In 2023, the sold production of printing onto textiles in Germany stood at approximately 108 million euros, marking the beginning of a forecasted decline. From 2024 to 2028, the projected figures indicate a steady year-on-year decline in value, starting at 100.17 million euros in 2024 and decreasing to 67.176 million euros in 2028. The most significant changes occur between 2025 and 2028, with consistent decreases each year. The compound annual growth rate (CAGR) over these years reflects a negative trend, averaging a significant decline per year.
Future trends to watch for include:
- The impact of technological advancements in printing methods, which could drive efficiency and cost-effectiveness, potentially mitigating the decline.
- Shifts in consumer preferences towards sustainable and eco-friendly printing practices, influencing market dynamics.
- Influence of global economic conditions on industrial production and export capabilities of Germany.
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