The European hollow glass production market in 2024 sees France leading with a 22.31% value share, closely followed by Germany at 21.18%. Italy holds a substantial share at 17.64%, while Spain and the UK have moderate shares of 7.46% and 7.27%, respectively. Bulgaria, with a significant 32.19% year-on-year growth in 2023, demonstrates a rapidly evolving market presence. Hungary and Norway also showed notable increases, contrasting with Greece and Malta, which experienced declines. Over the last five years, consistent CAGR highlights the stable yet gradually diversifying market landscape.
Future trends to watch include:
- Further expansion in Eastern European countries, particularly Bulgaria and Hungary, which show high growth potential.
- Potential shifts in market share due to sustainability initiatives affecting production practices in leading countries.
- Technological advancements and economic factors influencing production efficiency and cost competitiveness across Europe.
Top countries in Hollow Glass Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 22.31 | 2023 | +4.44% | +0.14% | View data |
| 2 | 2 Germany | 21.18 | 2023 | +2.29% | +3.53% | View data |
| 3 | 3 Italy | 17.64 | 2023 | +1.6% | +1.55% | View data |
| 4 | 4 Spain | 7.46 | 2023 | +1.14% | +2.41% | View data |
| 5 | 5 United Kingdom | 7.27 | 2023 | +1.46% | +1.74% | View data |
| 6 | 6 Bulgaria | 6.96 | 2023 | +27.62% | +32.19% | View data |
| 7 | 7 Poland | 6.5 | 2023 | +2.68% | +2.34% | View data |
| 8 | 8 Portugal | 4.58 | 2023 | +5.46% | +0.88% | View data |
| 9 | 9 Czech Republic | 3.78 | 2023 | +2.89% | +1.36% | View data |
| 10 | 10 Austria | 2.34 | 2023 | +1.84% | +2.48% | View data |