Between 2013 and 2023, the plastics market in Ireland experienced fluctuations, with values peaking in 2023 at 766.5 million Euros. Significant growth was seen in 2016 with a 26.18% year-on-year increase, whereas 2020 marked a sharp decline with a 16.12% decrease. The market rebounded in 2021 and grew steadily onwards, achieving a 2.89% CAGR over the last five years. The market in 2023 reflects a modest increase of 1.74% from the previous year, indicating stabilizing growth.
Future trends to watch for include:
- Advancements in sustainable plastic alternatives and recycling technologies.
- Regulatory changes impacting plastic production and consumption.
- Shifts in consumer preferences towards eco-friendly products, influencing market dynamics.
How does Ireland rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 12 | 12 Finland | 1,155,000,000 | 2023 | +0.95% | +0.71% | View data |
| 13 | 13 Bulgaria | 1,051,800,000 | 2023 | +3.27% | +3.3% | View data |
| 14 | 14 Ireland | 766,500,000 | 2023 | +1.74% | +2.89% | |
| 15 | 15 Greece | 714,430,000 | 2023 | +2.22% | +3.67% | View data |
| 16 | 16 Croatia | 471,970,000 | 2023 | +1.8% | +1.48% | View data |
