Printing Inks Market Size, Share, Global Trends, Forecast to 2028

The global Printing Inks Market accrued earnings worth approximately 2.1 USD Billion in 2020 and is predicted to gain revenue of about 5.1 USD Billion by 2028, is set to record a CAGR of nearly 3.9% over the period from 2021 to 2028. The report offers assessment and analysis of the Printing Inks Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue USD Billion.

Printing Inks Market: Overview

Printing inks comprises of pigments of required colors blended with varnish, oil, and black ink made from carbon & thick linseed oil. In addition to this, printing processes including lithography, rotogravure, digital printing, and flexography also make use of high quality printing inks. Furthermore, key objective of printing inks is to provide messages in a clear cut way along with lucid images and these products are also used for commercial purpose. Huge demand for printing inks in packaging sector will proliferate size of printing inks market over years ahead.

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Printing Inks Market: Growth Dynamics

Massive demand for bio-based printing inks will create lucrative growth avenues for printing inks industry over forecast timespan. In addition to this, humungous product usage in flexible materials, metal cans, and labels & tags will quill expansion of printing inks market over assessment period. Massive use of printing inks in publishing sector will scale up expansion of printing inks industry over years ahead. Large-scale use of printing inks on corrugated cardboard printing, modern letterpress, and folding cartons will translate into prolific expansion of printing inks market in years to come.

Apart from this, swift digitization witnessed in printing inks industry and breakthroughs in printing inks technology will chart a profitable growth curve for printing inks industry over forthcoming years. Additionally, with digital printing providing quick turnaround time and gaining immense popularity in printing inks industry, it is predicted to harvest lucrative growth prospects for printing inks market in years ahead. All these aforementioned factors will help printing inks business enter a new era of growth in next few years. It will also help in inscribing a new landscape of growth for printing inks market in upcoming years.

Moreover, launching of UV curable inks embedded with beneficial features will define a new doctrine (or new line) of growth for printing inks market in coming decade. In addition to this, rise in demand for screen printing will contribute noticeably towards printing inks market size over forecast timeframe. However, outbreak of COVID-19 pandemic and lockdown imposed in various countries to contain spread of the coronavirus can deplete growth of printing inks industry in ensuing years.

Regional Landscape

Asia Pacific To Play Leading Role In Regional Market Growth In 2021-2028

Growth of printing inks market in Asia Pacific over assessment timespan can be attributed to rise in demand for packaging inks in countries such as India, Indonesia, Bangladesh, China, Vietnam, Thailand, and Japan. In addition to this, surge in publishing print product demand across the sub-continent will embellish market growth trends in region. Apart from this, rise in use of rigid & flexible paper as well as cardboard packaging in the emerging economies of region will carve a profitable growth trajectory for printing inks market in Asia Pacific zone.

Flourishing textile industry in countries such as India and China will account massively towards regional market profits over forecasting timeline. Apparently, low product costs, easy access to labor charging lesser wages, and abundant availability of raw material supply will transcend printing inks market elevation in coming timespan.

Printing Inks Market: Report Scope

Competitive Landscape

Some of the leading in the global market include

• Flint Group
• Sakata Inx Corporation
• DIC Corporation
• Fujifilm North America
• SICPA Holding SA
• Toyo Ink SC Holdings Co. Ltd.
• Siegwerk Druckfarben AG & Co. KGaA
• Tokyo Printing Ink Mfg. Co. Ltd.
• Hubergroup
• T&K Toka Co. Ltd.

The global Printing Inks Market is segmented as follows:

By Type

• Modified Rosin
• Modified Cellulose
• PU
• Hydrocarbon
• PA
• Acrylic

By Process

• Gravure
• Lithographic
• Digital
• Flexographic

By Application

• Cardboards
• Flexible Packaging
• Cartons
• Tags & Labels

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa