The Croatian printing ink market experienced growth between 2013 and 2023, with the market size increasing from 25.544 million Euros in 2013 to 33.139 million Euros in 2023. After fluctuations in the mid-2010s, the last two years showed steady growth with year-on-year increases of 2.38% in 2022 and 2.3% in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 stood at 2.05%, reflecting slow but steady growth over five years.
Future trends to watch for include:
- Increased adoption of digital printing technologies potentially changing demand dynamics.
- Environmental regulations encouraging shifts towards eco-friendly inks.
- Economic conditions in the EU influencing market expansion opportunities.
How does Croatia rank in Printing Ink Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,048,400,000 | 2023 | -2.78% | -0.77% | View data |
| 2 | 2 Italy | 738,270,000 | 2023 | +1.12% | -0.51% | View data |
| 3 | 3 United Kingdom | 680,560,000 | 2023 | +0.32% | +0.88% | View data |
| 4 | 4 France | 379,300,000 | 2023 | -2.53% | -2.09% | View data |
| 5 | 5 Spain | 349,480,000 | 2023 | +0.013% | +0.16% | View data |
| 10 | 10 Denmark | 40,723,000 | 2023 | -2.08% | +0.82% | View data |
| 11 | 11 Finland | 37,431,000 | 2023 | -6.2% | -7.3% | View data |
| 12 | 12 Croatia | 33,139,000 | 2023 | +2.3% | +2.05% | |