Forecast: Turnover in Printing Sector in Belgium

The turnover in Belgium's printing sector has seen significant fluctuations over the past decade. Between 2013 and 2023, values ranged from 1.63 to 2.71 billion euros. Notably, the sector experienced sharp declines in 2015, 2018, and 2020, with year-on-year drops as high as 32% in 2020, followed by a gradual recovery. By 2023, the turnover stood at 2.07 billion euros, marking a 3.17% increase from the previous year and a five-year CAGR of 0.69%. However, forecasts from 2024 to 2028 predict a declining trend, with a projected 5-year CAGR of -3.02% and an overall decrease of 14.21% in turnover by 2028.

Future trends to watch for in the printing sector include the increasing impact of digital transformation, environmental regulations pushing for sustainable printing solutions, and changes in consumer behavior favoring digital media over traditional print. Companies may need to innovate and diversify to remain competitive in this evolving market.