In 2023, France led the European light metal packaging market with a turnover of 3.7 billion euros, followed by Germany and Poland. Poland showed a strong growth of 9.51% YoY, while Spain saw a slight decline of 0.49%. The UK and several other countries, like Hungary and Portugal, also experienced negative growth. Belgium and Finland surged impressively, with Belgium showing a 24.2% increase and Finland at 20.54%. Croatia achieved the highest growth at 44.58%, albeit from a smaller base. Over the past five years, countries have demonstrated varied growth patterns, influenced by local economic conditions and industry dynamics.
Future trends to watch include sustainability initiatives driving packaging innovations, fluctuations in raw material costs, and economic factors influencing consumer behavior. Countries pushing sustainable packaging solutions may see increased turnover, shaping the competitive landscape in Europe.
Top countries in Light Metal Packaging Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,700 | 2023 | +9.38% | +3.38% | View data |
| 2 | 2 Germany | 3,000 | 2023 | +0.42% | +0.64% | View data |
| 3 | 3 Poland | 2,460 | 2023 | +7.61% | +9.51% | View data |
| 4 | 4 Spain | 2,430 | 2023 | +0.7% | -0.49% | View data |
| 5 | 5 Italy | 2,350 | 2023 | +0.88% | +1.14% | View data |
| 6 | 6 United Kingdom | 1,610 | 2023 | -0.2% | -0.31% | View data |
| 7 | 7 Czech Republic | 493.4 | 2023 | +1.17% | +1.7% | View data |
| 8 | 8 Denmark | 470.3 | 2023 | +0.73% | +0.99% | View data |
| 9 | 9 Greece | 400.9 | 2023 | +0.15% | +0.98% | View data |
| 10 | 10 Austria | 361.7 | 2023 | +4.84% | +1.06% | View data |
