Poland Ranked the 5th Largest Fastener Market in Europe

     According to the report of Plus Biznesu Daily, the Polish fastener market is one of the largest fastener markets in Europe and it is also expected to climb to the 3rd largest in a couple of years. There are 120 fastener manufacturers in Poland, whose production value in total reached PLN 1.8 bn in 2018 (over 200% growth since 2005). In 2018, the value of fastener export from Poland was over PLN 1.82 bn.
 
     As of the end of last year, the value of Polish fastener market reached up to PLN 4 bn, making it ranked the 5th largest fastener market in Europe. Poland has outpaced Spain (the previous 5th largest) in recent two years. According to the industrial representative of Poland, Marek Langalis, Poland is very likely to outpace the UK in the following 2-3 years and is very likely to leave France behind in the following 5 years. Also, it is very likely to become the 3rd largest fastener manufacturing country in the EU.