The production in the service activities related to the printing sector in Portugal experienced fluctuations from 2013 to 2023, with notable impacts observed in 2020 due to a significant 26.76% decline. This drop was followed by a recovery phase, evidenced by increases of 17.28% in 2021 and 8.53% in 2022. By 2023, the sector reached a value of 191.2 Million Euros, marking a 5.11% growth compared to the previous year.
Looking at the compound annual growth rate (CAGR) for the past five years, the sector demonstrated an average annual decline of 0.8%. Forecasts from 2024 to 2028 predict a slow and steady decrease, with a five-year CAGR of -0.2% and an overall decline rate of 1%.
Future trends to watch for include:
- The potential for digital technologies to further impact traditional printing services.
- Emerging environmental regulations that could affect production methods and costs.
- Ongoing economic conditions influencing market demand.
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