Forecast: Lithographic and Offset Inks Sales in the US

The sales of lithographic and offset inks in the US have exhibited a downward trend from 2013 to 2023. In 2023, the sales stood at $0.74283 billion, reflecting a significant decrease compared to previous years. The year-on-year variation over the last two years shows a decrease of 4.94% in 2023 and a marginal increase of 0.21% in 2022. The average annual change (CAGR) over the past five years is a decline of 4.68%.

Key trends to watch for in the coming years include:

• Forecasts indicate a continued decline with a 5-year CAGR of -5.03% from 2023 to 2028, resulting in a drop in sales by 22.76% over this period.
• This trend may be attributed to the increasing digitization of media, shifts towards eco-friendly printing technologies, and changes in consumer preferences.
• Technological advancements and innovations in the printing industry that could potentially stabilize or alter market dynamics.