With 12.48% CAGR, Printing Inks Market slated to attain USD 21.26 billion by 2029
The report gives a comprehensive look at the growth of the industry, its competitive landscape and trends.
Exactitude Consultancy has published a research report on Printing Inks Market, 2023. The study aims to provide an overview of the major factors that have impacted the market over the last few years as well as the future market opportunities on which companies can rely. The report looks at the market’s drivers and restrictions. The report contains extensive data about factors that are expected to boost the growth of this market during the next few years, from 2023-2029. It provides players with information on production, revenue, consumption, and other strategic trends to help them improve their sales and grow in the global Printing Inks industry.
Market Overview 2023-2029:
Historical Market Size 7.38 billion by 2022
Forecast CAGR for 2023-2029: 12.48%
Forecast Market Size USD 21.26 Billion by 2029
Enjoy Exclusive Sample Pages Printing Ink Market:
Market Dynamics
Drivers
- Packaging Industry to Increase Adoption
Packaging and labels will be the largest application segment of global printing pigments in 2020. They will represent more than 47.72% volume share of global printing pigments in 2020.
However, due to rapid urbanization and consumers’ increasing digitalized needs, the application scope of printing inks has shifted from commercial printing and publication to the packaging industry. In the packaging industry, printing inks can be used to create attractive packaging for customers. It is one of most effective marketing and promotion methods.
Flexible packaging offers more customization options. Food and beverage companies are driving the demand for flexible packaging. This is also aided by a strong growth in the category of snacks and confectionery. Furthermore, rising food demand as a result of the world’s growing population is one of the key trends fueling the growth of the flexible packaging industry.
- The demand for energy-curing inks is increasing among end-user industries
The thriving demand for energy-curing inks in printing & packaging applications is another major factor driving the growth of the printing inks market. These inks are popular worldwide because of their excellent properties, low/zero volatile organic content (VOC), as well as the wide range of applications they can be used for.
These inks are more expensive to set up initially. In order to reduce costs, companies are adopting new technologies. Flint Group, as an example, created new UV labels, like the Ultraking XCURA, that consume minimal energy during the curing procedure.
Restraints
- Strict Regulations For Toxic Solvents
Volatile Organic Compounds (VOCs), which are widely used in technical printing inks, must comply with a number of legislation and statutory regulations. These organic substances, which are commonly used in printing inks for technical purposes, are subjected to a variety of federal and state regulations that aim to reduce VOC emissions and limit human exposure to toxic chemicals.
However, rising awareness of the presence of e-books, as well as stringent government environmental regulations on ink production, are restraining the printing inks market’s growth. The emission of toxic metals and volatile organic compounds present in certain printing inks also hinders market growth.
Opportunities
Globally, the demand for commercial printing/publishing inks is expected increase due to the combination of technological advancements, as well as the growing printing industry. Furthermore, the printing industry’s need for short-run production for printed resources such as direct mail, books, catalogs, and brochures is thriving commercially.
Due to an increase in promotional materials being used by the food, beverage and retail industries, it is expected that demand for printing inks will rise. Retail business is included under print advertising because the commercial printing/publishing applications segment is influenced by various promotional events.
What New Features Are Coming in 2023
- Detailled industry outlook
- Information on the company players
- Request a customized report and receive analyst support
- Recent market developments and it’s futuristic growth opportunities
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Who will win?
The Printing Inks Market is dominated by the leading players who are focusing on capacity expansion and production development. The global market is dominated by key players, who account for 20-30%.
Some Key Competitors of the Market are – Wikoff Color Corporation, T&K TOKA Corporation, Flint Group, Sakata INX Corporation, Huber Group, Sun Chemical Corporation, Zeller+Gmelin GmbH & Co. KG, ALTANA AG, and TOYO Ink Group
01 Nov 2022: Fujifilm Integrated Inkjet Solutions, a leading provider of integrated inkjet solutions, has introduced the 12K printbar system. This new technology allows for variable data printing on demand. It is aimed at packaging markets. The 12K Printbar system is designed to integrate inkjet technology into existing production equipment. It offers 4-color printing in a compact format that only requires 21in (53cm) of space along the print direction.
