The plastics market in Ireland has shown substantial growth from 2013 to 2023, reaching 412.37 million kilograms in 2023. The market demonstrated several oscillations in growth rate, with notable increases in 2015 and 2016, and a decline in 2017. Over the last five years, the compound annual growth rate (CAGR) was 4.02%, indicating moderate and sustained growth. Year-on-year growth over the past two years was 5.85% in 2022 and 3.51% in 2023, showing a stable upward trend.
Future trends to watch for include:
- Increasing demand due to industrial and consumer applications.
- Potential regulatory impacts on plastic usage and waste management improvements.
- Technological advancements driving shifts towards sustainable plastic alternatives.
How does Ireland rank in Plastics Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,070,000,000 | 2023 | +1.5% | +1.24% | View data |
| 2 | 2 France | 5,987,000,000 | 2023 | +0.094% | -0.98% | View data |
| 3 | 3 Spain | 3,829,200,000 | 2023 | -0.79% | +2.24% | View data |
| 4 | 4 United Kingdom | 2,985,000,000 | 2023 | -1.42% | -1.71% | View data |
| 5 | 5 Romania | 1,202,000,000 | 2023 | +2.76% | +2.36% | View data |
| 9 | 9 Finland | 647,640,000 | 2023 | +1.57% | -1.32% | View data |
| 10 | 10 Denmark | 599,390,000 | 2023 | -3.15% | -2.77% | View data |
| 11 | 11 Ireland | 412,370,000 | 2023 | +3.51% | +4.02% | |
| 12 | 12 Greece | 354,030,000 | 2023 | +1.87% | +3.66% | View data |
| 13 | 13 Croatia | 284,990,000 | 2023 | +3.04% | +2.93% | View data |