In 2024, Italy leads with a dominant 63.76% share in European production of machinery for packing or wrapping. The Netherlands follows with 14.62%, but has seen a decline in the previous year. France ranks third at 12.1%, with a downward trend. Meanwhile, Hungary and Sweden demonstrated strong growth in 2023, with gains of 5.38% and 18.57%, respectively. Conversely, the United Kingdom and Poland faced significant declines, with double-digit percentage drops. Other notable countries, like Germany and Spain, showed stability or minor declines.
Future trends to monitor include:
- Technological advancements in production efficiency, which may influence country shares.
- Environmental regulations, potentially affecting production processes and shares.
- Continued growth in demand for sustainable packaging solutions impacting machinery requirements.
- Economic conditions and supply chain dynamics potentially reshaping production landscapes.
Top countries in Sold Production of Machinery for Packing or Wrapping Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 63.76 | 2023 | +2.68% | +1.55% | View data |
| 2 | 2 Netherlands | 14.62 | 2023 | -0.35% | -3.28% | View data |
| 3 | 3 France | 12.1 | 2023 | +2.33% | -4.94% | View data |
| 4 | 4 Czechia | 5.6 | 2023 | |||
| 5 | 5 Germany | 4.4 | 2023 | +2.04% | -0.16% | View data |
| 6 | 6 Hungary | 4.11 | 2023 | +4.03% | +5.38% | View data |
| 7 | 7 Spain | 3.3 | 2023 | -1.72% | -1.71% | View data |
| 8 | 8 Sweden | 2.57 | 2023 | +25.2% | +18.57% | View data |
| 9 | 9 Denmark | 1.95 | 2023 | -4.61% | +10.08% | View data |
| 10 | 10 Slovakia | 0.85 | 2023 | -0.27% | -2.12% | View data |
