The unexposed photographic paper and paperboard market in Portugal has experienced a noticeable decline from 2013 to 2023, reaching a size of 6.3057 million USD by 2023. Reflecting on recent trends, the market witnessed a decline of 6.61% in 2023 compared to 2022 and a compounded annual growth rate (CAGR) of -7.7% over the past five years. Year-on-year fluctuations have shown variability, with notable drops during years like 2020.
Future trends to watch for include:
- Potential recovery in line with global economic stabilization.
- Innovation in digital solutions that might influence demand.
- Shifts in consumer preferences towards digital media.