The plastics products production value in Denmark has experienced fluctuations over the past decade. In 2013, the value stood at 3.79 billion euros. From 2014 onwards, there was a notable decline, dropping to 2.66 billion euros. The following years showed minor year-on-year adjustments, stabilizing around 2.72 billion euros in 2019. 2020 saw a 3.37% increase, but the production value dipped again in subsequent years. By 2023, the value had decreased to 2.59 billion euros, marking a -1.67% year-on-year drop and a five-year CAGR of -1.24%.
Forecasts indicate a continuing decline, with the production value projected to reach 2.38 billion euros by 2028. This represents a -1.37% annual decline over the next five years, resulting in an overall decrease of 6.68% across this period.
Future trends to watch for include the global push for sustainability, which may require the plastics industry to adopt innovative materials and methods. The impact of environmental regulations and consumer preferences for eco-friendly products could significantly influence production values in the coming years.
