Press release
Digital Inks Market Research Size, Shares, Strategies, Trend, Growth And Key Players Such as Siegwerk, Toyo Ink America, LLC., Sakata Inx Corp, E.I. du Pont de Nemours and Company, Nazdar Ink Technologies & Marabu Inks
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The electrography inks held larger share than inkjet inks in the global digital inks market in 2016, however, inkjets inks market is expected to grow at the faster CAGR during the forecast period. The higher growth of inkjet inks is attributed to the several advantages of inkjet printing such as no faster printing, high resolution and low cost.
Different commercial printings require high throughput printing with high resolution in different size of pages. Digital inks address this demand, thus making commercial printing its largest application. Packaging is another key application area of digital inks.
Geographically, North America has been the largest market for digital inks during 2013 – 2016 and it will also remain the largest market during the forecast period. The North American market is driven by growing electronic media market and increasing demand from office and commercial printing industry.
The digital inks market has witnessed number of acquisitions as key strategy for growth and expansion recently. In December 2016, Flint Group confirmed the acquisition of Xeikon, a digital solutions provider to the packaging and commercial printing markets.
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Some of the other key players in the market include Electronics For Imaging, Inc., Siegwerk Druckfarben AG & Co. KGaA, TOYO INK SC HOLDINGS CO., LTD., SAKATA INX CORPORATION, E.I. du Pont de Nemours and Company, Marabu GmbH & Co. KG, Nazdar Ink Technologies, and Wikoff Color Corporation.
GLOBAL DIGITAL INKS MARKET
By Type
Electrography
Inkjet
By Formulation
Water-based
Solvent-based
Oil-based
UV-cured
By Application
Commercial printing
Office printing
Packaging
Flexible packaging
Rigid containers
Labels
Retail bags and sacks
Industrial printing
Publication
Periodicals
Newspapers
Books
Others
Textiles
Others
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