In 2023, Germany led the European rubber and plastic products manufacturing sector, accounting for the highest turnover share. Other significant contributors included Italy and France, despite witnessing a decline in their shares. In contrast, Poland and Romania experienced notable growth. Emerging markets like Serbia, Bosnia and Herzegovina, and Lithuania showed strong increases, while Spain and Norway faced declines. This uneven performance highlights the varied economic dynamics across Europe.
Looking towards the future, keep an eye on Eastern European countries like Romania and Slovakia for potential growth opportunities. Additionally, the impact of technological advancements and environmental policies may reshape the landscape in Western Europe. As European Union standards evolve, sustainable manufacturing and innovations could drive future increases in production efficiencies, influencing market share variations across countries.
Top countries in Rubber and Plastic Products Manufacturing Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.54 | 2023 | +1.53% | +0.17% | View data |
| 2 | 2 Italy | 12.84 | 2023 | +0.88% | -0.23% | View data |
| 3 | 3 France | 10.74 | 2023 | +3.68% | -0.29% | View data |
| 4 | 4 United Kingdom | 7.84 | 2023 | +0.14% | +0.47% | View data |
| 5 | 5 Poland | 7.78 | 2023 | +3.96% | +2.83% | View data |
| 6 | 6 Spain | 5.26 | 2023 | -1.73% | -2.52% | View data |
| 7 | 7 Czech Republic | 3.62 | 2023 | +2.23% | +0.77% | View data |
| 8 | 8 Netherlands | 2.94 | 2023 | +1.71% | +1.01% | View data |
| 9 | 9 Belgium | 2.37 | 2023 | +0.69% | +1.03% | View data |
| 10 | 10 Austria | 2.13 | 2023 | +1.69% | -0.16% | View data |
