In 2023, Italy leads the European plastic and rubber machinery sector with 30.23% of enterprises, though experiencing a decrease of 3.79% from the previous year. Germany follows at 18.27%, with a smaller decline of 1.17%. The United Kingdom sees a significant drop of 11.89%, holding 14.65% of the market. Spain, Poland, and Hungary maintain positions with minor variations, while Hungary notably grows by 4.78%. Minor fluctuations characterize the remainder of the countries, with the Netherlands and smaller Eastern European countries like Bulgaria and Greece showing slight growths.
Looking to the future, industry consolidation may reduce the number of enterprises in larger countries while smaller markets could experience emerging opportunities, influenced by advancements in sustainable and smart machinery technologies.
Top countries in Plastic and Rubber Machinery Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.23 | 2023 | -5.37% | -3.79% | View data |
| 2 | 2 Germany | 18.27 | 2023 | -1.32% | -1.17% | View data |
| 3 | 3 United Kingdom | 14.65 | 2023 | -14.03% | -11.89% | View data |
| 4 | 4 Spain | 9.81 | 2023 | +0.63% | +0.77% | View data |
| 5 | 5 Poland | 8.77 | 2023 | 0% | -0.28% | View data |
| 6 | 6 France | 2.64 | 2023 | 0% | -0.46% | View data |
| 7 | 7 Austria | 2.58 | 2023 | -2.33% | -2.22% | View data |
| 8 | 8 Sweden | 1.66 | 2023 | -3.57% | -2.73% | View data |
| 9 | 9 Hungary | 1.47 | 2023 | +4.35% | +4.78% | View data |
| 10 | 10 Czech Republic | 1.41 | 2023 | -4.17% | -1.06% | View data |
