News
Plastics industry - gradual growth expected. More and more new companies join the Plastpol Expo
According to the "Plastics Market Size, Share, and Trends 2024 to 2033. Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033" report prepared by Precedence Research the global plastics market size is estimated at USD 624.84 billion in 2023 and is projected to reach approximately USD 943.76 billion by 2033, growing at a CAGR of 4.21% from 2024 to 2033.
The Plastics Europe Polska Foundation report "PLASTICS – FACTS 2024 IN A NUTSHELL" estimates that global production of plastics in 2023 will increase to 413.8 million tonnes, of which 374.2 million are plastics from non-renewable raw materials, constituting over 90% of the total. The remaining 36.2 million tonnes were post-consumer plastic recyclates (from mechanical recycling) and a further 3.4 million tonnes were bio-based plastics (3.0 million), chemically recycled plastics (0.3 million) and CCU technologies (0.1 million).
The "Annual Report on Plastics - 2024 Facts" of the Plastics Europe Polska Foundation reads that European plastics production in this period dropped from 58.9 to 54.0 million tonnes, delivering a 12% share in the global TS production. Capital expenditure in the plastics and rubber products production sector has been growing at a rate similar to that of the entire industrial processing industry for over 10 years. In 2023, expenditure on them amounted to PLN 7.36 billion, which is more than twice as high as in 2013 (PLN 3.28 billion) - according to the Report.
The European plastics industry, which includes producers of plastics in primary forms, converters and recyclers, and manufacturers of processing machines and equipment, currently comprises nearly 52 thousand companies and entities. Most of these are small and medium-sized enterprises employing over 1.5 million people and generating a turnover exceeding EUR 365 billion.
Faced with the challenges facing European companies, we are working to make our International Fair of Plastics and Rubber Processing more international to attract new companies worldwide. We create an increasingly global business space to provide opportunities to establish new contacts and conquer new markets. We have market our presence at many industry events in Europe, Asia and the Middle East. In May 2024, over 600 exhibitors from 31 countries presented their offers at Plastpol. There are many indications that May 2025 expo will yield even better results - says Kamil Perz, director of the Plastpol project at Targi Kielce. - Indeed, there is great interest in participating in the event The Targi Kielce and Plastpol brands are well known, and companies trust them and want to present their products here. Plastpol's exhibitors' list include many new companies, including large ones, from around the world. They choose the exhibition space. I can reveal that they will put up impressive expo stands - says Kamil Perz.
The 29th International Fair of Plastics and Rubber Processing PLASTPOL - May 20-23, 2025 at Targi Kielce. Registration for exhibitors at targikielce.pl/plastpol