Over the past decade, the printing inks (excluding black) market size volume in Slovakia demonstrated significant fluctuations. By 2023, the market volume was 6.6579 million kilograms. Primarily, the market exhibited a declining trend from 2014 to 2019, where it saw year-on-year decreases, notably in 2019 with a 7.21% decline. However, from 2020 onwards, there's been a gradual recovery, supported by consistent year-on-year growth in the past four years. The last five years showed a modest CAGR of 0.38%, indicative of a slow but steady rebound.
Future trends to watch for:
- Further market consolidation as digital printing continues to grow, possibly impacting traditional printing ink volumes negatively.
- Increased demand for eco-friendly and sustainable inks could drive niche market growth.
- The shift towards e-commerce packaging might stimulate demand for specialized printing inks.
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 226,380,000 | 2023 | +0.88% | -0.07% | View data |
| 2 | 2 Italy | 138,930,000 | 2023 | +1.2% | -3.33% | View data |
| 3 | 3 Spain | 64,141,000 | 2023 | +0.29% | +0.19% | View data |
| 4 | 4 Netherlands | 56,476,000 | 2023 | +2.53% | -3.26% | View data |
| 5 | 5 United Kingdom | 49,361,000 | 2023 | -4.84% | -4.93% | View data |
| 9 | 9 Czech Republic | 11,801,000 | 2023 | +0.37% | +2.05% | View data |
| 10 | 10 Hungary | 7,420,100 | 2023 | +0.23% | -0.68% | View data |
| 11 | 11 Slovakia | 6,657,900 | 2023 | +1.27% | +0.38% | |
| 12 | 12 Denmark | 5,478,400 | 2023 | -4.83% | -2.93% | View data |
| 13 | 13 Finland | 5,060,500 | 2023 | -17.13% | -11.26% | View data |