On January 10, 2022Sun Chemical has acquired SAPICI. Sun Chemical’s integrated supply strategy in the packaging sector is strengthened by this purchase, which adds capabilities to develop and create new polymers for the company’s whole array of inks, coatings, and laminating adhesives.
The study objectives are:
✔ This report offers a detailed analysis of key players in the Printing Inks Market, including their respective data.
✔ Included are product portfolios, revenue, spending on R&D, geographic location, recent developments and growth strategies.
✔ The regional analysis includes insights into the dominant markets and their respective market shares.
✔ The report also covers various socio-economic aspects that affect the growth of the regional market.
✔ The report provides a detailed insight into the different stakeholders in value chains, such as suppliers of raw materials, distributors and stockholders.
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Printing Inks Market Segmentation
Market for Printing Ink by Printing Process 2023-2029 (USD Million), Kilograms
- Lithographic Inks
- Flexographic Inks
- Digital Inks
- Gravure Inks
- You can also find out more about Other
Printing Ink Market, by Application, (2023-2029), (USD million), (Kilograms)
- Packaging
- Publication and Commercial Printing
- Decorative Printing
Printing Ink market by product type, 2023-2029. (USD million), (Kilograms)
- Solvent Based
- Water Based
- Oil Based
Global Printing Inks Market Analysis By Regions –
– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
This study offers quantitative and qualitative assessments of the Printing Inks industry and provides suggestions for strategies to promote market growth and success. Market assesses all the key market elements, taking into consideration the current state of the industry, customer preferences, business plans of participants, and possible future developments.
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The world’s leading players in the market are characterized by their innovation and main carriers.
The Client Focus Area of this Report is:
This report takes into account the impact that COVID-19 and Russia-Ukraine on the world market.
Yes. COVID-19 as well as the Russia-Ukraine war were taken into consideration in the research because of the significant impact they had on global grant chain relations and the raw cloth rate system. The effects of the pandemic, and the war on the business are also discussed in great detail.
Can I trade the report’s scope and make it my very own to meet my needs?
Yes. Our clients’ multidimensional, deep level, and great needs can help them hold market opportunities precisely, easily confront market challenges and formulate market strategies correctly, as well as act quickly.
How was the list of essential players for the file created?
We will learn about both the large, global organizations as well as the small and medium sized groups in the region that play an essential role and are capable of a great deal more growth.
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Printing Inks Industry: Key Takeaways
– In-depth assessment of the product, application, and regional segments
– Simplified and insightful comprehensive market analysis
– Evaluation of growth derivatives, crucial constraints, opportunities, and challenges
– Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
– Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends
– Exact Printing Inks industry valuation
– Future forecasts and market estimations followed by a demand to supply ratio projections
– Competitive benchmarking coupled with competitive analysis
– Key strategic initiatives fuelling market growth
– Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies
Important Points from the Table of Contents:
- Introduce yourself
- Research Scope
- Market Segmentation
- Research Methodologies
- Definitions and Assumptions
- Executive Summary
- Printing Inks Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Global Statistics — Key Countries
- New product launches
- Pipeline Analysis
- Regulatory Scenario — Key Countries
- Recent Industry Developments — Partnerships, Mergers and Acquisitions
- Global Market Analysis: Insights, Forecasts and Analysis
- Key Findings/ Synthesis
- Printing Inks Market Analysis — By Product Type
- Market Analysis — By Distribution Channel
- Market Analysis — By Countries/Sub-regions
- Competitive Analysis
- Key Industry Developments
- Global Printing Inks Market share Analysis
- Competition Dashboard
- Comparative Analysis — Major Players
- Company Profiles
- View the full article
- Products and Services
- SWOT Analysis
- Recent developments
- Major Investments
- Demand and market size in regional markets
- Strategic Recommendations
TOC Continued……………….
Researchers also shed light on the global analysis of Intelligent Printing Inks. The research report assesses also the long-term patterns, platforms and trends that support market growth. The research report also assesses competitiveness. The market has been thoroughly examined using SWOT analysis and Porter’s five scanning. This helps in managing company risks and obstacles. This includes extensive research on sales techniques.
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