In 2023, Germany led the European market in the sold production of repair and maintenance services for metal tanks, reservoirs, and containers, with a distinct 2.03% year-on-year growth. Italy followed closely with moderate growth, while Spain saw a notable 3.96% increase. Noteworthy was the decline in Belgium, France, Netherlands, and the United Kingdom, indicating potential restructuring or industry challenges. Emerging markets like Lithuania, Finland, and Slovakia displayed impressive gains with double-digit percentages, hinting at their growing capabilities and investments in this sector.
Future trends to watch include potential market shifts as countries like Lithuania and Slovakia continue their rapid growth, possibly reshaping the market dynamics. Additionally, environmental regulations and technological innovations are expected to influence further development and competitiveness within this sector across Europe.
Top countries in Sold Production of Repair and Maintenance Services of Tanks, Reservoirs and Containers of Metal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.21 | 2023 | -0.38% | +2.03% | View data |
| 2 | 2 Italy | 22.9 | 2023 | +7.2% | +0.87% | View data |
| 3 | 3 Spain | 13.53 | 2023 | +5.37% | +3.96% | View data |
| 4 | 4 Belgium | 12.17 | 2023 | +3.29% | -0.54% | View data |
| 5 | 5 France | 12.11 | 2023 | -1.26% | -1.41% | View data |
| 6 | 6 Netherlands | 10.97 | 2023 | -8.83% | -4.21% | View data |
| 7 | 7 Poland | 2.87 | 2023 | +2.57% | +2.42% | View data |
| 8 | 8 Lithuania | 2.74 | 2023 | +5.81% | +12.67% | View data |
| 9 | 9 United Kingdom | 2.19 | 2023 | -7.64% | -5.79% | View data |
| 10 | 10 Czechia | 1.7 | 2023 |