In 2023, Spain led the European market for sacks and bags of polyethylene or polypropylene strips, with a production valued at 47.682 million euros. Bulgaria followed at 29.859 million euros. Over the past year, Bulgaria experienced a notable growth of 4.23%, while Spain's production rose by 2.34%. Conversely, Finland and Estonia saw declines of 0.39% and 2.8%, respectively. Projections indicate positive continuous growth for key producers like Spain and Bulgaria, while smaller markets might face challenges due to competitive pressures and economic factors. Monitoring technological advancements and sustainable alternatives will be critical for future market positioning.
Top countries in Sold Production of Sacks and Bags of Polyethylene or Polypropylene Strip Used for Packing Goods by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 47,682,000 | 2023 | +2.96% | +2.34% | View data |
| 2 | 2 Bulgaria | 29,859,000 | 2023 | +3.94% | +4.23% | View data |
| 3 | 3 Czechia | 25,705,000 | 2021 | |||
| 4 | 4 Italy | 23,235,000 | 2021 | +8.26% | +8.47% | View data |
| 5 | 5 France | 18,956,000 | 2023 | +3.45% | +0.11% | View data |
| 6 | 6 Lithuania | 11,719,000 | 2023 | +1.32% | +1.09% | View data |
| 7 | 7 Portugal | 5,336,000 | 2021 | -3.77% | View data | |
| 8 | 8 Hungary | 3,872,100 | 2023 | +4.27% | +1.02% | View data |
| 9 | 9 Finland | 2,120,000 | 2023 | -2.52% | -0.39% | View data |
| 10 | 10 Estonia | 796,000 | 2023 | -0.12% | -2.8% | View data |
