Germany remains the dominant player in the European printing ink market in 2023, holding a 50.39% share by volume, although it experienced a slight decline of 2.44% from the previous year. The Netherlands, holding a 17.51% share, saw a modest increase of 0.35%. Italy's share decreased by 6.54% to 14.89%, while the UK and France held smaller shares at 5.5% and 5.08%, respectively, with the UK showing a decrease of 9.32%, and France a slight growth of 1.46%. The market saw modest growth in Poland (5.88%) and substantial declines in Spain (26.73%) and Denmark (9.55%).
In the long-term, anticipate Germany maintaining its leading position but with a potential decline in dominance as other countries invest in R&D and expansion. Countries like Poland and Romania may emerge as key players due to their recent positive growth trends. Watch for digitalization and sustainability trends as they could shift production landscapes significantly, influencing key markets and altering competitive dynamics across Europe.
Top countries in Sold Production of Printing Ink Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.39 | 2023 | -1.3% | -2.44% | View data |
| 2 | 2 Netherlands | 17.51 | 2023 | +6.94% | +0.35% | View data |
| 3 | 3 Italy | 14.89 | 2023 | -1.12% | -6.54% | View data |
| 4 | 4 United Kingdom | 5.5 | 2023 | -11.14% | -9.32% | View data |
| 5 | 5 France | 5.08 | 2023 | +8.67% | +1.46% | View data |
| 6 | 6 Poland | 2.4 | 2023 | +2.7% | +5.88% | View data |
| 7 | 7 Spain | 1.86 | 2023 | -22.42% | -26.73% | View data |
| 8 | 8 Belgium | 1.46 | 2023 | +7.22% | -0.55% | View data |
| 9 | 9 Austria | 0.87 | 2021 | -7.29% | View data | |
| 10 | 10 Finland | 0.62 | 2023 | -3.08% | -5.48% | View data |