In 2023, Italy leads the European sold production of plastic articles for the conveyance or packaging of goods, showing a growth of 4.29%. Germany follows, although its production slightly declined by 1.11%. Poland and France display modest growth at 4.07% and 0.56%, respectively. Notably, the Netherlands experiences significant growth of 6.96%, whereas the United Kingdom and Denmark see decreases of 5.42% and 5.86%. Smaller markets like Lithuania, showing a 10.81% increase, and Serbia and Portugal, each with a growth of 5.39%, indicate emerging strengths in the industry, with Southern and Eastern European countries exhibiting promising performances.
Future trends to watch include increased investment in circular economy practices and sustainability, particularly in countries like Germany and France, which prioritize environmental regulations. Technological advancements and innovations are expected to drive growth, particularly in smaller markets like Lithuania and Serbia. Additionally, geopolitical factors and economic policies across the EU might influence market dynamics and competitive environments. Monitoring how these elements impact both established and emerging markets will be crucial for stakeholders in the plastic packaging industry in Europe.
Top countries in Sold Production of Plastic Articles for the Conveyance or Packaging of Goods by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,280,100,000 | 2023 | +3.81% | +4.29% | View data |
| 2 | 2 Germany | 2,146,700,000 | 2023 | -0.85% | -1.11% | View data |
| 3 | 3 Poland | 1,050,400,000 | 2023 | +4.52% | +4.07% | View data |
| 4 | 4 France | 980,430,000 | 2023 | +0.63% | +0.56% | View data |
| 5 | 5 Netherlands | 478,940,000 | 2023 | +3.22% | +6.96% | View data |
| 6 | 6 United Kingdom | 306,840,000 | 2023 | -3.12% | -5.42% | View data |
| 7 | 7 Czechia | 273,100,000 | 2023 | |||
| 8 | 8 Spain | 255,680,000 | 2023 | +4% | -0.39% | View data |
| 9 | 9 Greece | 250,270,000 | 2023 | +4.52% | +3.92% | View data |
| 10 | 10 Hungary | 199,500,000 | 2023 | +2.74% | +2.57% | View data |