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Digital Ink Market Report by Type, Technology Type, Formulation, Substrate, and Region 2024-2032

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    Report

  • 135 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5742844
Description Jump to:
The global digital ink market size reached US$ 2.5 Billion in 2023. Looking forward, the market is projected to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.01% during 2023-2032.

Digital ink refers to a type of ink that is utilized in the digital printing process. This process allows handwriting and drawings to be added electronically to substrates or documents. Some of the widely available types of digital ink include UV curing, water-based, oil-based, solvent-based, etc. They offer numerous benefits such as lesser paper requirements, easy options for copying and pasting, unlimited use of multiple-colored inks, etc. Digital ink also provides high speed and superior print quality for images, graphics, and text. Owing to this, it has several applications in automotive and technical markings, construction, packaging, promotional materials, textiles, etc.

Digital Ink Market Trends

The elevating use of digital ink in the food packaging sector to describe the composition, shelf-life, nutritional value, pricing, etc., of the product is primarily driving the global digital ink market. Additionally, the growing demand for UV-curable digital inks on account of their beneficial characteristics, such as fast drying, low volatile organic compound (VOC) content, eco-friendly qualities, etc., is further augmenting the market growth. Besides this, the shifting consumer preferences from analog printing towards digital alternatives for shorter print runs and to meet the requirement for a faster turnaround in the graphic printing segment are acting as significant growth-inducing factor.

Furthermore, the increasing usage of digital ink for tile printing applications in the construction sector owing to its numerous benefits, such as rational ink management, non-contact decoration, ability to print textured surfaces and produce high-quality images, etc., is stimulating the market growth. Additionally, several automobile manufacturers are using vehicle wraps and graphic covers for marketing and promotional objectives.

These covers also protect automobiles from scratches and dents during minor accidents, which, in turn, is further propelling the demand for digital inks. Numerous other factors, including the widespread availability of digital inks in varying hues, introduction of advanced technologies that eliminate waste reduction, and emerging popularity of eco-friendly ink variants, are expected to drive the global digital ink market over the forecast period.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global digital ink market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, technology type, formulation and substrate.

Breakup by Type:

  • Digital Textile Ink
  • Sublimation Ink
  • Disperse Ink
  • Textile Pigment Ink
  • Reactive Ink
  • Acid Ink
  • UV Ink
  • Rigid UV Ink
  • Universal UV Ink
  • Flexible UV Ink
  • Solvent Ink
  • Eco Solvent
  • Others
  • Water-Based Ink
  • Dye Ink
  • Pigment Ink
  • Packaging Ink
  • Label Ink
  • Soft Packaging Ink
  • Others
  • Others

Breakup by Technology Type:

  • Electrography
  • Ink-Jet

Breakup by Formulation:

  • Solvent-based
  • Water-based
  • UV-cured
  • Others

Breakup by Substrate:

  • Textile
  • Plastics
  • Ceramic and Glass
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bordeaux Digital PrintInk Ltd., Cabot Corporation, DIC Corporation, Dover Corporation, Dupont De Nemours Inc., FUJIFILM Holdings Corporation, INX International Ink Co. (Sakata Inx Corporation), Marabu GmbH & Co. KG, Nazdar Company Inc., NUtec Digital Ink (Pty) Ltd., Toyo Ink SC Holdings Co. Ltd. and Wikoff Color Corporation.

