Printing Inks (Excluding Black) Market Size Volume in the UK

The UK market for printing inks (excluding black) experienced a trend of overall decline from 2012 to 2022. The market size volume decreased steadily from 2012 to 2016, followed by a sharp drop in 2017. Despite minor fluctuations, the overall trend continued downwards, culminating in a significant decrease in 2020, likely influenced by the COVID-19 pandemic. Stabilization occurred in 2021 and 2022, but long-term trends reflect a persistent decline.

Key observations for the last two years (2021-2022):

• - A slight increase in 2021 with a year-on-year variation of 9.21%
• - Minimal growth in 2022 with a year-on-year variation of 0.31%

The compound annual growth rate (CAGR) for the last five years (2017-2022) averaged -2.86%, indicating an ongoing contraction in the market.

Looking ahead, it will be crucial to monitor several future trends:

• - The adoption of digital printing technologies, which may further diminish the demand for traditional inks.
• - Changes in environmental regulations that could impact the formulation and use of printing inks.
• - Potential industry recovery post-pandemic as economies stabilize and production normalizes.