In 2023, France dominated the European hollow glass market with a turnover of 24.22 million euros, despite a slight decline of 1.1%. Germany followed closely with 21.26 million euros, growing by 3.06%, and Italy at 17.25 million euros with a 1.86% rise. Noteworthy growth was observed in Bulgaria, surging 36.84%, and smaller markets such as Hungary at 13.89% and Iceland at 18.92%. Conversely, Belgium saw a significant drop of 7.44%, and Malta declined by 10.74%. While major markets like France and Spain faced slight declines, countries such as the Czech Republic and Lithuania demonstrated positive growth trends.
Future trends to watch include the continued expansion of emerging markets like Bulgaria and Hungary. Additionally, advancements in sustainable production methods and eco-friendly glass products may alter market dynamics. Sustainable growth in Central and Eastern Europe is expected due to increased investment in industrial capacities and technology enhancements.
Top countries in Hollow Glass Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.22 | 2023 | +4.45% | -1.1% | View data |
| 2 | 2 Germany | 21.26 | 2023 | +2.35% | +3.06% | View data |
| 3 | 3 Italy | 17.25 | 2023 | +1.84% | +1.86% | View data |
| 4 | 4 Bulgaria | 7.55 | 2023 | +33.24% | +36.84% | View data |
| 5 | 5 United Kingdom | 7.17 | 2023 | +1.55% | +1.8% | View data |
| 6 | 6 Spain | 6.55 | 2023 | -1.55% | -1.96% | View data |
| 7 | 7 Poland | 6.25 | 2023 | +2.51% | +1.67% | View data |
| 8 | 8 Czech Republic | 4.22 | 2023 | +8.61% | +4.28% | View data |
| 9 | 9 Portugal | 4.17 | 2023 | +3.01% | -0.38% | View data |
| 10 | 10 Austria | 2.8 | 2023 | +2.18% | +1.98% | View data |