Key Questions Answered in This Report

1. What was the size of the global digital ink market in 2023?
2. What is the expected growth rate of the global digital ink market during 2024-2032?
3. What are the key factors driving the global digital ink market?
4. What has been the impact of COVID-19 on the global digital ink market?
5. What is the breakup of the global digital ink market based on the type?
6. What is the breakup of the global digital ink market based on the technology type?
7. What is the breakup of the global digital ink market based on formulation?
8. What is the breakup of the global digital ink market based on the substrate?
9. What are the key regions in the global digital ink market?
10. Who are the key players/companies in the global digital ink market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Digital Ink Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Digital Textile Ink
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Sublimation Ink
6.1.2.2 Disperse Ink
6.1.2.3 Textile Pigment Ink
6.1.2.4 Reactive Ink
6.1.2.5 Acid Ink
6.1.3 Market Forecast
6.2 UV Ink
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Rigid UV Ink
6.2.2.2 Universal UV Ink
6.2.2.3 Flexible UV Ink
6.2.3 Market Forecast
6.3 Solvent Ink
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Eco Solvent
6.3.2.2 Others
6.3.3 Market Forecast
6.4 Water-Based Ink
6.4.1 Market Trends
6.4.2 Key Segments
6.4.2.1 Dye Ink
6.4.2.2 Pigment Ink
6.4.2.3 Packaging Ink
6.4.2.4 Label Ink
6.4.2.5 Soft Packaging Ink
6.4.2.6 Others
6.4.3 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Technology Type
7.1 Electrography
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Ink-Jet
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Formulation
8.1 Solvent-based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Water-based
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 UV-cured
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Substrate
9.1 Textile
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Plastics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Ceramic and Glass
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Bordeaux Digital PrintInk Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Cabot Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 DIC Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Dover Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Dupont De Nemours Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 FUJIFILM Holdings Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 INX International Ink Co. (Sakata Inx Corporation)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Marabu GmbH & Co. KG
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Nazdar Company Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 NUtec Digital Ink (Pty) Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Toyo Ink SC Holdings Co. Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Wikoff Color Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Digital Ink Market: Major Drivers and Challenges
Figure 2: Global: Digital Ink Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Digital Ink Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Digital Ink Market: Breakup by Type (in %), 2023
Figure 5: Global: Digital Ink Market: Breakup by Technology Type (in %), 2023
Figure 6: Global: Digital Ink Market: Breakup by Formulation (in %), 2023
Figure 7: Global: Digital Ink Market: Breakup by Substrate (in %), 2023
Figure 8: Global: Digital Ink Market: Breakup by Region (in %), 2023
Figure 9: Global: Digital Ink (Digital Textile Ink) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Digital Ink (Digital Textile Ink) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Digital Ink (UV Ink) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Digital Ink (UV Ink) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Digital Ink (Solvent Ink) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Digital Ink (Solvent Ink) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Digital Ink (Water-Based Ink) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Digital Ink (Water-Based Ink) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Digital Ink (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Digital Ink (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Digital Ink (Electrography) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Digital Ink (Electrography) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Digital Ink (Ink-Jet) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Digital Ink (Ink-Jet) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Digital Ink (Solvent-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Digital Ink (Solvent-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Digital Ink (Water-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Digital Ink (Water-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Digital Ink (UV-cured) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Digital Ink (UV-cured) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Digital Ink (Other Formulations) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Digital Ink (Other Formulations) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Digital Ink (Textile) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Digital Ink (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Digital Ink (Plastics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Digital Ink (Plastics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Digital Ink (Ceramic and Glass) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Digital Ink (Ceramic and Glass) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Digital Ink (Other Substrates) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Digital Ink (Other Substrates) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Digital Ink Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Digital Ink Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Digital Ink Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Digital Ink Industry: SWOT Analysis
Figure 89: Global: Digital Ink Industry: Value Chain Analysis
Figure 90: Global: Digital Ink Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Digital Ink Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Digital Ink Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Digital Ink Market Forecast: Breakup by Technology Type (in Million US$), 2024-2032
Table 4: Global: Digital Ink Market Forecast: Breakup by Formulation (in Million US$), 2024-2032
Table 5: Global: Digital Ink Market Forecast: Breakup by Substrate (in Million US$), 2024-2032
Table 6: Global: Digital Ink Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Digital Ink Market: Competitive Structure
Table 8: Global: Digital Ink Market: Key Players

Companies Mentioned

  • Bordeaux Digital PrintInk Ltd.
  • Cabot Corporation
  • DIC Corporation
  • Dover Corporation
  • Dupont De Nemours Inc.
  • FUJIFILM Holdings Corporation
  • INX International Ink Co. (Sakata Inx Corporation)
  • Marabu GmbH & Co. KG
  • Nazdar Company Inc.
  • NUtec Digital Ink (Pty) Ltd.
  • Toyo Ink SC Holdings Co. Ltd.
  • Wikoff Color Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages135
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 2.5 Billion
Forecasted Market Value ( USD ) by 2032 $ 4.6 Billion
Compound Annual Growth Rate7.0%
Regions CoveredGlobal
No. of Companies Mentioned12

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