In 2023, Germany dominated the European metal tanks, reservoirs, and containers market with a turnover share of 33.41 million euros. United Kingdom, Italy, and Poland followed with significant shares. Notable annual growth was observed in Switzerland and Bosnia and Herzegovina with increases of 35.64% and 5.5%, respectively. In contrast, Italy and Belgium experienced declines of 3.06% and 3.95%. Over the last five years, these trends provide insights into the shifting dynamics and economic interactions within the industry.
Future trends to watch include potential growth in Eastern European markets such as Slovakia and Bulgaria, driven by regional industrial expansion. Additionally, Switzerland's remarkable growth might prompt further exploration of its market dynamics. Technological advancements and regional policy changes will also influence future turnover shares across the continent.
Top countries in Metal Tanks, Reservoirs and Containers Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.41 | 2023 | +5.38% | +1.72% | View data |
| 2 | 2 United Kingdom | 10.52 | 2023 | +0.85% | +1.98% | View data |
| 3 | 3 Italy | 9.06 | 2023 | -2.73% | -3.06% | View data |
| 4 | 4 Poland | 7.35 | 2023 | +2.43% | +0.87% | View data |
| 5 | 5 Spain | 6.45 | 2023 | -0.59% | -0.88% | View data |
| 6 | 6 Switzerland | 6.19 | 2023 | +21.74% | +35.64% | View data |
| 7 | 7 Netherlands | 5.72 | 2023 | +0.44% | +1.77% | View data |
| 8 | 8 Slovakia | 4.66 | 2023 | +3.31% | +5.19% | View data |
| 9 | 9 Austria | 4.39 | 2023 | +1.83% | +4.97% | View data |
| 10 | 10 Czech Republic | 3.57 | 2023 | +0.17% | -0.18% | View data |