Printing Inks Market By Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

According to TechSci Research, The global printing inks market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. High demand from several end-user industries, including commercial printing & publishing, flexible packaging, printing labels, and rapid urbanization in developing economies, drives the global printing inks market growth. Also, the ongoing advancements in printing ink technology and the growing popularity of the digital printing industry are expected to impact the global printing inks market growth significantly.

Rapid Urbanization Drives the Market Growth

Consumers prefer to move into urban areas in search of better job opportunities and better living standards. The growing disposable income boosts modern consumption patterns, including the demand for packaged goods among consumers. Also, the changing consumer preference to live in nuclear families is accelerating the demand for packaged goods, such as the high consumption of food supplied in small portions. Customers are using the online sales channel to order the products for daily needs as they offer higher comfort and convenience, and the growing popularity of the online sales channel is accelerating the demand for quality packaging. Major brands are using printed packaging in sophisticated ways to garner the maximum customer attraction and promote their brands among consumers, which is expected to boost the global printing inks market growth in the next five years. 

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Advancements in Technology Supports the Market Growth

Printing ink market players invest in research and development activities to upgrade the existing infrastructure and find innovative solutions to develop economical and non-toxic raw materials such as modified celluloid, graphene, and carbon. Also, the growing popularity of digital printing and ink-jet printers are expected to create lucrative growth opportunities for the global printing inks market in the forecast period. Digital printing is expanding at a rapid rate into electrophotography and label production. Digital printing offers several advantages such as quick turnaround time and is very popular among different brand owners. Developments in digital printing such as creasing, digital carton cutting, and other completion techniques are expected to increase folding cartons, flexible packaging, and corrugated packaging applications. Ink-jet printers can be integrated into the existing conversion lines more efficiently than toner systems and offer several advantages such as cost-effectiveness and non-contact to the user. The high efficiency and performance of ink-jet printers and digital printing, along with the growing focus on product innovation by the market players, are expected to boost the global printing inks market growth for the forecast period.


Market Segmentation

The global printing inks market is segmented into chemical component, type, application, market segment, regional distribution, and competitive landscape. Based on chemical component, the global printing inks market is divided into colorant, binders, solvents / water, excipients, and others. Based on type, the global printing inks market is divided into digital, lithographic inks, flexographic inks, rotogravure inks, screen inks, and others. Based on application, the global printing inks market is divided into coating, flexible film, flexible paper, tags & labels, corrugated box, others. Based on market segment, the market is divided into offset / commercial, digital, packaging, publication, screen graphics, screen industrial, and others. To analyze the market based on the region, the global printing inks market is studied in regions namely North America, Europe, Asia-pacific, South America, Middle East and Africa. In terms of country, USA had annual sales of USD3.5 billion in 2021 with sustained demand from flexible packaging segment.

Market Players

Sun Chemical (DIC Group), FlintGroup, Sakata INX, Toyo Ink Co., Ltd., Siegwerk Druckfarben, Hubergroup, T & K Toka Co., Ltd, Tokyo Printing Ink, Fujifilm North America Corporation, SICPA, Altana AG, Dainichiseika Color, Wikoff Color, Yip’s Chemical Holdings, Uflex, Sanchez SA de CV, Marabu GmbH & Co, Xinxiang Wende Xiangchuan, Daihan Ink, Letong Chemical, are the key market players operating in the global printing inks market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Chemical Component

·         Type

·         Application

·         Market Segment

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, France, United Kingdom, Italy, Germany, Spain, China, India, Japan, South Korea, Taiwan, Thailand, Australia, Brazil, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Kuwait

Key companies profiled

Sun Chemical (DIC Group), FlintGroup, Sakata INX, Toyo Ink Co., Ltd., Siegwerk Druckfarben, Hubergroup, T & K Toka Co., Ltd, Tokyo Printing Ink, Fujifilm North America Corporation, SICPA, Altana AG, Dainichiseika Color, Wikoff Color, Yip’s Chemical Holdings, Uflex, Sanchez SA de CV, Marabu GmbH & Co, Xinxiang Wende Xiangchuan, Daihan Ink, Letong Chemical

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global printing inks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Printing Inks Market, By Chemical Component:
    • Colorant
    • Binders
    • Solvents / Water
    • Excipients
    • Others
  • Printing Inks Market, By Type:
    • Digital
    • Lithographic inks
    • Flexographic inks
    • Rotogravure inks
    • Screen inks
    • Others
  • Printing Inks Market, By Application:
    • Coating
    • Flexible Film
    • Flexible Paper
    • Tags & Labels
    • Corrugated Box
    • Others
  • Printing Inks Market, By Market Segment:
    • Offset / Commercial
    • Digital
    • Packaging
    • Publication
    • Screen Graphics
    • Screen Industrial
    • Others
  • Printing Inks Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • United Kingdom
      • Italy
      • Germany
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • UAE
      • Saudi Arabia
      • Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global printing inks market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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