Black Printing Inks Market Size Volume in the UK

The Black Printing Inks market volume in the UK has shown significant fluctuations over the years. Starting from 26.328 million kilograms in 2012, it largely declined with minor recoveries in certain years. Notably, after reaching a peak of 26.176 million kilograms in 2015, the market experienced a steep decline, particularly in 2016 and 2017, recording double-digit negative year-on-year variations. A temporary increase in 2018 saw the market volume edge up to 19.0 million kilograms, only to fall again in the subsequent years. By 2022, the volume stood at 14.274 million kilograms.

Analysing recent trends, there was a slight recovery in 2021 with a 7.17% increase year-on-year, but this was followed by a minor drop of 1.75% in 2022. The compound annual growth rate (CAGR) over the last five years indicates an overall decline, averaging -3.65% annually.

Future trends to watch for:

• The increasing shift towards digital mediums, potentially reducing demand for traditional printing inks.
• Environmental concerns driving innovations in sustainable and eco-friendly ink formulations.
• Technological advancements in printing methods, which may affect the volume requirements of traditional black printing inks.