The sold production of printing components in Germany has experienced fluctuating trends over the past decade. After peaking at 464.67 million euros in 2014, there was a notable decline, particularly from 2019 to 2021. This period saw a steep drop, with values falling from 396.44 million euros in 2019 to 357.68 million euros in 2021. Notably, 2020 was the most challenging year, with an 11.95% year-on-year decline. By 2023, the value stood at 376.39 million euros, showing a minor decrease from the previous year.
Year-on-year variations for the past two years were:
- 2022: 5.74%
- 2023: -0.48%
The compound annual growth rate (CAGR) over the last five years was -2.69%, reflecting a consistent downtrend.
Looking ahead, future forecasts predict continued declines, with a 5-year CAGR projected at -2.46% and an overall drop by 2028 to 322.67 million euros, marking an 11.7% decrease from 2023.
Future trends to watch for:
- The impact of digitalization on demand for printed media.
- Potential technological advancements in printing technology.
- Market shifts towards environmentally sustainable printing solutions.
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