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Global Ink Market Size, Share, Trends, Analysis, Forecast: By Technology: Lithographic, Flexographic, Gravure, Digital, Letterpress, Others; By Ink Type: Oil Based, Solvent Based, Water Based; By Application: Label and Packaging, Commercial Printing, Publications, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Ink Market Size
The global ink market 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.
Inks can be found on almost all the products that we use in our day-to-day life whether it is newspapers, magazines, books, plastic bottles, aluminium cans, etc. They are manufactured either in the form of a liquid or paste containing pigments/dyes and then used to colour a surface to produce an image, text or design in commercial printing, publishing, and packaging sectors.
Ink has been used for thousands of years, with early forms made from natural substances like berry juice and soot. The invention of the printing press in the 15th century revolutionised the use of ink in printing. Ink has played a vital role in the communication and dissemination of information throughout history. Its evolution reflects technological advancements and changing needs in writing, art, and other sectors. Writing inks are the most common type of ink which is used in pens and are usually water-based for smooth flow. Common types of writing ink include fountain pen ink, ballpoint pen ink, and gel ink.
Based on technology, lithographic ink has emerged as the most prominent technology owing to its affordability and superior quality. Based on ink type, the global market has been segmented as oil-based, solvent-based, and water-based inks, where oil-based inks account for the largest share in the market. By applications, the label and packaging segment dominates the application area.
The market is dominated by the Asia Pacific region. The ink market demand is growing in the region due to the escalating consumer disposable incomes.
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.
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 (2018-2023)
8.3 Global Ink Market Forecast (2024-2032)
8.4 Global Ink Market by Technology
8.4.1 Lithographic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Flexographic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Gravure
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Digital
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Letterpress
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Solvent Based
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Water Based
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial Printing
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Publications
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
9.1.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.2.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.3.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.4.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.5.2 Forecast Trend (2024-2032)
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 2032
2. Global Ink Historical Market: Breakup by Technology (USD Billion), 2018-2023
3. Global Ink Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4. Global Ink Market Forecast: Breakup by Ink Type (USD Billion), 2024-2032
5. Global Ink Historical Market: Breakup by Ink Type (USD Billion), 2018-2023
6. Global Ink Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Ink Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Ink Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Ink Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Ink Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Ink Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Ink Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Ink Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Ink Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Ink Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Ink Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Ink Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Ink Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Ink Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Ink Market Structure
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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