The European Plastic Packaging Goods sector highlighted notable variations in wages and salaries in 2023, with Germany leading at €2.36 billion. France followed with €1.42 billion, and Italy at €1.0 billion. Spain saw a significant increase in wages by 4.66%, while Poland and Hungary registered the highest growth among Eastern European countries at 6.32% and 6.93%, respectively. Lithuania and Serbia's substantial wage increases reflect dynamic growth, contrasting with declines in Belgium and Ireland. Overall, extreme fluctuations signal differing country-specific economic environments in recent years.
Future trends to watch:
- Continued disparity in wage growth between Western and Eastern European countries.
- Economic policy shifts influencing salary trends in top performers like Germany and France.
- Increasing demand for sustainable packaging solutions influencing sector wage structures.
- Potential wage pressures arising from labor market changes and regulatory environments.
Top countries in Plastic Packaging Goods Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,360 | 2023 | +3.08% | +2.92% | View data |
| 2 | 2 France | 1,420 | 2023 | +2.23% | +2.65% | View data |
| 3 | 3 Italy | 1,000 | 2023 | +1.34% | +1.35% | View data |
| 4 | 4 Spain | 803.1 | 2023 | +3.79% | +4.66% | View data |
| 5 | 5 United Kingdom | 734 | 2023 | +0.37% | +0.68% | View data |
| 6 | 6 Poland | 669.2 | 2023 | +5.92% | +6.32% | View data |
| 7 | 7 Austria | 299.4 | 2023 | +5.87% | +6.01% | View data |
| 8 | 8 Belgium | 157.8 | 2023 | -0.32% | -4.58% | View data |
| 9 | 9 Hungary | 146.2 | 2023 | +5.64% | +6.93% | View data |
| 10 | 10 Czech Republic | 123.8 | 2023 | +1.98% | +2.04% | View data |
