Germany remains the dominant player in the European plastic and rubber machinery market, with a turnover of 9.54 billion Euros in 2024, showing a 2.46% increase from 2023. Italy and Austria follow with values of 2.78 billion and 2.66 billion Euros respectively. While Italy experienced a slight decline of -1.47%, Austria saw a positive uptick of 2.47%. France also recorded a significant growth of 4.1%, bringing its turnover to 2.5 billion Euros.
Other notable performance includes Sweden with a 5.98% increase, and Poland at 3.33%. Conversely, Finland (-10.03%) and Slovakia (-4.87%) faced downturns. Although countries like Portugal (7.12%), Romania (11.5%), and Bulgaria (4.7%) have smaller turnovers, they showed strong year-on-year growth. The five-year CAGR indicates moderate overall growth across the sector.
Future trends to watch for include digitalization, automation, and sustainability initiatives expected to drive further growth. Additionally, potential economic shifts and industrial policies within the European Union could influence market dynamics.
Top countries in Plastic and Rubber Machinery Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,540 | 2023 | +5.99% | +2.46% | View data |
| 2 | 2 Italy | 2,780 | 2023 | +1.84% | -1.47% | View data |
| 3 | 3 Austria | 2,660 | 2023 | +6.83% | +2.47% | View data |
| 4 | 4 France | 2,500 | 2023 | +4.41% | +4.1% | View data |
| 5 | 5 Sweden | 300 | 2023 | +6.01% | +5.98% | View data |
| 6 | 6 Czech Republic | 250.4 | 2023 | +3.47% | +1.81% | View data |
| 7 | 7 Spain | 214.2 | 2023 | +0.19% | +1.48% | View data |
| 8 | 8 Poland | 150.8 | 2023 | +5.31% | +3.33% | View data |
| 9 | 9 Slovakia | 91 | 2023 | +7.95% | -4.87% | View data |
| 10 | 10 Hungary | 63.5 | 2023 | +6.72% | +2.33% | View data |
