 15 | 15 Greece | 714,430,000 | 2023 | +2.22% | +3.67% | |
| 16 | 16 Croatia | 471,970,000 | 2023 | +1.8% | +1.48% | View data |
| 17 | 17 Estonia | 254,740,000 | 2023 | +2.68% | +1.06% | View data |