Forecast: Production of Rubber and Plastics Products, and Other Non-metallic Mineral Products in Germany

The production of rubber and plastics products, alongside other non-metallic mineral products in Germany, is forecasted to grow steadily from €143.64 billion in 2024 to €151.2 billion by 2028. Compared to 2023, where the production value was below €143.64 billion, this indicates a consistent upward trajectory. Year-on-year growth rates are optimistic, showing moderate increases of approximately 1.4% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is anticipated to be about 1.3%.

Future trends to watch for include:

  • Technological advancements in manufacturing processes that could further enhance productivity.
  • Potential impacts of regulatory changes related to environmental standards for production.
  • Market demand shifts driven by evolving consumer preferences and global economic conditions.

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