Between 2013 and 2023, the printing ink market in Portugal experienced fluctuating values. The market started at 101.14 million Euros in 2013, peaked at 123.91 million Euros in 2016, and concluded at 109.33 million Euros in 2023. A notable year-on-year growth was observed in 2016 with a 9.63% increase, while significant declines were seen in 2017 and 2019 with reductions of -6.9% and -4.84%, respectively. Over the last two years, variations were minimal, with a slight growth of 0.16% in 2022 and a small decline of -0.41% in 2023. The CAGR for the last five years is -0.13%, indicating a slight downward trend on average.
Future trends to watch for include the adoption of eco-friendly inks, advancements in digital printing technologies, and potential market expansions driven by the growth of packaging and labeling industries. Monitoring these trends will be crucial for stakeholders to capitalize on emerging opportunities in the market.
How does Portugal 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% | |
| 8 | 8 Belgium | 97,166,000 | 2023 | -2.74% | +1.48% | View data |
| 9 | 9 Romania | 52,409,000 | 2023 | +4.74% | +5.36% | View data |
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