The European market for plastic closures sees France leading with a production value of €1.9241 billion, closely followed by Germany with €1.8667 billion. Italy and Spain are next, showing steady growth at 4.14% and 6.52% respectively in 2023. The United Kingdom and Poland display modest decreases, while Scandinavian countries like Sweden and Denmark show significant year-on-year growth with 17.09% and 14.06% respectively. Eastern European countries have experienced minor increases, except for Greece and Portugal, which faced declines. Overall, Europe's market exhibits a stable annual growth average (CAGR) over the past five years.
Future trends to watch include technological advancements in eco-friendly and recyclable packaging, which could spur growth in countries currently experiencing lower production volumes. Additionally, innovation in manufacturing processes and the rising demand for sustainable packaging solutions will likely shape the European plastic closures industry.
Top countries in Sold Production of Plastic Stoppers, Lids, Caps, Capsules and Other Closures by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,924,100,000 | 2023 | +3.03% | +0.3% | View data |
| 2 | 2 Germany | 1,866,700,000 | 2023 | +0.79% | +0.84% | View data |
| 3 | 3 Italy | 1,034,300,000 | 2023 | +10.6% | +4.14% | View data |
| 4 | 4 Spain | 874,080,000 | 2023 | +16.51% | +6.52% | View data |
| 5 | 5 United Kingdom | 364,780,000 | 2023 | -0.51% | -1.67% | View data |
| 6 | 6 Poland | 293,460,000 | 2023 | +2.03% | +1.41% | View data |
| 7 | 7 Hungary | 185,970,000 | 2023 | +1.39% | +0.87% | View data |
| 8 | 8 Sweden | 149,360,000 | 2023 | +11.61% | +17.09% | View data |
| 9 | 9 Netherlands | 145,100,000 | 2023 | +2.63% | +1.9% | View data |
| 10 | 10 Belgium | 141,010,000 | 2023 | +1.46% | +1.15% | View data |
