In 2023, France led European hollow glass turnover with €4.21 billion but saw a slight decline of -1.1% year-on-year. Germany, at €3.7 billion, experienced a moderate growth of 3.06%. Bulgaria displayed a significant surge of 36.84%, while the UK and Italy observed modest increases of 1.8% and 1.86%, respectively. Notably, Iceland's turnover rose sharply by 18.92%, albeit from a small base. Conversely, Belgium and Malta saw notable declines of -7.44% and -10.74%, respectively. Growth was observed across several countries, with Hungary and Norway showing significant positive trends.
Future trends to watch include potential stabilization in France, sustained growth in Germany, Italy, and Bulgaria, and the impact of sustainability and technological innovations on the hollow glass industry across Europe. Economic conditions, regulatory changes, and shifts in consumer behavior are key factors that might further influence turnover patterns this year.
Top countries in Hollow Glass Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,210 | 2023 | +4.45% | -1.1% | View data |
| 2 | 2 Germany | 3,700 | 2023 | +2.35% | +3.06% | View data |
| 3 | 3 Italy | 3,000 | 2023 | +1.84% | +1.86% | View data |
| 4 | 4 Bulgaria | 1,310 | 2023 | +33.24% | +36.84% | View data |
| 5 | 5 United Kingdom | 1,250 | 2023 | +1.55% | +1.8% | View data |
| 6 | 6 Spain | 1,140 | 2023 | -1.55% | -1.96% | View data |
| 7 | 7 Poland | 1,090 | 2023 | +2.51% | +1.67% | View data |
| 8 | 8 Czech Republic | 734.3 | 2023 | +8.61% | +4.28% | View data |
| 9 | 9 Portugal | 726.1 | 2023 | +3.01% | -0.38% | View data |
| 10 | 10 Austria | 487.2 | 2023 | +2.18% | +1.98% | View data |
