The European plastics market reveals distinct variances in value by country. In 2024, Germany leads with a sizeable market value of 25.852 billion Euros, followed by Italy at 17.442 billion Euros, and France at 10.7 billion Euros. Poland, the United Kingdom, and Spain trail with 9.5682, 7.2773, and 5.8603 billion Euros respectively. Smaller markets include the Czech Republic, Romania, and Portugal. Recent year-on-year trends show growth in Poland, Czech Republic, and Ireland, with notable declines in Italy and Denmark. The five-year CAGR highlights progressive growth across most countries except for Denmark.
Future trends to watch for include increased sustainability efforts, recycling initiatives, and innovations in biodegradable plastics, likely to shape market adjustments. Geopolitical factors and EU regulatory developments are anticipated to have significant impacts on production and consumption patterns within the European plastics market.
Top countries in Plastics Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 6 | 6 Spain | 5,860,300,000 | 2023 | +0.53% | +1.42% | View data |
| 7 | 7 Czech Republic | 4,251,000,000 | 2023 | +4.73% | +4.06% | View data |
| 8 | 8 Romania | 2,143,500,000 | 2023 | +3.78% | -0.84% | View data |
| 9 | 9 Portugal | 2,110,900,000 | 2023 | +0.46% | +0.29% | View data |
| 10 | 10 Austria | 1,470,200,000 | 2023 | +2.1% | +0.63% | View data |
