The European plastic packaging goods sector, as of 2024, indicates Germany remains the leader with a production value share, followed by Italy and France. Between 2023 and 2024, the countries exhibited varied percentage changes; Germany maintained steady growth, whereas Poland saw the highest increase. In contrast, Finland and Norway's shares declined. Smaller markets like Serbia and Slovenia showed significant progress, revealing potential emerging leaders. The five-year CAGR highlights growth from markets like Lithuania and Slovakia, despite a general European trend of steady but slow growth.
Future trends in the European plastic packaging industry to watch for include:
- Green and sustainable packaging advancements as regulations tighten.
- The potential impact of technological innovations increasing efficiency.
- Market demand fluctuations influenced by geopolitical and economic factors.
- Growth opportunities in Eastern European countries due to lower production costs.
Top countries in Plastic Packaging Goods Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.13 | 2023 | +2.91% | +2.79% | View data |
| 2 | 2 Italy | 16.59 | 2023 | +1.63% | +0.71% | View data |
| 3 | 3 France | 14.52 | 2023 | +2.08% | +1.41% | View data |
| 4 | 4 Spain | 10.04 | 2023 | +2.44% | +2.33% | View data |
| 5 | 5 Poland | 9.69 | 2023 | +4.08% | +3.12% | View data |
| 6 | 6 United Kingdom | 8.28 | 2023 | +0.98% | +0.83% | View data |
| 7 | 7 Belgium | 3.04 | 2023 | +7.17% | +4.29% | View data |
| 8 | 8 Austria | 1.98 | 2023 | +2.12% | +1.74% | View data |
| 9 | 9 Hungary | 1.65 | 2023 | +1.86% | +1.86% | View data |
| 10 | 10 Greece | 1.58 | 2023 | +2.45% | +2.18% | View data |
