According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Next-Generation Printing Ink Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Next-Generation Printing Ink Market Analysis and Size
The Global Next-Generation Printing Ink Market size is valued at USD 6,457.8 million in 2023 and is projected to reach USD 9,456.5 million By 2030.
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Some of the major players operating in the Next-Generation Printing Ink Market are Mimaki Engineering Co., Ltd., Altana AG, Kornit Digital Ltd., DuPont de Nemours, Inc., Flint Group, DIC Corporation, Huntsman Corporation, Domino Printing Sciences PLC, FUJIFILM Holdings Corporation, Memjet, Sakata Inx Corporation, Roland DG Corporation, Arrow Systems Inc, Toyo Ink Co. Ltd., Epson, Sun Chemical, Others.
Next-Generation Printing Ink Market Growth Driver:
Escalating Growth in the Packaging Industry Creating Immense Demand for Next-Generation Printing Inks– There has been significant growth in the packaging sector because of changing consumer needs concerning better and more attractive product packaging. Improving disposable incomes coupled with the evolving consumer lifestyle in developing countries drive the growth of the packaging industry through increased demand for high-quality, unique packaging solutions that help differentiate a product at retail. Besides, the growth of the e-commerce industry has added to the demand for packaging solutions across the globe. The increased trend in online shopping creates an enhanced demand for packaging solutions to ensure delivery without any damage to the products. This has resulted in an increased demand for new, attractive, and aesthetically appealing packaging solutions. Since packaging is used widely as a strategic way of advertisement to attract customers, numerous manufacturers & leading players are massively investing in elaborative & unique packing solutions, which are fueling the demand for printing inks.
Moreover, stringent safety standards in the food and beverage industry increase the need for inks safe for direct food contact, and resistant to dampness and temperature changes. Further, the pharmaceutical and cosmetic industry also demands a high dose of anti-counterfeiting; hence, inks possessing exceptional security properties, such as UV visibility and magnetism, are greatly pursued for the authenticity of their products. Thus, with the surging growth in the packaging industry, demand for next-generating printing inks is also growing at a fast pace, augmenting the market growth.
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Market Segment and Geographical Analysis
By Ink Type
- Aqueous Ink- Market Size & Forecast 2019-2030, Thousand Tons
- Solvent-Based Ink- Market Size & Forecast 2019-2030, Thousand Tons
- UV-Cured Ink- Market Size & Forecast 2019-2030, Thousand Tons
- Eco-Solvent Ink- Market Size & Forecast 2019-2030, Thousand Tons
- Latex-Based Ink- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Invisible Ink, Conductive Ink, Toner, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
By Printing Technology
- Inkjet- Market Size & Forecast 2019-2030, Thousand Tons
- Continuous Inkjet Printing Technology- Market Size & Forecast 2019-2030, Thousand Tons
- Drop-on-Demand Inkjet Printing- Market Size & Forecast 2019-2030, Thousand Tons
- Laser- Market Size & Forecast 2019-2030, Thousand Tons
By Application
- By Apparels- Market Size & Forecast 2019-2030, Thousand Tons
- Direct-to-Garment- Market Size & Forecast 2019-2030, Thousand Tons
- Roll-to-Roll (Fabric) - Market Size & Forecast 2019-2030, Thousand Tons
- Publishing and Printing- Market Size & Forecast 2019-2030, Thousand Tons
- Signage- Market Size & Forecast 2019-2030, Thousand Tons
- Security and Transactional Printing- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Books, Magazines, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
- Packaging- Market Size & Forecast 2019-2030, Thousand Tons
- Signage and Display Graphics- Market Size & Forecast 2019-2030, Thousand Tons
- Corrugated Packaging- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Flexible Packaging, Bottles and Cans, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
- Building and Construction- Market Size & Forecast 2019-2030, Thousand Tons
- Ceramic Tiles- Market Size & Forecast 2019-2030, Thousand Tons
- Decorative Floors (Laminate Flooring) - Market Size & Forecast 2019-2030, Thousand Tons
- Others (Decorative Glass, Wallcoverings, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
- Cosmetics- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Printed Circuit Boards, Automotive, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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