The European Rubber, Plastics, and Other Non-Metallic Mineral Products Manufacturing industry shows varied output across countries. Italy dominates with €40.99 million, followed by Spain (€22.7 million) and the Netherlands (€10.32 million). Year-on-year changes in 2023 reveal dynamic shifts: Croatia shows the highest growth at 16.08%, indicating a potentially emerging player in the sector. Malta and the Netherlands also experienced substantial increases, at 8.62% and 6.9% respectively. On the other hand, established markets like Italy and Austria displayed more modest expansions.
Looking forward, several trends are anticipated to shape the industry:
- Technological advancements, particularly in eco-friendly materials, will likely reshape market dynamics.
- Sustainability concerns are expected to influence regulatory changes, impacting production processes and cost structures.
- Eastern European countries may continue to grow faster due to competitive labor costs and increasing foreign investments.
Top countries in Rubber, Plastics and Other Non-Metallic Mineral Products Manufacturing Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 40.99 | 2023 | +3.43% | +2.51% | View data |
| 2 | 2 Spain | 22.7 | 2023 | +2.15% | +3.62% | View data |
| 3 | 3 Netherlands | 10.32 | 2023 | +6.06% | +6.9% | View data |
| 4 | 4 Austria | 7.04 | 2023 | -6.09% | +1.36% | View data |
| 5 | 5 Portugal | 4.81 | 2023 | +1.66% | +3.27% | View data |
| 6 | 6 Finland | 3.7 | 2023 | +1.76% | +4.12% | View data |
| 7 | 7 Slovakia | 3.53 | 2023 | -11.97% | +3.16% | View data |
| 8 | 8 Greece | 2.3 | 2023 | +5.3% | +5.68% | View data |
| 9 | 9 Croatia | 1.89 | 2023 | +24.46% | +16.08% | View data |
| 10 | 10 Slovenia | 1.76 | 2023 | +2.17% | +5.13% | View data |
