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Report
Global Ink Market Report and Forecast 2023-2028
Market Report I 2023-09-28 I 154 Pages I EMR Inc.
Global Ink Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global ink market reached a value of USD 21.85 billion in 2022. Aided by the technological advancements, the diversity of applications, and the steady rise of print media in various sectors, the market is projected to further grow at a CAGR of 2.90% between 2023 and 2028 to reach a value of USD 25.94 billion by 2028.
Inks, with their history tracing back to ancient civilisations, are liquid or paste substances used to colour surfaces, be it paper, fabric, or other materials. These substances have witnessed dramatic transformations over the ages, evolving from rudimentary plant-based concoctions to sophisticated, chemically formulated solutions to cater to diverse applications, from writing and drawing to printing and dyeing.
One of the primary drivers of the ink market growth is the burgeoning printing industry. Despite the advent of digitalization, traditional printing, especially in sectors like publishing, advertising, and packaging, remains a significant consumer of inks. The tangible feel of printed materials, combined with the sensory experience they offer, ensures that print media retains its charm and efficacy.
Additionally, technological advancements have further propelled the ink market demand. The rise of digital printing technologies has led to the demand for specialised inks that offer precision, vibrant colours, and compatibility with various substrates. UV-curable inks, solvent-based inks, and water-based inks have seen significant demand in recent years due to their respective benefits and applications.
The art and design sector, too, contributes substantially to the market expansion. The increasing popularity of hand-made arts, crafts, and personalised gifts has propelled the demand for high-quality inks that cater to artists and designers.
On the industrial front, inks find extensive use in product packaging and further adds value to the ink market size. With the consumer goods market expanding, there's a continuous need for attractive, durable, and informative packaging. Inks play an instrumental role in this, ensuring that products stand out on the shelves, provide necessary information, and remain aesthetically pleasing throughout their shelf life.
Further bolstering the market's growth is the demand for inks in innovative applications. For instance, the electronics industry is experimenting with conductive inks for flexible circuits. The textile industry, on the other hand, leans on inks for fabric printing and design. As per the ink market analysis, the cosmetic industry, too, contributes to the market with the growing popularity of tattoos and semi-permanent makeup.
Market Segmentation
The market can be divided based on technology, ink type, application, and region.
Market Breakup by Technology
- Lithographic
- Flexographic
- Gravure
- Digital
- Letterpress
- Others
Market Breakup by Ink Type
- Oil Based
- Solvent Based
- Water Based
Market Breakup by Application
- Label and Packaging
- Commercial Printing
- Publications
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global ink market. Some of the major players explored in the report by Expert Market Research are as follows:
- ALTANA
- Dow
- Sun Chemical
- Central Ink Corporation
- Flint Group
- Akzo Nobel N.V.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ink Market Analysis
8.1 Key Industry Highlights
8.2 Global Ink Historical Market (2018-2022)
8.3 Global Ink Market Forecast (2023-2028)
8.4 Global Ink Market by Technology
8.4.1 Lithographic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Flexographic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Gravure
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Digital
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Letterpress
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Ink Market by Ink Type
8.5.1 Oil Based
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Solvent Based
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Water Based
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Ink Market by Application
8.6.1 Label and Packaging
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Commercial Printing
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Publications
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Ink Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Detailed Process Flow
12.2 Operations Involved
12.3 Mass Balance
13 Project Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Machinery
13.4 Machinery Pictures
13.5 Raw Material Requirements and Expenditures
13.6 Raw Material and Final Product Pictures
13.7 Packaging Requirements and Expenditures
13.8 Transportation Requirements and Expenditures
13.9 Utility Requirements and Expenditures
13.10 Manpower Requirements and Expenditures
13.11 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players' Market Share
16.3 Company Profiles
16.3.1 ALTANA
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 Dow
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Sun Chemical
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Central Ink Corporation
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Flint Group
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 Akzo Nobel N.V.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Certifications
16.3.7 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Ink Market: Key Industry Highlights, 2018 and 2028
2. Global Ink Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. Global Ink Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. Global Ink Market Forecast: Breakup by Ink Type (USD Billion), 2023-2028
5. Global Ink Historical Market: Breakup by Ink Type (USD Billion), 2018-2022
6. Global Ink Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Ink Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Ink Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Ink Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Ink Market Structure
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