In 2023, Italy led European sold production of plastic sacks and bags, with a significant value of 539.27 million euros, showing a 4.74% year-on-year growth. This is followed by France (267.11 million euros, 1.07% growth) and Spain (262.7 million euros, 14.04% growth). The UK and Poland also exhibited moderate increases, while Germany saw a 2.97% contraction. Eastern European countries like Lithuania (+5.79%) and Romania (+0.86%) are growing steadily, but smaller markets like Hungary, Estonia, and Denmark experienced declines.
Future trends to watch include increased regulation against plastics, which may impact production and innovation towards sustainable alternatives. Additionally, Eastern Europe's rising manufacturing capabilities could alter the current market dynamics.
Top countries in Sold Production of Plastic Sacks and Bags by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 539,270,000 | 2023 | +0.025% | +4.74% | View data |
| 2 | 2 France | 267,110,000 | 2023 | -0.58% | +1.07% | View data |
| 3 | 3 Spain | 262,700,000 | 2023 | +2.42% | +14.04% | View data |
| 4 | 4 United Kingdom | 251,460,000 | 2023 | -0.036% | +3.77% | View data |
| 5 | 5 Poland | 213,570,000 | 2023 | +2.93% | +1.9% | View data |
| 6 | 6 Germany | 100,720,000 | 2023 | -0.11% | -2.97% | View data |
| 7 | 7 Lithuania | 62,622,000 | 2023 | +4.39% | +5.79% | View data |
| 8 | 8 Romania | 60,124,000 | 2023 | +1.87% | +0.86% | View data |
| 9 | 9 Portugal | 23,681,000 | 2023 | +8.88% | +1.48% | View data |
| 10 | 10 Austria | 22,960,000 | 2023 | -2.49% | +1.9% | View data |
