The European plastic and rubber machinery sector shows a significant concentration in Germany, which accounts for a dominant share with 61.373 million hours worked. Italy and Austria follow, though with notably smaller figures. Other countries like Poland, the Czech Republic, and Spain also contribute but on a lesser scale. Recent data indicated diverse dynamics: Germany experienced moderate growth, Italy saw a decline, and Latvia had a remarkable surge.
Looking ahead, key trends include technological advancements boosting efficiency and potentially reducing hours worked. Sustainability initiatives could influence machinery demand, while economic fluctuations in large markets may also impact sector dynamics.
Top countries in Plastic and Rubber Machinery Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 61,373,000 | 2023 | +6.2% | +2.45% | View data |
| 2 | 2 Italy | 15,226,000 | 2023 | -3.43% | -4.12% | View data |
| 3 | 3 Austria | 12,226,000 | 2023 | +2.01% | +0.89% | View data |
| 4 | 4 Poland | 3,852,100 | 2023 | +5.13% | +4.37% | View data |
| 5 | 5 Czech Republic | 3,413,800 | 2023 | +5.32% | +2.03% | View data |
| 6 | 6 Spain | 2,879,900 | 2023 | -0.89% | -0.1% | View data |
| 7 | 7 Slovakia | 2,729,200 | 2023 | +9.62% | +3.87% | View data |
| 8 | 8 Netherlands | 2,515,900 | 2023 | +6.18% | +3.17% | View data |
| 9 | 9 Sweden | 2,064,600 | 2023 | +4.28% | +3.39% | View data |
| 10 | 10 Hungary | 1,189,400 | 2023 | +5.99% | +3.4% | View data |
