Forecast: Black Printing Inks Market Size Volume in the UK

The black printing inks market in the UK has seen significant changes from 2013 to 2023. The market peaked in 2015 with a value of 26.176 million kilograms, but it's experienced a downward trend ever since. In 2023, the market volume stood at 13.276 million kilograms, marking a significant decline compared to earlier years.

Year-on-year variation over recent years shows a mixed pattern, with a notable drop of 6.99% between 2022 and 2023. The compound annual growth rate (CAGR) over the last five years till 2023 is -6.92%, indicating a consistent decline.

Future trends to watch for include:

- Technological advancements in digital printing reducing demand for traditional black printing inks.- Increased emphasis on sustainability and eco-friendly alternatives.- Shifts towards online content consumption reducing print media usage.

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