The Plasticised Mixed Polyvinyl Chloride market in Portugal has seen a consistent decline in value from 2013 to 2023, with a market size standing at €23.548 million in 2023. The past decade was marked by significant year-on-year decreases, particularly in 2018 and 2019. A minor recovery occurred in 2021 before another downward trend resumed. The average yearly decline over the last five years (CAGR) was -11.48%, highlighting a persistent downward trajectory in the market.
Looking forward, the focus should be on sustainability trends, potential regulatory changes in Europe, and innovations in recycling technologies, which may affect market dynamics. Consumer awareness and demand for eco-friendly materials might reshape this market significantly.
