In 2023, the European Production Value of Packaging Services displays notable variances across countries. The United Kingdom leads with €4.97 billion, followed by Germany at €3.35 billion. Italy, Poland, and France also make strong contributions, each exceeding €1 billion. Smaller markets such as Iceland and Cyprus show minimal production values under €0.01 billion. Year-on-year variations reveal significant growth in Poland (9.22%) and Lithuania (10.99%), while Italy and Portugal experienced declines. The five-year CAGR offers further insight, indicating overall incremental growth in the sector with several countries showing positive long-term trends.
Future trends to watch for include the increasing adoption of sustainable packaging solutions, digitalization of production processes, and the potential impacts of regulatory changes on production standards and costs. Continued investments in innovative and eco-friendly technologies are expected to drive future growth across the European packaging services industry.
Top countries in Production Value of Packaging Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 4,970 | 2023 | +0.96% | +1.17% | View data |
| 2 | 2 Germany | 3,350 | 2023 | +3.2% | +2.54% | View data |
| 3 | 3 Italy | 1,530 | 2023 | +3.39% | -1.9% | View data |
| 4 | 4 Poland | 1,400 | 2023 | +7.72% | +9.22% | View data |
| 5 | 5 France | 1,230 | 2023 | -3.79% | -0.65% | View data |
| 6 | 6 Denmark | 666.9 | 2023 | +5.11% | +7.5% | View data |
| 7 | 7 Belgium | 552.2 | 2023 | +0.67% | +0.65% | View data |
| 8 | 8 Spain | 458.2 | 2023 | +1.53% | +2.25% | View data |
| 9 | 9 Slovakia | 422.4 | 2023 | +10.11% | +0.043% | View data |
| 10 | 10 Sweden | 217.9 | 2023 | +7.5% | +0.24% | View data |