The 2023 data reveals that Spain leads the European production market for sacks and bags of polyethylene or polypropylene strip, contributing 26.78% of total production. Bulgaria follows with 16.77%, while Czechia, Italy, and France hold 14.44%, 13.05%, and 10.65% shares, respectively. Lithuania, Portugal, Hungary, Finland, and Estonia contribute smaller portions to the market. Year-on-year variations show a modest increase for most countries, notably Bulgaria at 4.23% and Spain at 2.34%. Conversely, Finland and Estonia experience slight declines, at -0.39% and -2.8%, respectively.
Looking forward, the European market for sacks and bags made from polyethylene or polypropylene strips may be influenced by increasing demand for sustainable packaging solutions. Considerations for eco-friendly innovations and regulations targeting plastic product reduction could significantly affect production and demand dynamics across countries. Additionally, monitoring economic conditions and raw material costs will be crucial for anticipating trends in production values.
Top countries in Sold Production of Sacks and Bags of Polyethylene or Polypropylene Strip Used for Packing Goods Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 26.78 | 2023 | +2.96% | +2.34% | View data |
| 2 | 2 Bulgaria | 16.77 | 2023 | +3.94% | +4.23% | View data |
| 3 | 3 Czechia | 14.44 | 2021 | |||
| 4 | 4 Italy | 13.05 | 2021 | +8.26% | +8.47% | View data |
| 5 | 5 France | 10.65 | 2023 | +3.45% | +0.11% | View data |
| 6 | 6 Lithuania | 6.58 | 2023 | +1.32% | +1.09% | View data |
| 7 | 7 Portugal | 3 | 2021 | -3.77% | View data | |
| 8 | 8 Hungary | 2.17 | 2023 | +4.27% | +1.02% | View data |
| 9 | 9 Finland | 1.19 | 2023 | -2.52% | -0.39% | View data |
| 10 | 10 Estonia | 0.45 | 2023 | -0.12% | -2.8% | View data |
