The printing ink market in Belgium exhibited significant fluctuations from 2012 to 2022. The market showed steady growth until 2013, with the highest value recorded at 179.76 million Euros. However, a downward trend began post-2014, with substantial yearly declines particularly noticeable in 2017 and 2018. The market partially recovered in 2019 and 2020 but declined again in 2021 and stabilized somewhat in 2022. The Compound Annual Growth Rate (CAGR) over the last five years was -5.64%, indicating an overall declining trend.
Future trends to watch for include:
- Potential innovations in sustainable and digital printing inks.
- Market adaptations post-COVID-19.
- Regulatory changes affecting chemical compositions in inks.
- Advancements and shifts in printing technology.
How does Belgium rank in Printing Ink Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,048,400,000 | 2023 | -2.78% | -0.77% | View data |
| 2 | 2 Italy | 738,270,000 | 2023 | +1.12% | -0.51% | View data |
| 3 | 3 United Kingdom | 680,560,000 | 2023 | +0.32% | +0.88% | View data |
| 4 | 4 France | 379,300,000 | 2023 | -2.53% | -2.09% | View data |
| 5 | 5 Spain | 349,480,000 | 2023 | +0.013% | +0.16% | View data |
| 6 | 6 Poland | 263,030,000 | 2023 | +0.34% | +1.69% | View data |
| 7 | 7 Portugal | 109,330,000 | 2023 | -0.41% | -0.13% | View data |
| 8 | 8 Belgium | 97,166,000 | 2023 | -2.74% | +1.48% | |
| 9 | 9 Romania | 52,409,000 | 2023 | +4.74% | +5.36% | View data |
| 10 | 10 Denmark | 40,723,000 | 2023 | -2.08% | +0.82% | View data |
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