Germany dominates the European plastics turnover scene with 80.61 billion euros in 2023, showing consistent growth of 1.03% year-on-year. Italy and France follow, with Italy experiencing a modest 0.51% rise and France witnessing a decline of 1.38%. Poland's 2.96% increase highlights Eastern Europe’s dynamic growth, while Spain's slight dip of 0.13% suggests market challenges. Romania's notable 4.89% growth underscores strong regional performance. Negative growth in Denmark (-2.7%) and Finland (-0.21%) contrasts with substantial increases in smaller markets like Bosnia and Herzegovina (8.22%). These variations reflect the varying economic conditions and market dynamics across Europe.
Future trends to watch include the push for sustainable plastic alternatives, regulatory changes impacting production, and technological advancements. Eastern European countries like Poland and Romania may continue to exhibit growth, driven by expansion and investment. In Germany, technological integration and environmental policies could reshape market dynamics. Monitoring these elements will be crucial for understanding potential shifts in market leadership and emerging opportunities.
Top countries in Plastics Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 80,610 | 2023 | +2.25% | +1.03% | View data |
| 2 | 2 Italy | 35,180 | 2023 | +1.13% | +0.51% | View data |
| 3 | 3 France | 25,900 | 2023 | -1.59% | -1.38% | View data |
| 4 | 4 United Kingdom | 24,720 | 2023 | +0.45% | +0.77% | View data |
| 5 | 5 Poland | 22,530 | 2023 | +3.79% | +2.96% | View data |
| 6 | 6 Spain | 16,200 | 2023 | +0.95% | -0.13% | View data |
| 7 | 7 Netherlands | 9,870 | 2023 | +2.32% | +1.86% | View data |
| 8 | 8 Belgium | 8,140 | 2023 | +1.37% | +1.99% | View data |
| 9 | 9 Czech Republic | 8,100 | 2023 | +2.55% | +1.24% | View data |
| 10 | 10 Austria | 7,460 | 2023 | +2.24% | +0.68% | View data |
