The turnover in Germany's printing sector has experienced significant fluctuations over the past decade. From 2013 to 2019, the market saw various ups and downs, with turnovers peaking in 2016 and 2019. The COVID-19 pandemic in 2020 caused a sharp decline of 19%, followed by modest recoveries in the subsequent years. The turnover in 2023 stood at 14.39 Billion Euros, marking a 2.37% increase from the previous year.
Looking ahead, the forecast indicates a gradual decline, with a projected compound annual growth rate (CAGR) of -1.24% from 2023 to 2028. By 2028, the turnover is expected to be around 13.31 Billion Euros, reflecting an overall decrease of 6.06% over five years.
Future trends to watch for:
- Technological advancements in digital printing
- Increasing demand for sustainable and eco-friendly printing solutions
- Impact of global economic conditions and supply chain disruptions
- Shift towards online publishing and digital media consumption
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