The European rubber and plastic products manufacturing sector shows significant disparities in wages and salaries across countries. As of 2024, Germany leads with €33.4 million, followed by France at €12 million and Italy at €9.31 million. The United Kingdom, Poland, and Spain also show substantial shares. Year-on-year, countries like Poland, Netherlands, and Bulgaria demonstrate noticeable growth, while Norway and Greece have seen declines. Over the five-year period, Lithuania and Bulgaria have experienced remarkable growth, suggesting shifts in regional dynamics.
Future trends to watch include potential shifts in manufacturing hubs due to economic changes and evolving industrial policies. The growth in Eastern Europe, especially in countries like Bulgaria and Estonia, suggests a shift in wage pressures and labor market dynamics. Continuous monitoring of economic conditions and development initiatives will be crucial for predicting further trends in this sector.
Top countries in Rubber and Plastic Products Manufacturing Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.4 | 2023 | +1.81% | +0.52% | View data |
| 2 | 2 France | 12 | 2023 | +9.23% | +3.79% | View data |
| 3 | 3 Italy | 9.31 | 2023 | +1% | +0.41% | View data |
| 4 | 4 United Kingdom | 8.28 | 2023 | -0.0062% | +0.11% | View data |
| 5 | 5 Poland | 5.68 | 2023 | +3.89% | +4.32% | View data |
| 6 | 6 Spain | 5.07 | 2023 | +0.58% | +0.022% | View data |
| 7 | 7 Switzerland | 3.04 | 2023 | +1.97% | +2.96% | View data |
| 8 | 8 Netherlands | 2.91 | 2023 | +3.28% | +3.93% | View data |
| 9 | 9 Austria | 2.81 | 2023 | +3.67% | +3.39% | View data |
| 10 | 10 Czech Republic | 2.25 | 2023 | +1.72% | +0.16% | View data |
