In 2023, Germany led Europe's production of machinery for plastics and rubber repair and maintenance services, valued at 218.79 million euros, representing a modest 1.43% increase from the previous year. Italy experienced a significant growth of 31.08%, reaching 97.44 million euros. Spain saw a slight decline of 2.11%. Austria recorded substantial growth at 30.29%, while France faced an 11.11% decrease. Other notable changes included Poland's 2.44% increase, the Netherlands' 12.88% rise, Slovenia's 11.47% growth, Ireland's slight decrease, and declines in the UK and Belgium.
The outlook for 2024 suggests attention to sustainability and technological innovation in the European machinery sector. Emerging trends include increased demand for high-efficiency machinery and a shift towards incorporating AI and IoT in equipment to enhance performance and reduce maintenance downtime. Environmental regulations in Europe are also likely to shape production strategies, encouraging the development of more sustainable and energy-efficient machinery solutions.
Top countries in Sold Production of Machinery for Plastics and Rubber Repair and Maintenance Services by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 218,790,000 | 2023 | +7.37% | +1.43% | View data |
| 2 | 2 Italy | 97,440,000 | 2023 | -11.93% | +31.08% | View data |
| 3 | 3 Spain | 50,655,000 | 2023 | +2.35% | -2.11% | View data |
| 4 | 4 Czechia | 28,984,000 | 2023 | |||
| 5 | 5 Austria | 20,338,000 | 2023 | +16.74% | +30.29% | View data |
| 6 | 6 France | 17,489,000 | 2023 | -23.18% | -11.11% | View data |
| 7 | 7 Poland | 12,724,000 | 2023 | +2.06% | +2.44% | View data |
| 8 | 8 Netherlands | 11,200,000 | 2023 | -0.33% | +12.88% | View data |
| 9 | 9 Slovenia | 9,227,300 | 2023 | +5.52% | +11.47% | View data |
| 10 | 10 Ireland | 8,526,800 | 2023 | -2.23% | -0.84% | View data |
