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Specialty Ink Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929367

Specialty Ink Trends and Forecast

The future of the global specialty ink market looks promising with opportunities in the food and beverage, cosmetic and personal care, pharmaceutical, automotive, and consumer electronic markets. The global specialty ink market is expected to reach an estimated $6.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are continual growth in ecommerce sector, rising usage of this ink in packaging and textile application, and expanding preference for water-based and UV curable inks.

Specialty Ink by Segment

The study includes a forecast for the global specialty ink by ink type, application, end use industry, and region.

Specialty Ink Market by Ink Type [Shipment Analysis by Value from 2018 to 2030]

  • Metallic Inks
  • Fluorescent Inks
  • Thermochromic Inks
  • Photochromic Inks
  • Conductive Inks
  • Others

Specialty Ink Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Packaging and Labeling
  • Textiles
  • Electronics
  • Security Printing
  • Publication and Commercial Printing
  • Others

Specialty Ink Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]

  • Food and Beverage
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Automotive
  • Consumer Electronics
  • Others

Specialty Ink Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Specialty Ink Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies specialty ink companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the specialty ink companies profiled in this report include-
  • Sun Chemical
  • Flint
  • Toyo
  • Siegwerk Druckfarben
  • DIC

Specialty Ink Market Insights

The publisher forecasts that metallic ink is expected to witness the highest growth over the forecast period due to its widespread usage in a variety of applications, such as packaging, textiles, and graphic arts to create a metallic or pearlescent effect on a variety of surfaces, such as paper, plastic, and metal.

Within this market, food and beverage is expected to witness the highest growth due to growing usage of specialized ink in this industry to print labels, packaging, and other products with a range of effects, including metallic, fluorescent, and holographic inks.

North America is expected to witness highest growth over the forecast period due to growing popularity of 3D printing and presence of key manufacturers in the region.

Features of the Global Specialty Ink Market

  • Market Size Estimates: Specialty ink market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Specialty ink market size by ink type, application, end use industry, and region in terms of value ($B).
  • Regional Analysis: Specialty ink market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different ink types, applications, end use industries, and regions for the specialty ink market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the specialty ink market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the specialty ink market size?
Answer: The global specialty ink market is expected to reach an estimated $6.4 billion by 2030.

Q2. What is the growth forecast for specialty ink market?
Answer: The global specialty ink market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the specialty ink market?
Answer: The major drivers for this market are continual growth in ecommerce sector, rising usage of this ink in packaging and textile application, and expanding preference for water-based and UV curable inks.

Q4. What are the major segments for specialty ink market?
Answer: The future of the specialty ink market looks promising with opportunities in the food and beverage, cosmetic and personal care, pharmaceutical, automotive, and consumer electronic markets.

Q5. Who are the key specialty ink market companies?
Answer: Some of the key specialty ink companies are as follows:
  • Sun Chemical
  • Flint
  • Toyo
  • Siegwerk Druckfarben
  • DIC
Q6. Which specialty ink market segment will be the largest in future?
Answer: The publisher forecasts that metallic ink is expected to witness the highest growth over the forecast period due to its widespread usage in a variety of applications, such as packaging, textiles, and graphic arts to create a metallic or pearlescent effect on a variety of surfaces, such as paper, plastic, and metal.

Q7. In specialty ink market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing popularity of 3D printing and presence of key manufacturers in the region.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the specialty ink market by ink type (metallic inks, fluorescent inks, thermochromic inks, photochromic inks, conductive inks, and others), application (packaging and labeling, textiles, electronics, security printing, publication and commercial printing, and others), end use industry (food and beverage, cosmetics and personal care, pharmaceuticals, automotive, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Specialty Ink Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Specialty Ink Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Specialty Ink Market by Ink Type
3.3.1: Metallic Inks
3.3.2: Fluorescent Inks
3.3.3: Thermochromic Inks
3.3.4: Photochromic Inks
3.3.5: Conductive Inks
3.3.6: Others
3.4: Global Specialty Ink Market by Application
3.4.1: Packaging and Labeling
3.4.2: Textiles
3.4.3: Electronics
3.4.4: Security Printing
3.4.5: Publication and Commercial Printing
3.4.6: Others
3.5: Global Specialty Ink Market by End Use Industry
3.5.1: Food and Beverage
3.5.2: Cosmetics and Personal Care
3.5.3: Pharmaceuticals
3.5.4: Automotive
3.5.5: Consumer Electronics
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Specialty Ink Market by Region
4.2: North American Specialty Ink Market
4.2.1: North American Specialty Ink Market by End Use Industry: Food and Beverage, Cosmetics and Personal Care, Pharmaceuticals, Automotive, Consumer Electronics, and Others
4.3: European Specialty Ink Market
4.3.1: European Specialty Ink Market by Ink Type: Metallic Inks, Fluorescent Inks, Thermochromic Inks, Photochromic Inks, Conductive Inks, and Others
4.3.2: European Specialty Ink Market by End Use Industry: Food and Beverage, Cosmetics and Personal Care, Pharmaceuticals, Automotive, Consumer Electronics, and Others
4.4: APAC Specialty Ink Market
4.4.1: APAC Specialty Ink Market by Ink Type: Metallic Inks, Fluorescent Inks, Thermochromic Inks, Photochromic Inks, Conductive Inks, and Others
4.4.2: APAC Specialty Ink Market by End Use Industry: Food and Beverage, Cosmetics and Personal Care, Pharmaceuticals, Automotive, Consumer Electronics, and Others
4.5: ROW Specialty Ink Market
4.5.1: ROW Specialty Ink Market by Ink Type: Metallic Inks, Fluorescent Inks, Thermochromic Inks, Photochromic Inks, Conductive Inks, and Others
4.5.2: ROW Specialty Ink Market by End Use Industry: Food and Beverage, Cosmetics and Personal Care, Pharmaceuticals, Automotive, Consumer Electronics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Specialty Ink Market by Ink Type
6.1.2: Growth Opportunities for the Global Specialty Ink Market by Application
6.1.3: Growth Opportunities for the Global Specialty Ink Market by End Use Industry
6.1.4: Growth Opportunities for the Global Specialty Ink Market by Region
6.2: Emerging Trends in the Global Specialty Ink Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Specialty Ink Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Specialty Ink Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Sun Chemical
7.2: Flint
7.3: Toyo
7.4: Siegwerk Druckfarben
7.5: DIC

Companies Mentioned

  • Sun Chemical
  • Flint
  • Toyo
  • Siegwerk Druckfarben
  • DIC

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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