As of 2023, the sold production of black printing inks in the UK stood at a certain level which marks the base for future forecasting. The forecast data from 2024 to 2028 indicates a consistent decline in sold production volumes, with values dropping annually. The 5-year compound annual growth rate (CAGR) shows an average decrease each year.
Future trends to watch for include:
- The ongoing digitalization which might further decrease the demand for traditional printing inks.
- Environmental regulations potentially impacting production processes and costs.
- Technological advancements in printing solutions that may alter the current market dynamics.