The European plastics market in 2023 showed Italy as the leading country with a significant share, followed by France and Spain. Notable growth was seen in Bulgaria and Ireland, with year-on-year increases of 5.46% and 4.02% respectively. Conversely, Denmark experienced a decline of 2.77%. Over the past five years, the market has exhibited varied trends, with some countries showing consistent growth while others faced downturns.
Looking ahead, the European plastics market is expected to experience growth, driven by technological advancements, increased recycling initiatives, and stricter environmental regulations. Special attention should be paid to transitioning towards sustainable materials and reducing plastic waste across countries.
Top countries in Plastics Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.45 | 2023 | +1.5% | +1.24% | View data |
| 2 | 2 France | 19.71 | 2023 | +0.094% | -0.98% | View data |
| 3 | 3 Spain | 12.61 | 2023 | -0.79% | +2.24% | View data |
| 4 | 4 United Kingdom | 9.83 | 2023 | -1.42% | -1.71% | View data |
| 5 | 5 Romania | 3.96 | 2023 | +2.76% | +2.36% | View data |
| 6 | 6 Hungary | 3.75 | 2023 | +3.27% | +2.33% | View data |
| 7 | 7 Portugal | 3.53 | 2023 | +1.15% | +2.03% | View data |
| 8 | 8 Bulgaria | 2.19 | 2023 | +4.55% | +5.46% | View data |
| 9 | 9 Finland | 2.13 | 2023 | +1.57% | -1.32% | View data |
| 10 | 10 Denmark | 1.97 | 2023 | -3.15% | -2.77% | View data |
