Based on the 2024 forecasted data, the United Kingdom leads European turnover in packaging services at 5.69 billion Euros, followed by Germany at 4.06 billion Euros, and Italy at 1.78 billion Euros. Notable variations over the last two years include a significant increase of 11.64% in Poland, 7.04% in Denmark, and 5.84% in Lithuania, while Italy and Slovakia experienced slight declines. Regarding continuous trends, the market has shown moderate growth in key countries with certain markets across the spectrum demonstrating either stable or fluctuating progress.
Future trends to watch include continued growth in Central and Eastern Europe, particularly in Poland and Croatia, driven by increasing industrial activities and foreign investments. Additionally, sustainability and eco-friendly packaging solutions are expected to drive innovation and regional disparities as different countries adopt new technologies and regulations at varying paces. Monitoring these developments will be crucial for understanding the shifting landscape in the European packaging services market.
Top countries in Turnover of Packaging Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 5,690 | 2023 | +1.22% | +1.18% | View data |
| 2 | 2 Germany | 4,060 | 2023 | +3.21% | +2.44% | View data |
| 3 | 3 Italy | 1,780 | 2023 | +0.18% | -0.75% | View data |
| 4 | 4 Poland | 1,650 | 2023 | +8.59% | +11.64% | View data |
| 5 | 5 France | 1,580 | 2023 | +2.24% | +2.19% | View data |
| 6 | 6 Belgium | 706 | 2023 | +0.68% | +2.48% | View data |
| 7 | 7 Denmark | 611.5 | 2023 | +4.24% | +7.04% | View data |
| 8 | 8 Spain | 524.6 | 2023 | +1% | +2.05% | View data |
| 9 | 9 Slovakia | 432.1 | 2023 | +8.19% | -0.5% | View data |
| 10 | 10 Sweden | 232.9 | 2023 | +7.67% | 0% | View data |
