Digital Inks Market Is Expected to Boom during forecast period 2022-2029
Digital Inks Market was valued at US$ 3.92 Bn in 2022, and is expected to reach US$ 7.50 Bn by 2029, at a CAGR of 9.7 % during forecast period.
Digital Inks Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Digital Inks Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Digital Inks market and its component manufacturers over the next decade.
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Digital Inks Market Values
The digital inks market is valued at approximately $2.5 billion as of 2023 and is projected to grow significantly in the coming years. With an estimated compound annual growth rate (CAGR) of around 7%, the market is expected to surpass $4 billion by 2030. This growth is driven by the increasing demand for digital printing across various industries, including packaging, textiles, advertising, and publishing. Advances in ink formulations, which enhance print quality, durability, and versatility, are also contributing to market expansion.
Digital Inks Market Scope
The scope of the digital inks market encompasses a detailed analysis of its diverse segments and growth drivers. This includes various ink types such as UV-cured, water-based, solvent-based, and dye sublimation inks, each tailored for specific applications and printing technologies. The market is segmented by application, covering key industries like packaging, textiles, advertising, and publishing, where digital inks are increasingly replacing traditional printing methods. Geographic analysis spans major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, highlighting regional demand patterns, regulatory landscapes, and market opportunities.
Digital Inks Market Dynamics
The report also helps in understanding Digital Inks Digital Inks market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in market.
Digital Inks Market Segmentation
by Formulation
Solvent-Based
Water-Based
UV-Cured
Others
by Substrate
Plastics
Ceramics & Glass
Textiles
Paper
Based on the formulation, solvent-based segment is projected to account for the largest share of the market in 2017. Solvent-based digital inks are the most cost-effective digital inks and are extensively used in advertising & promotion, ceramics tiles printing, and packaging applications.
by Application
Advertising & Promotion
Ceramic Tiles Printing
Packaging
Clothing & Household Textiles
Glass Printing
Publication
Others
Digital Inks Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
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Digital Inks Market Key Players
1. Sun Chemical
2. Inx International Ink
3. Toyo Ink SC Holdings Co.
4. JK Group
5. Nazdar Company
6. Fujifilm Holdings Corporation
7. Marabu
8. Sensient Imaging Technologies
9. Nutec Digital Ink
10. Bordeaux Digital Printink Ltd.
11. Dupont
12. Torrecid
13. Siegwerk
14. Spgprints
15. Huntsman Corporation
16. Dip-Tech
17. Kornit Digital
18. Avery Dennison
19. Wikoff Color Corporation
20. Independent Ink
21. Cabot Corporation
22. Blue Jade Texink Pvt. Ltd.
23. Megasign
24. Esmalglass - Itaca Group
25. Braden Sutphin Ink Compan
Table of content for the Digital Inks Market includes:
Part 01: Executive Summary
Part 02: Scope of the Digital Inks Market Report
Part 03: Digital Inks Market Landscape
Part 04: Digital Inks Market Sizing
Part 05: Digital Inks Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Digital Inks market report comprises an extensive analysis of the Digital Inks industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Digital Inks Market Report are:
• What is Digital Inks Market?
• What is the forecast period of the Digital Inks Market?
• What is the competitive scenario of the Digital Inks market?
• Which region held the largest market share in the Digital Inks Market?
• What are the opportunities for the Digital Inks Market?
• What are the restraining factors in the Digital Inks market?
• Who are the key players of the Digital Inks market?
Key offerings:
• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Digital Inks
• Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
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