In 2023, Italy led the European market for self-adhesive plastic strips with a substantial share, followed by Germany and the United Kingdom. Italy saw a year-on-year increase of 5.16%, indicating growth, while Germany experienced a decline of 5.07%. The UK's minor growth contrasted with Greece's modest increase. Poland's production surged with a notable 9.24% rise, and Lithuania registered the highest growth rate at 10.96%. However, Ireland and Croatia faced reductions, showing declines of 6.42% and 7.49%, respectively.
Looking ahead, the European market for self-adhesive plastic strips may experience shifts due to technological advancements and environmental regulations. Trends to watch include innovations in sustainable materials, increased automation in production, and potential shifts in market leadership if other countries ramp up production capabilities. Monitoring these developments will be key for stakeholders aiming to maintain or increase market share.
Top countries in Sold Production of Self-Adhesive Strips of Plastic Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.81 | 2023 | +4.98% | +5.16% | View data |
| 2 | 2 Germany | 16.48 | 2023 | -3.73% | -5.07% | View data |
| 3 | 3 United Kingdom | 4.67 | 2023 | -0.91% | +0.15% | View data |
| 4 | 4 Greece | 3.31 | 2023 | +2.13% | +2.34% | View data |
| 5 | 5 Spain | 0.45 | 2021 | -2.57% | View data | |
| 6 | 6 Poland | 0.42 | 2023 | +6.22% | +9.24% | View data |
| 7 | 7 Ireland | 0.27 | 2023 | -5.45% | -6.42% | View data |
| 8 | 8 Croatia | 0.055 | 2023 | -5.03% | -7.49% | View data |
| 9 | 9 Lithuania | 0.016 | 2023 | +5.78% | +10.96% | View data |
| 10 | 10 Portugal | 0 | 2021 | +40.61% | View data |
