Digital Ink Market Size, Forecast 2022-2027 | Industry Report, Share, Trends, Growth

IMARC Group has recently released a new research study titled "Digital Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the digital ink market industry?

The global digital ink market size reached US$ 2.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.1 Billion by 2027, exhibiting a growth rate (CAGR) of 6.10% during 2022-2027.

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What is a Digital Ink Market?

Digital ink represents a type of ink that is used in digital printing procedures. It is available in digital textile ink, UV ink, solvent ink, water-based ink, and other categories. These digital ink variants provide numerous benefits, including easy options for copying and pasting, lesser paper requirements, unlimited use of multiple-colored inks, etc.

They ensure high speed and superior print quality for graphics, images, and text. As a result, digital ink products find extensive utilization in several sectors, such as automotive, packaging, construction, textiles, etc.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What are the major market drivers in the digital ink market?

The shifting preferences from analog printing toward digital alternatives that offer shorter print runs and minimal turnaround time are primarily driving the digital ink market. Besides this, the elevating usage of the product in the food packaging segment to describe the shelf life, composition, nutritional value, and pricing of the food items is also positively influencing the market growth.

Additionally, the launch of UV-curable digital inks that facilitate fast drying and have eco-friendly qualities and low volatile organic compound (VOC) content, is acting as another significant growth-inducing factor.

Moreover, the rising demand from the construction industry for tile printing applications and the growing adoption of vehicle warps and graphic covers among leading automobile manufacturers for promotional and marketing objectives are expected to augment the digital ink market over the forecasted period.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:
• Digital Textile Ink
o Sublimation Ink
o Disperse Ink
o Textile Pigment Ink
o Reactive Ink
o Acid Ink
• UV Ink
o Rigid UV Ink
o Universal UV Ink
o Flexible UV Ink
• Solvent Ink
o Eco Solvent
o Others
• Water-Based Ink
o Dye Ink
o Pigment Ink
o Packaging Ink
o Label Ink
o Soft Packaging Ink
o Others
• Others

Breakup by Technology Type:
• Electrography
• Ink-Jet

Breakup by Formulation:
• Solvent-based
• Water-based
• UV-cured
• Others

Breakup by Substrate:
• Textile
• Plastics
• Ceramic and Glass
• Others

By Geography:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

The major players in the market are
• Bordeaux Digital PrintInk Ltd.
• Cabot Corporation
• DIC Corporation
• Dover Corporation
• Dupont De Nemours Inc.
• FUJIFILM Holdings Corporation
• INX International Ink Co. (Sakata Inx Corporation)
• Marabu GmbH & Co. KG
• Nazdar Company Inc.
• NUtec Digital Ink (Pty) Ltd.
• Toyo Ink SC Holdings Co. Ltd.
• Wikoff Color Corporation.

Also, Read Latest Research Reports by IMARC Group:

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

This release was published on openPR.