In 2023, Germany led European plastic packaging turnover with a share of 21.08 million euros, followed by France with 15.73 million euros and Italy close behind at 15.58 million euros. Notably, Serbia and Lithuania saw the most significant growth in that year, boasting increases of 6.09% and 3.3%, respectively, compared to 2022. Conversely, Norway and Finland experienced declines of -3.94% and -0.79%. Consequently, emerging Eastern European markets such as Poland also demonstrated strong growth, with a 3.11% increase, indicating a shift in market dynamics.
Future trends in the European plastic packaging sector to watch include:
- The potential impact of sustainability regulations which could alter market share complexities.
- Advancements in biodegradable materials affecting traditional turnover figures.
- The demand fluctuation influenced by economic shifts and green packaging initiatives.
Top countries in Plastic Packaging Goods Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.08 | 2023 | +2.82% | +2.4% | View data |
| 2 | 2 France | 15.73 | 2023 | +2.09% | +1.91% | View data |
| 3 | 3 Italy | 15.58 | 2023 | +1.46% | +0.78% | View data |
| 4 | 4 Spain | 9.95 | 2023 | +2.51% | +2.43% | View data |
| 5 | 5 Poland | 9.91 | 2023 | +4.06% | +3.11% | View data |
| 6 | 6 United Kingdom | 7.43 | 2023 | +0.28% | +0.79% | View data |
| 7 | 7 Belgium | 3.32 | 2023 | +7.36% | +3.52% | View data |
| 8 | 8 Austria | 2.12 | 2023 | +2.13% | +1.53% | View data |
| 9 | 9 Hungary | 1.67 | 2023 | +1.58% | +1.72% | View data |
| 10 | 10 Greece | 1.55 | 2023 | +2.17% | +2.46% | View data |
