Analysis: The import of black printing ink to Thailand, valued at $29.414 million in 2023, shows a mixed trend from 2013 to 2023. With a historical CAGR of 2% over the past five years, imports have consistently grown. Recent years show variability, with significant drops in 2020 followed by recovery post-pandemic. The forecast from 2024 indicates a moderate CAGR of 1.33%, suggesting stable but modest growth ahead.
Future trends to watch for:
- Technological advancements in printing.
- Shifts in global supply chain dynamics.
- Increasing local production capabilities.
- Environmental regulations and sustainability trends in the printing industry.
