Global Printing Ink Market is valued at USD 21.65 Billion in 2021 and expected to reach USD 27.36 Billion by 2028 with the CAGR of 3.4% over the forecast period.
The Detailed Market intelligence report on the Printing Ink Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Printing Ink Market place for the forecast 2020– 2025.
The increasing packaging sector in the developing nations is predicted to significantly add to the development of the market during the coming years.
Printing inks are normally a paste or liquid that is widely employed to color surfaces such as magazines, books, cardboard, ceramic tiles, newspapers, and others to create a text or design. These inks have pigments and dyes, which when mixed with solvent or oil, create a paste. The superior features of printing inks make its way into different applications such as publications, packaging, corrugated cardboards, and commercial printing, among others.
The global printing ink market is divided into resin type, process, and application. By process, the market is divided into flexographic, gravure, digital, lithographic, and others. The market by the resin type is segmented into hydrocarbon, modified rosin, acrylics, modified cellulose, polyurethane, polyamide, and others. The market by the application is further divided into publication & commercial printing, corrugated cardboards, packaging and labels, and others.
The Increasing Requirement For Commercial And Packaging Printing Is Predicted To Have A Positive Effect On The Global Printing ink market
The increasing requirement for commercial and packaging printing is predicted to increase the global printing ink market size all over the world. Furthermore, the increasing packaging sector in the developing nations is also predicted to significantly add to the development of the market during the coming years. On the other hand, the presence of toxic metals in some inks and the volatility in raw material costs can be a main hindering factor to the growth of the market. Moreover, the increasing R&D activities on eco-friendly inks due to the strict laws on the VOC content majorly in Europe and North America is predicted to be a huge opportunity during the forecast years for the market.
|Historical data||2018 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 21.65 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 27.37 Billion|
|Tables, Charts & Figures:||175|
|Artificial Tendons And Ligaments Companies||DIC Corporation, Flint Group, Sakata Inx Corporation, Siegwerk Druckfarben AG & Co. KGaA, T&K Toka, Toyo Ink S.C. Holdings, Sun Chemicals, Wikoff, Color Corporation, Zeller+Gmelin GmbH & Co. KG,, Royal Dutch Printing Ink Factories Van Son|
|Segments Covered||By Type, By Process|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
Asia Pacific Has A Major Share Of The Market And Is Predicted To Develop At A Solid CAGR
The printing ink market is divided across 5 regions: North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Among these, Asia Pacific has a major share of the printing ink market size and is predicted to develop at a solid CAGR. The increasing population and the rising personal disposable revenue in the developing countries are the primary factors powering the development of the printing ink market. In addition to this, the increasing inter-country trade in the area has increased the employment of printing inks in corrugated and packaging boxes which is further contributing to the development of the market. Moreover, with the rising working population, the requirement for on-the-go and processed food products are driving in the area which in turn is contributing to the growth of the market due to the employment of printing inks in stickers and label in the food and beverage sector.
North America is one more dominant area for the market of printing inks showing a string CAGR. The attendance of established end-user sectors paired with the increasing acceptance rate is the major factor powering to this development. Furthermore, the fast-sped lifestyle has increased the requirement for on-the-go food and beverages, which is additionally predicted to power the development in this area. Besides this, the laws by the FDA to show product data in packaging labels is also adding to the development of the market.
The major players comprised in the global printing ink market forecast are.
On Special Requirement Printing Ink Market Report is also available for the below Regions and Country:
Middle East and Africa
Key Benefits for Global Printing Ink Market Report–