Global Digital Inks Market, By Formulation (Solvent-Based, UV-Cured, Water-Based, Oil-Based, Others), By Application (Advertising & Promotion, Packaging, Clothing & Household Textiles, Glass Printing, Publication, Ceramic Tiles Printing, Others), By Substrate (Plastics, Textiles, Paper, Ceramics & Glass, Others) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Digital Inks Market
The Global Digital Inks Market is expected to reach USD 4.75 billion by 2025, from USD 2.26 billion in 2017 growing at a CAGR of 9.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Digital Inks Market
Digital inks are used to print a digital based image directly into multiple media. The demand for digital ink is increasing in textile and printing markets, as it can use for various purposes like restaurants and food services industry are using digitally printed wide-format graphics to increase sales and create awareness about food products and financial services are using it for a promotional product to derive operations and sales. The inks support on-demand printing having short and quick turnaround time thereby resulting in lower costs. According to Paperboard Packaging Council (PPC), in 2015, the North American industry shipped 4.94 million tons of paperboard packaging with an average value per ton of USD 1,765, which is higher than 2013. This above factor proves that the market for Packaging around the globe is growing and will drive the demand for digital ink.
- High demand in digital textile printing inks market
- Rising demand for digital inks from the ceramic tiles industry
- Growing demand for UV-curable digital inks
- Government regulations for the usage of inorganic solvents and toxic metals
- Downfall in the publishing market
Market Segmentation: Global Digital Inks Market
- Advertising & Promotion
- Clothing & Household Textiles
- Glass Printing
- Ceramic Tiles Printing
- Ceramics & Glass
- North America
- South America
- Middle East & Africa
Competitive Landscape: Global Digital Inks Market
The global digital inks market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital inks Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Digital Inks Market
The key players operating in the digital inks market are –
- Sun Chemical
- INX International Ink Co.
- Toyo Ink SC Holdings Co., LTD.
- JK org.
The other players in the market are Fujifilm Holdings Corporation, Marabu, Sensient Technologies Corporation, Nutec Digital Ink, Bordeaux Digital Printink Ltd., Dupont., Torrecid, Siegwerk Druckfarben AG & Co. KGaA, SPGprints, Huntsman International LLC., Dip-Tech, Kornit Digital, AVERY DENNISON CORPORATION, Wikoff Color Corporation, Independent Ink inc., Cabot Corporation, Blue Jade Texink Pvt. Ltd., Megasign, Esmalglass - Itaca Group, Braden Sutphin Ink Company and many more.
Research Methodology: Global Digital Inks Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the Digital Inks market
- Analyze and forecast the Digital Inks market on the basis of formulation, application, and substrate.
- Trends of key regional and country-level markets for the formulation, application, and substrate
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis