Analyzing the European Light Metal Packaging sector for 2023 shows Slovakia leading with 398 enterprises, followed by Spain and Italy. Noteworthy year-on-year growth includes Slovakia and the UK with 5.61% and 4.99% increases, respectively. On the flip side, France experienced significant declines at -7.22%, alongside other countries like Italy and Germany with -2.68% and -3.26% reductions. Five-year trends highlight a mixed landscape with declines and modest growth, pointing towards a mature market with regional variations.
Future trends to watch include:
- Potential recovery or stabilization in countries currently experiencing declines, driven by technological innovation and sustainability initiatives.
- Market consolidation possibly affecting smaller enterprises, as larger entities might dominate due to economies of scale.
- Growing demand for eco-friendly packaging solutions could reshape the competitive landscape across Europe.
Top countries in Light Metal Packaging Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 398 | 2023 | +1.53% | +5.61% | View data |
| 2 | 2 Spain | 164 | 2023 | +1.86% | -3.3% | View data |
| 3 | 3 Italy | 117 | 2023 | -3.31% | -2.68% | View data |
| 4 | 4 Germany | 111 | 2023 | -1.77% | -3.26% | View data |
| 5 | 5 United Kingdom | 74 | 2023 | +1.37% | +4.99% | View data |
| 6 | 6 Greece | 73 | 2023 | 0% | -1.32% | View data |
| 7 | 7 Portugal | 61 | 2023 | +1.67% | -2.43% | View data |
| 8 | 8 Poland | 53 | 2023 | 0% | +0.77% | View data |
| 9 | 9 Czech Republic | 44 | 2023 | -2.22% | -1.11% | View data |
| 10 | 10 Serbia | 33 | 2023 | -2.94% | -1.94% | View data |
