The Croatian Plastics Market has demonstrated considerable dynamics over the last decade. The market size reached 471.97 million euros in 2023. From 2019 to 2023, the market showed resilience with a compound annual growth rate (CAGR) of 1.48%, despite a significant dip in 2020 followed by a strong recovery phase. The year-on-year growth for 2023 was 1.8%, marking a period of stabilization. Notably, the market has displayed a broader recovery and continues to grow since the sharp decline in 2020.
Future trends to watch for:
- Sustainability demands potentially spurring innovation in biodegradable plastics.
- Technological advancements driving efficiency and cost reductions.
- Potential shifts due to regulatory changes in environmental policies.
- Rising demand for plastics in sectors such as automotive and construction.
- Global supply chain influences, including raw material availability and pricing.
How does Croatia rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 14 | 14 Ireland | 766,500,000 | 2023 | +1.74% | +2.89% | View data |
| 15 | 15 Greece | 714,430,000 | 2023 | +2.22% | +3.67% | View data |
| 16 | 16 Croatia | 471,970,000 | 2023 | +1.8% | +1.48% | |
| 17 | 17 Estonia | 254,740,000 | 2023 | +2.68% | +1.06% | View data |
