In 2023, Germany led Europe's light metal packaging sector with the highest wages and salaries valued at €520.8 million, followed by France at €362.7 million and Spain at €293.2 million. Notably, the United Kingdom and Italy had modest variations, while Poland and the Czech Republic observed significant growth. Conversely, Belgium experienced the steepest decline of -22.65%. Countries like Bulgaria, Finland, and Serbia showed strong upward trends.
Looking ahead, growth is likely in Eastern Europe, particularly in Poland and the Czech Republic, as they benefit from investment and technological advancements. Conversely, Western Europe might face challenges from cost-cutting and market saturation.
Top countries in Light Metal Packaging Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 520.8 | 2023 | +1.07% | +0.69% | View data |
| 2 | 2 France | 362.7 | 2023 | +1.34% | +0.32% | View data |
| 3 | 3 Spain | 293.2 | 2023 | +0.96% | +0.82% | View data |
| 4 | 4 Italy | 248.9 | 2023 | +1.26% | +1.44% | View data |
| 5 | 5 United Kingdom | 220.8 | 2023 | -1.08% | -0.76% | View data |
| 6 | 6 Poland | 133.5 | 2023 | +3.41% | +5.16% | View data |
| 7 | 7 Denmark | 99.3 | 2023 | +1.53% | +1.67% | View data |
| 8 | 8 Austria | 74.8 | 2023 | +3.31% | +3.1% | View data |
| 9 | 9 Czech Republic | 51.4 | 2023 | +5.54% | +6.07% | View data |
| 10 | 10 Greece | 32.7 | 2023 | -1.21% | +0.25% | View data |
