Between 2013 and 2023, the sold production of printing inks (excluding black) in Germany showed a generally declining trend, starting at around 1.3 billion Euros and decreasing to 1.037 billion Euros by 2023, with intermittent fluctuations. The years 2015, 2016, and 2020 marked notable declines, with year-on-year decreases of nearly 5% and over 9%, respectively.
In 2023, the value stood at 1.037 billion Euros. In the short term, the last two years (2022-2023) witnessed a combined drop of approximately 5.8%, while the five-year CAGR leading up to 2023 was -2.05%, indicating a steady annual decline.
Future trends to watch for:
- Continued decline: With a forecasted five-year CAGR of -1.55%, the sold production value is expected to reach 0.941 billion Euros by 2028.
- Technological advancements: Innovations in digital printing and environmentally-friendly inks may impact market dynamics.
- Market consolidation: Larger players might further consolidate their market position, influencing production scales and strategies.