From 2013 to 2017, the sold production of dyes and pigments in France experienced consistent growth, with a significant jump in values. However, from 2018 onwards, the market became more volatile, showing sharp declines and subsequent recoveries. Particularly noteworthy is the drastic drop in 2021 followed by an impressive rebound in 2022. In 2023, the value stood at 476.55 million euros, which represents a slight decline compared to the previous year.
In the last two years, the year-on-year variation shows a stable trend, with a minor decrease of 0.44% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years signifies a modest positive growth at 1.76%.
Forecast data from 2024 to 2028 indicates a slight downward trend with a forecasted 5-year CAGR of -0.35%, reflecting a projected marginal contraction in the market.
Future trends to watch for include advancements in sustainable and eco-friendly pigments, regulatory changes in chemical production, and potential impacts from innovations in alternative coloring technologies.
