Printing Inks Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Chemical Component, By Type, By Application, By Market Segment, and By Region

The global printing inks market is projected to register growth at a formidable CAGR during the forecast period, 2023-2027. The market growth can be attributed to the high demand for printing inks from several end-user industries, including commercial printing & publishing, flexible packaging, and printing labels. Besides, rapid urbanization in developing economies and ongoing advancements in printing ink technology are supporting market growth. Printing inks products are anticipated to remain in high demand in the coming years, owing to their greater ability to produce text, design, or images. Consumers prefer to relocate to urban areas for improved living conditions and employment prospects. The rising disposable income boosts modern consumption habits, especially consumer desire for packaged goods. Thus, increased demand for printing inks from the packaging industry and other commercial applications are expected to boost the market growth.

Additionally, the demand for packaged goods is growing faster due to the shift in consumer choice toward nuclear families. One example is the increased consumption of food served in small portions. Customers are adopting online sales channel to order goods for everyday necessities because it provides greater comfort and convenience, and the demand for high-quality packaging is increasing as the online sales channel gains in popularity. Major firms are utilizing printed packaging in sophisticated methods to advertise their brands among consumers and attract as many customers as possible, which is anticipated to increase the demand for printing inks.

Players in the printing ink market are making investments in R&D to improve the infrastructure already in place and are finding creative ways to create inexpensive, non-toxic raw materials like modified celluloid, graphene, and carbon for printing inks. Additionally, the global printing inks market is anticipated to benefit from the rising popularity of digital printing and ink-jet printers during the forecast period. The use of digital printing in electrophotography and label manufacturing is also growing rapidly. Digital printing has become quite popular among different brand owners due to its short turnaround time. Applications for folding cartons, flexible packaging, and corrugated packaging are anticipated to rise due to developments in digital printing such as creasing, digital carton cutting, and other completion processes. This is expected to boost the growth of the global printing inks market in the coming years.

The global printing inks market is segmented on the basis of chemical component, type, application, market segment, regional distribution, and competitive landscape. Based on market segment, the market is divided into offset/commercial, digital, packaging, publication, screen graphics, screen industrial, and others. The packaging segment is expected to register the highest growth in the global printing inks market, owing to the rapid expansion of digital printing into label production and electrophotography.

Key players operating in the global printing inks market are 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, among others.

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023-2027

Objective of the Study:

• To analyze the historical growth in the market size of the global printing inks from 2017 to 2023.
• To estimate and forecast the market size of global printing inks market from 2023 to 2027 and growth rate until 2027.
• To classify and forecast the global printing inks market based on chemical component, type, application, market segment, region, and company.
• To identify the dominant region or segment in the global printing inks market.
• To identify drivers and challenges for the global printing inks market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global printing inks market.
• To identify and analyze the profiles of leading players operating in the global printing inks market.
• To identify key sustainable strategies adopted by market players in global printing inks market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers who could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of the Global printing inks market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

This product will be delivered within 1-3 business days.