The European Light Metal Packaging market in 2023 saw significant variations across different countries. France led the turnover with 19.65 million Euros, experiencing a year-on-year growth of 3.38%. Germany and Italy also displayed moderate growth of 0.64% and 1.14% respectively, with turnovers of 15.9 and 12.47 million Euros. Poland’s turnover recorded the highest growth among major markets at 9.51%, reaching 13.03 million Euros. Spain and the United Kingdom, on the other hand, showed slight declines at -0.49% and -0.31% respectively.
Several smaller markets demonstrated robust growth, notably Finland and Croatia with 20.54% and 44.58% year-on-year increases. However, Hungary faced a notable decline of -3.45%. Belgium and Serbia marked substantial growth rates of 24.2% and 4.53% respectively, indicating potential emerging hubs in the sector.
In the coming years, trends to watch include the effects of sustainability initiatives and technological advancements on market dynamics. Increased focus on recycling rates and eco-friendly packaging could drive growth in certain regions. Additionally, geopolitical and economic stability will play a pivotal role in shaping the market’s trajectory.
Top countries in Light Metal Packaging Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 19.65 | 2023 | +9.38% | +3.38% | View data |
| 2 | 2 Germany | 15.9 | 2023 | +0.42% | +0.64% | View data |
| 3 | 3 Poland | 13.03 | 2023 | +7.61% | +9.51% | View data |
| 4 | 4 Spain | 12.89 | 2023 | +0.7% | -0.49% | View data |
| 5 | 5 Italy | 12.47 | 2023 | +0.88% | +1.14% | View data |
| 6 | 6 United Kingdom | 8.55 | 2023 | -0.2% | -0.31% | View data |
| 7 | 7 Czech Republic | 2.62 | 2023 | +1.17% | +1.7% | View data |
| 8 | 8 Denmark | 2.5 | 2023 | +0.73% | +0.99% | View data |
| 9 | 9 Greece | 2.13 | 2023 | +0.15% | +0.98% | View data |
| 10 | 10 Austria | 1.92 | 2023 | +4.84% | +1.06% | View data |
