The plastics market in France has exhibited considerable volatility over the last decade. From 2012 to 2014, the market experienced a decline, with 2012 seeing a significant drop of 10.2%. Between 2015 and 2017, the market rebounded, especially in 2017 with a robust year-on-year increase of 17.39%. However, 2020 was marked by a sharp decline of 16.72%, influenced heavily by economic disruptions. Recovering from this downturn, 2021 saw a significant improvement of 14.83%, and 2022 continued this positive trend with a 5.6% increase. Over the five-year period from 2018 to 2022, the market's compound annual growth rate (CAGR) settled at -0.53%, reflecting the overall challenges faced.
In 2023, the market is expected to maintain a stable position. Looking forward to forecasted data from 2024, key trends to watch for will be advances in recycling technology, increasing regulations on plastic use, and the potential impact of economic recovery on industrial demand for plastics.
How does France 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% | |
| 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 |
