Over the past decade, the printing ink market in Finland has experienced a consistent decline. Starting with a market size of 87.553 Million Euros in 2012, the value has diminished year by year reaching 41.105 Million Euros in 2022. Noteworthy year-on-year declines were observed consistently, with the largest drops in 2013 and 2014 (-12.03% and -13.67% respectively). Although a slight positive variation was seen in 2017 (2.91%), the negative trend resumed in subsequent years.
The average annual variation over the last five years (CAGR from 2017-2022) highlights a decreasing rate around -7.06%, pointing to an overall downward trajectory. The last two years saw a continuation in this trend, with the market shrinking by -3.05% from 2021 to 2022.
Future trends to watch for include the impact of digital printing technologies, which may further affect traditional ink demand. Additionally, the rise of sustainable and eco-friendly inks along with evolving consumer preferences and regulatory changes could shape market dynamics going forward. As we are in 2024, it is essential to monitor these developments to understand the ongoing and prospective market conditions accurately.
How does Finland 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 |
| 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 |
| 11 | 11 Finland | 37,431,000 | 2023 | -6.2% | -7.3% | |
| 12 | 12 Croatia | 33,139,000 | 2023 | +2.3% | +2.05% | View data |
