The European sold production of paper sacks and bags with a base width of more than 40 cm in 2023 shows Italy leading with the highest value, followed by Germany and Spain. Observing the year-on-year variation, Poland and Serbia exhibited notable growth rates, signaling a robust industry expansion. In contrast, France, Finland, and Croatia experienced declines, with the most significant reduction in Croatia. The five-year CAGR indicates variable growth across countries, with Eastern European nations like Poland and Serbia demonstrating stronger upward trends.
Future trends to watch include continued growth in Eastern European countries fueled by lower production costs and proximity to key markets. Additionally, the emphasis on sustainable packaging in Europe is likely to drive innovation and demand in the paper sacks and bags sector, benefiting countries that invest in eco-friendly production technologies.
Top countries in Sold Production of Paper Sacks and Bags with a Base Width More than 40 Cm by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 318,040,000 | 2023 | +2.72% | +1.44% | View data |
| 2 | 2 Germany | 226,090,000 | 2023 | -0.05% | +0.0067% | View data |
| 3 | 3 Spain | 163,870,000 | 2023 | +3.11% | +2.99% | View data |
| 4 | 4 Poland | 119,210,000 | 2023 | +2.66% | +4.55% | View data |
| 5 | 5 United Kingdom | 74,866,000 | 2023 | -1.22% | +1.43% | View data |
| 6 | 6 Serbia | 67,617,000 | 2023 | +5.32% | +9.36% | View data |
| 7 | 7 France | 65,799,000 | 2023 | -5.67% | -4.61% | View data |
| 8 | 8 Portugal | 45,389,000 | 2023 | +0.75% | +2.78% | View data |
| 9 | 9 Denmark | 34,804,000 | 2023 | +0.34% | +0.056% | View data |
| 10 | 10 Greece | 19,975,000 | 2023 | -0.63% | +1.63% | View data |
