In 2023, Italy led the European market for paper sacks and bags with a base width more than 40 cm, accounting for the largest share at 26.86%. Germany and Spain followed with 19.09% and 13.84%, respectively. Year-on-year analysis shows significant growth in Poland (4.55%) and Serbia (9.36%), whereas France experienced a decline of -4.61%. Other countries like Lithuania and Bulgaria saw mixed trends, with Lithuania growing by 5.13% and Bulgaria declining by -1.9%. Notably, Croatia marked the steepest decline at -6.73%.
Going forward, the European market may witness robust growth due to increasing demand for sustainable packaging solutions. Factors to watch include potential shifts towards eco-friendly materials and the impact of legislation aimed at reducing plastic waste. Technological advancements in production could also influence market dynamics, offering enhanced efficiency and new opportunities for manufacturers. Italy, Germany, and Spain are likely to remain key players, while emerging markets like Poland may continue to show significant growth.
Top countries in Sold Production of Paper Sacks and Bags with a Base Width More than 40 Cm Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.86 | 2023 | +2.72% | +1.44% | View data |
| 2 | 2 Germany | 19.09 | 2023 | -0.05% | +0.0067% | View data |
| 3 | 3 Spain | 13.84 | 2023 | +3.11% | +2.99% | View data |
| 4 | 4 Poland | 10.07 | 2023 | +2.66% | +4.55% | View data |
| 5 | 5 United Kingdom | 6.32 | 2023 | -1.22% | +1.43% | View data |
| 6 | 6 Serbia | 5.71 | 2023 | +5.32% | +9.36% | View data |
| 7 | 7 France | 5.56 | 2023 | -5.67% | -4.61% | View data |
| 8 | 8 Portugal | 3.83 | 2023 | +0.75% | +2.78% | View data |
| 9 | 9 Denmark | 2.94 | 2023 | +0.34% | +0.056% | View data |
| 10 | 10 Greece | 1.69 | 2023 | -0.63% | +1.63% | View data |
