Digital Inks Market Size, Share, Trends, Growth 2032

Digital Inks Market: Industry Perspective

The global digital inks market size was worth around USD 4.43 billion in 2023 and is predicted to grow to around USD 9.53 billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.90% between 2024 and 2032.

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The study includes drivers and restraints for the digital inks market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the digital inks market on a global level.

Digital Inks Market: Growth Drivers

Digital inks are utilized to print a digital image on a medium by using laser printers or high-volume inkjets. Digital inks come in two types—electrographic inks and inkjet inks. As compared to the electrographic inks, inkjet inks are cost-effective and economic and are commonly used for computer printouts and labels. Electrographic inks are majorly used in photocopy machines and computer laser printers. They provide high speed and excellent print quality for text, images, and graphics. Digital inks are diversely utilized for fine art, variable data printing, advertising, and desktop publishing.

The digital inks market is likely to experience a high rate of growth owing to increasing demand for digital printing applications across the globe. Several beneficial characteristics, such as enhanced customization, improved image resolution, and limited turnaround time, are likely to propel the digital inks market in the forecast timeframe. The increasing demand for digital printing in various industries, such as packaging, clothing, and textiles, is the primary growth factor anticipated to leverage the digital inks market in the upcoming years.

In addition, the ongoing advancements in the ink technology are projected to enhance the future prospects of the digital inks market. The growing popularity of banners, signage’s, wraps, etc. is likely to foster the digital inks market in the future. However, the rising concerns regarding the health hazards caused to the users due to ink toxicity might hamper the digital inks market in the upcoming years.

In order to give the users of this report a comprehensive view of the digital inks market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolios of various companies according to regions.

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Digital Inks Market: Segmentation

The study provides a decisive view of the digital inks market by segmenting the market based on formulation, application.

The digital inks market is segmented on the basis of formulation and application. By formulation, this market includes solvent-based, water-based, and UV-cured. By application, the digital inks market includes advertising and promotion, ceramic tiles printing, clothing, and household textiles, and others.

Digital Inks Market : Report Scope

Digital Inks Market: Regional Analysis

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The Asia Pacific region contributed notably toward the global digital inks market in 2017 and is predicted to dominate in the upcoming years. This can be attributed to the rapid urbanization and ongoing developments witnessed across the region’s construction sector. The demand for corporate branding activities and real estate advertisements is the primary factor likely to fuel the region’s digital inks market in the future. Moreover, the development of environment-friendly inks is further anticipated to boost the industry growth in the region in the upcoming years.

The North American digital inks market is predicted to provide significant growth opportunities in the future, owing to the adoption of 3D digital printing technology, especially in the packaging sector, and technological advancements in printing technology.

Digital Inks Market: Competitive Analysis

The global digital inks market is dominated by players like:

• Sun Chemical
• Nazdar Company
• Marabu
• Toyo Ink SC Holdings Co
• JK Group Inc
• International Ink
• Bordeaux Digital Printing Ltd
• Sensient Imaging Technologies
• Fujifilm Holdings Corporation
• Nutec Digital Ink

This report segments the global digital inks market into:

Global Digital Inks Market: Formulation Analysis

• Solvent-Based
• Water-Based
• UV-Cured

Global Digital Inks Market: Application Analysis

• Advertising and Promotion
• Ceramic Tiles Printing
• Clothing and Household Textiles
• Others

Global Digital Inks Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa