The market size for printing inks (excluding black) in Germany has shown a fluctuating trend over the past decade. Starting at 1.0328 billion Euros in 2012, it experienced minor declines in the following years, with values dipping to 1.0098 billion Euros in 2013 and slightly recovering to 1.0334 billion Euros in 2014. A significant drop was observed in 2015 to 0.95117 billion Euros, followed by a further decrease to 0.82926 billion Euros in 2016. This downturn began to reverse with positive year-on-year variations from 2017 onwards, peaking at 0.97191 billion Euros in 2019 before stabilizing around 0.96 billion Euros in the subsequent years. The year 2022 closed with a market value of 0.95409 billion Euros. For 2023, the market value stood close to the recent figures, suggesting further stabilization.
The latest Compound Annual Growth Rate (CAGR) over the last five years indicates a slight positive trend, signaling gradual recovery and stabilization post-2016. Year-on-year variations showed recovery periods, especially notable between 2017 and 2019, and slight fluctuations in recent years.
Looking forward to 2024 and beyond, the market is expected to maintain stability with potential for growth. Future trends to watch include advancements in printing technologies, increased demand for eco-friendly inks, and potential geopolitical and economic factors that may impact raw material availability and pricing.
How does Germany rank in Printing Inks (Excluding Black) Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 922,070,000 | 2023 | -2.13% | -0.035% | |
| 2 | 2 Italy | 721,040,000 | 2023 | +1.85% | -0.4% | View data |
| 3 | 3 United Kingdom | 556,230,000 | 2023 | +0.32% | +1.15% | View data |
| 4 | 4 Spain | 306,560,000 | 2023 | -0.013% | +0.029% | View data |
| 5 | 5 France | 282,610,000 | 2023 | -4.39% | -5.1% | View data |
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