The production in the service activities related to the printing sector in Finland has experienced a significant decline over the last decade, from €80.8 million in 2013 to €30.9 million in 2023. The largest year-on-year decrease occurred in 2014 with a -32.3% change. In contrast, 2015 saw a brief recovery with a 6.22% increase. However, the downward trend resumed, showing consistent negative growth rates, most notably a -10.17% drop in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at -9.46% indicating a persistent decline.
Looking forward, forecasts predict that production will continue to decrease sharply, with values expected to reach €9.4 million by 2028. The 5-year CAGR is projected at -18.72%, representing an overall reduction of 64.53% from current levels.
- Ongoing digital transformation and a shift towards digital media- Changes in customer preferences and demand for environmentally friendly solutions- Technological advancements and automation in the industry- Economic factors influencing the print sector and service activities
