The European rubber and plastics products manufacturing sector is prominently led by Germany, generating an output of approximately €46.03 million, followed by Italy and France with €23.12 million and €15.09 million, respectively, in 2023. Recent year-on-year data indicates Germany's growth of 1.35% and notable gains in the Netherlands (6.36%), Portugal (3.31%), and Ireland (11.85%). The five-year compound annual growth rate reflects stable growth trends across most countries.
Future trends to watch:
- Increasing digitalization and automation in manufacturing processes.
- Heightened focus on sustainable and biodegradable materials to meet regulatory and consumer demands.
- Potential shifts in trade policies affecting import/export dynamics within the EU and globally.
- Technological innovations driving efficiencies and potentially reshaping production landscapes.
- Potential expansion in Eastern European countries due to competitive manufacturing costs.
Top countries in Rubber and Plastics Products Manufacturing Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.03 | 2023 | +1.85% | +1.35% | View data |
| 2 | 2 Italy | 23.12 | 2023 | +1.13% | +0.18% | View data |
| 3 | 3 France | 15.09 | 2023 | +3.24% | -0.13% | View data |
| 4 | 4 Netherlands | 6.38 | 2023 | +4.04% | +6.36% | View data |
| 5 | 5 Austria | 3.73 | 2023 | -4.85% | +1.49% | View data |
| 6 | 6 Portugal | 2.57 | 2023 | +3.64% | +3.31% | View data |
| 7 | 7 Ireland | 1.48 | 2023 | +14.41% | +11.85% | View data |
| 8 | 8 Greece | 1.1 | 2023 | +0.45% | +4.94% | View data |
| 9 | 9 Estonia | 0.31 | 2023 | +3.24% | +6.94% | View data |
| 10 | 10 Latvia | 0.18 | 2023 | +3.19% | +7.36% | View data |
