The Czech Republic plastics market value experienced consistent growth from 2013 to 2022, expanding from 2.19 billion Euros to 4.06 billion Euros. The trend continued into 2023 with a value of 4.25 billion Euros. Year-on-year growth varied significantly, with peaks in 2015 at 12.17% and 2016 at 15.95%, while recent years showed more modest increases. The compound annual growth rate (CAGR) over the past five years was 4.06%, indicating steady market expansion.
Future trends to watch for include:
- Innovation in sustainable and biodegradable plastics.
- Shifts in consumer preferences towards eco-friendly materials.
- Regulatory impacts affecting plastic use and recycling.
- Technological advancements in production efficiency.
How does the Czech Republic rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 6 | 6 Spain | 5,860,300,000 | 2023 | +0.53% | +1.42% | View data |
| 7 | 7 Czech Republic | 4,251,000,000 | 2023 | +4.73% | +4.06% | |
| 8 | 8 Romania | 2,143,500,000 | 2023 | +3.78% | -0.84% | View data |
| 9 | 9 Portugal | 2,110,900,000 | 2023 | +0.46% | +0.29% | View data |
