Press release
Latex Ink Market Size, Share, Industry, Forecast and Outlook (2024-2031)
DataM Intelligence
The global latex ink market has showcased impressive growth, reaching a valuation of US$ 19.2 billion in 2023, with expectations to surge to US$ 25.0 billion by the year 2031, according to recent market analysis. This growth trajectory reflects a compound annual growth rate (CAGR) of 3.3% during the forecast period from 2024 to 2031.
The market overview underscores the significant contributions from companies headquartered in the United States, leading the forefront in the creation and marketing of latex printers embedded with cutting-edge technology. Notably, American companies have spearheaded advancements in latex ink formulations, emphasizing eco-friendly attributes alongside enhancements in print quality, color vibrancy, and adhesive properties.
An exemplary illustration of innovation within the industry is evidenced by the introduction of the HP Latex 630 printer series by HP Inc. on September 19, 2023. This launch expanded HP's Latex product line, empowering Print Service Providers of varying scales to harness the potential of white ink technology. Leveraging white ink facilitates the creation of attention-grabbing campaigns, enabling end-users to produce signs and décor with impeccable image quality and vivid colors. Consequently, the U.S. marketplace dominates the majority share in the North American latex inks market.
Market Dynamics
The market dynamics are propelled by a heightened awareness of latex technology's environmentally beneficial attributes. Water-based latex inks are gaining traction due to their reduced emission of volatile organic compounds (VOCs) compared to conventional solvent-based inks. Moreover, the versatility of latex ink across diverse substrates such as textiles, paper, and vinyl is garnering recognition among stakeholders, further amplifying its market appeal.
Technological advancements play a pivotal role in augmenting the sustainability and efficacy of latex printing. The integration of smart sensors and IoT devices under the framework of Industry 4.0 facilitates real-time monitoring and control of printing operations, enhancing overall production efficiency. Furthermore, artificial intelligence and data analytics optimize print settings, bolstering color accuracy and maintenance predictability.
Segment Analysis
The global latex ink market is segmented based on type, application, technology, end-user, and region. Notably, water-based latex ink stands out as a revolutionary solution in printing and packaging, offering superior durability and adherence on various substrates while addressing environmental concerns associated with VOC emissions.
Geographical Penetration
Asia-Pacific emerges as the fastest-growing region, fueled by China's robust economic growth and the burgeoning e-commerce sector. The surge in demand for premium printing supplies, including latex inks, aligns with the escalating packaging needs accompanying the rise of e-commerce activities. China's expanding urbanization and rising demand across retail, packaging, and advertising sectors underscore the region's pivotal role in propelling market expansion.
Competitive Landscape
Key players in the global latex ink market include HP Inc., Epson Corporation, Canon Inc., Roland DG Corporation, Mimaki Engineering Co., Ltd., and others. These industry giants continue to drive innovation, ensuring market competitiveness and sustainable growth.
Related Reports:
Ink Additives Market: https://www.datamintelligence.com/research-report/ink-additives-market
Ink Solvent Market: https://www.datamintelligence.com/research-report/ink-solvent-market
Green Solvents Market: https://www.datamintelligence.com/research-report/green-solvents-market
Aromatic Solvents Market: https://www.datamintelligence.com/research-report/aromatic-solvents-market
Latex Binders Market: https://www.datamintelligence.com/research-report/latex-binders-market
Latex Mattress Market: https://www.datamintelligence.com/research-report/latex-mattress-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Latex Ink Market Size, Share, Industry, Forecast and Outlook (2024-2031) here
News-ID: 3419401 • Views: …
More Releases from DataM Intelligence 4Market Research
Automotive Testing Market Size, Share, Industry, Forecast and Outlook (2024-2031 …
Market Overview
Global Automotive Testing Market reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 4.2% during the forecast period (2023-2030).
The automotive testing industry encompasses a range of assessments involving complete vehicles, components, and systems. These evaluations occur across various settings, including laboratories, virtual simulations, and real-world scenarios. The primary objective of…
Ankle Replacement Devices Market Size, Share, Industry, Forecast and outlook (20 …
Global Ankle Replacement Devices Market to Witness Substantial Growth by 2031, Forecasts Research
The global ankle replacement devices market, which reached a value of US$ million in 2023, is projected to exhibit significant expansion, reaching US$ million by 2031, according to a recent market analysis conducted by [Research Company]. The market is anticipated to grow at a notable CAGR during the forecast period spanning from 2024 to 2031.
Ankle replacement devices, also…
Carbon Dioxide Monitor Market Size, Share, Industry, Forecast and outlook (2024- …
Global Carbon Dioxide Monitor Market Projected to Reach $ Million by 2031, Indicating a Steady Growth Trajectory
The worldwide carbon dioxide monitor market witnessed significant growth in 2023, reaching a valuation of US$ million. Forecasts indicate a promising upward trend, with expectations to hit US$ million by 2031, boasting a Compound Annual Growth Rate (CAGR) of during the forecast period spanning 2024 to 2031.
Carbon dioxide monitors, also known as CO2 detectors…
United States Prosthetic Contact Lenses Market Size, Share, Growth, Forecast and …
United States Prosthetic Contact Lenses Market Projected to Expand Significantly by 2031
The United States Prosthetic Contact Lenses Market, which achieved a valuation of US$ billion in 2023, is anticipated to witness substantial growth, reaching US$ million by 2031. This growth trajectory reflects a robust Compound Annual Growth Rate (CAGR) during the forecast period from 2024 to 2031.
Prosthetic contact lenses are meticulously designed to enhance the aesthetic appearance of the eye…
More Releases for Market:
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has…
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market
Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders.
Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based…
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of…
