Forecast: Printing Ink Production in Malaysia

Printing ink production in Malaysia has seen significant variation over a decade, reaching 23.83 Thousand Metric Tons in 2023. Post-2016, with a peak of 46.59 Thousand Metric Tons, production has generally declined, except for minor annual upticks in 2020 and 2023. Year-on-year variations reveal major dips including a 23.51% drop in 2022 and an incremental gain of 8.49% in 2023. The compounded average growth rate (CAGR) over the last five years stands at -8.69%, signifying a consistent downward trend.

Future projections (2024-2028) indicate a gradual decline, with a 5-year CAGR of -0.88%, pointing to an average annual decrease of 4.31%. Notable future trends include:

• Technological advancement potentially reducing print reliance.
• Environmental regulations impacting raw material availability.
• Adoption of digital media altering traditional print demands.