The production in the service activities related to the printing sector in Germany has shown a general decline from 2013 to 2023, starting at €3.22 billion and decreasing to €2.14 billion. The trends from 2013 reveal fluctuations, with a notable increase in 2017 and some positive growth in 2020. However, the sector primarily experienced year-on-year declines, particularly from 2018 onwards. Over the last two years, the sector continued its downward trend with a decrease of approximately 3.98% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years averaged at -3.68%.
Looking ahead, the forecast until 2028 suggests a continued decline, reaching €1.71 billion, with a forecast five-year CAGR of -3.58%, indicating an overall decrease of around 16.68%. This further emphasizes the sector's struggle to maintain its market size.
Future trends to watch for:
- Increasing digitization and the shift towards online media and digital printing services.
- Innovations in printing technologies that may potentially boost productivity and reduce costs.
- Sustainability efforts and the adoption of environmentally friendly practices in printing.
- Changes in consumer demand and economic factors that may influence the sector's recovery or further decline.
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