The sold production of printing inks (excluding black) in Spain has experienced varying trends from 2013 to 2023. The overall volume of sold production fluctuated slightly over the years, with notable decreases in 2016 and 2020. Despite the fluctuation, the market saw growth in most years, particularly in 2018 and 2019, leading to 68.334 million kilograms by 2023. This represents a year-on-year growth rate of 1.54% and a CAGR of 1.39% over the last five years.
Looking forward, the forecast until 2028 suggests a steady increase, with a forecasted 5-year CAGR of 1.13%, resulting in a total volume of 73.357 million kilograms by 2028. This indicates moderate but consistent growth in the market.
Future trends to watch for include:
- Increasing adoption of digital printing technologies, which could impact the demand for traditional printing inks.
- Sustainability trends and environmental regulations may influence the types of inks produced and sold.
- Potential supply chain disruptions or innovations that could affect production volumes and market dynamics.
