European Plastics Industry Near Breaking Point as Competitiveness Collapses

European Plastics Industry Near Breaking Point as Competitiveness Collapses

According to Plastics Europe’s latest press release, European plastics manufacturers are facing an unprecedented decline in global competitiveness, with new data revealing a shrinking market share, falling turnover and a stalled transition toward circular production.   EU Plastics Market Share Freefalling Despite Brief Stabilization After a record contraction in 2023 (-7.6%), Europe’s plastics production showed…