European plastics industry at cliff edge as competitiveness collapses

Despite a modest stabilisation in production volumes in 2024 (+0.4% to 54.6 Mt) after a record contraction in 2023 (-7.6%), Europe's global market share has continued to erode — collapsing from 22% in 2006 to just 12% in 2024. Industry revenues have also fallen sharply, from €457 bn in 2022 to €398 bn in 2024 (-13%).

Read 2 articles per month with a free account

Create a free account

or get unlimited access

RECYCLING magazine provides independent, deeply investigated information about all aspects of secondary raw materials.
The magazine has a long track record, it has a history of more than 80 years. The following terms and conditions apply to the use of this website: Terms and Conditions, Privacy Policy and Cookie Policy.