Forecast: Printing Inks (Excluding Black) Market Size Value in the UK

The UK market for non-black printing inks showcased varied trends from 2013 to 2023, experiencing both upswings and downturns. Between 2013 to 2017, the market grew steadily, peaking in 2017. Post-2017, fluctuations became more pronounced with a significant dip in 2020 correlated with market disruptions, likely due to the pandemic. From 2021, a recovery trajectory was noted, culminating in a marginal increase in 2023.

In 2023, the market value stood at 556.23 million euros. Over the last two years, there were moderate year-on-year increases of 5.6% in 2022 and 0.32% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years showed a positive average variation of 1.15% per year.

Looking ahead, the market is forecasted to grow at a slow but steady pace, with a five-year forecasted CAGR of 0.27%, indicating a stable market with modest annual growth of 1.36% by 2028.

Future trends to watch for include advancements in eco-friendly inks, increasing demand for specialty inks driven by packaging innovations, and potential market shifts due to digital print technology enhancements. Monitoring these trends will be crucial for stakeholders aiming to capitalize on emerging opportunities.