In 2023, Italy led European sold production of base metal closures, stoppers, caps, and lids with 24.57% market share, followed by Germany, Spain, and France with shares around 17%. Czechia held a moderate share of 6.12%, while the UK and Poland saw declines of -2.53% and -4.88% respectively. Notable growth was observed in Bulgaria (8.32%) and Hungary (8.84%). Estonia experienced a significant surge of 41.05%.
Expectations for 2024 suggest continued growth driven by technological advancements and sustainability demands. Monitoring Italy’s lead, Germany and France's recovery strategies, as well as the potential in Eastern European markets, will be crucial for future dynamics.
Top countries in Sold Production of Base Metal Closures, Stoppers, Caps and Lids Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.57 | 2023 | +2.16% | +2.53% | View data |
| 2 | 2 Germany | 17.4 | 2023 | +1.89% | +3.65% | View data |
| 3 | 3 Spain | 17.22 | 2023 | +2.39% | +6.59% | View data |
| 4 | 4 France | 17.09 | 2023 | +4.78% | +8.58% | View data |
| 5 | 5 Czechia | 6.12 | 2023 | |||
| 6 | 6 United Kingdom | 4.86 | 2023 | -1.99% | -2.53% | View data |
| 7 | 7 Poland | 4.54 | 2023 | +0.91% | -4.88% | View data |
| 8 | 8 Bulgaria | 1.74 | 2023 | +3.93% | +8.32% | View data |
| 9 | 9 Hungary | 1.08 | 2023 | +5.46% | +8.84% | View data |
| 10 | 10 Greece | 0.99 | 2023 | +4% | -0.5% | View data |
