In 2023, Italy led the European Plastic and Rubber Machinery sector with 493 enterprises, despite a 3.79% decline. Germany and the UK followed, though the UK saw a notable 11.89% decrease. Spain and Hungary showed growth, at 0.77% and 4.78%, respectively. Most countries experienced slight declines or stable numbers, with Slovenia, Norway, Belgium, and Finland seeing significant drops. While Hungary and Croatia are on the rise, overall stability characterizes the rest of Europe.
Looking forward, the sector may see growth driven by technological advancements and sustainability demands, potentially increasing enterprise numbers, especially in countries currently experiencing growth or stability.
Top countries in Plastic and Rubber Machinery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 493 | 2023 | -5.37% | -3.79% | View data |
| 2 | 2 Germany | 298 | 2023 | -1.32% | -1.17% | View data |
| 3 | 3 United Kingdom | 239 | 2023 | -14.03% | -11.89% | View data |
| 4 | 4 Spain | 160 | 2023 | +0.63% | +0.77% | View data |
| 5 | 5 Poland | 143 | 2023 | 0% | -0.28% | View data |
| 6 | 6 France | 43 | 2023 | 0% | -0.46% | View data |
| 7 | 7 Austria | 42 | 2023 | -2.33% | -2.22% | View data |
| 8 | 8 Sweden | 27 | 2023 | -3.57% | -2.73% | View data |
| 9 | 9 Hungary | 24 | 2023 | +4.35% | +4.78% | View data |
| 10 | 10 Czech Republic | 23 | 2023 | -4.17% | -1.06% | View data |
