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Report Overview
The global ink market size reached a value of nearly USD 22.48 billion in 2023. The market is further expected to grow at a CAGR of 2.90% in the forecast period of 2024-2032 to reach approximately USD 29.08 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Ink Market Competitive Landscape
The report gives a detailed analysis of the following key players in the global ink market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ALTANA
- Dow
- Sun Chemical
- Central Ink Corporation
- Flint Group
- Akzo Nobel N.V.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Ink Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global ink market attained a value of nearly USD 22.48 billion.
The market is projected to grow at a CAGR of 2.90% between 2023 and 2032.
The market is estimated to witness a stable growth in the forecast period of 2024-2032 to reach about USD 29.08 billion by 2032.
The major drivers of the market include the increasing applications of ink in the packaging and labelling sector, growth of the commercial printing sector, rising demand from the developing regions, rising disposable incomes, and the growing technological advancements.
The key trend guiding the growth of the ink market is the development and launch of environment-friendly, vegetable-oil based inks.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
Lithographic ink is the leading technology in the market.
Oil based inks represent the leading ink type in the market.
The application segment is led by the label and packaging sector.
The leading key players in the market are ALTANA, Dow, Sun Chemical, Central Ink Corporation, Flint Group, and Akzo Nobel N.V., among others.
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