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Ink Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

07-07-2025 11:22 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Ink Market

Ink Market

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How Large Will the Ink Market Size By 2025?
In recent years, there has been a consistent growth in the ink market size. The market, which is projected to increase from $20.27 billion in 2024 to $21.22 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 4.7%. The previous growth is due to a surge in demand from the textile printing sector, heightened usage in 3D printing, rise in personalized printing solutions, an increase in the usage for industrial coding and marking, and the flourishing e-commerce and labelling necessity.

How Big Is the Ink Market Size Expected to Grow by 2029?
Expectations for the ink market size suggest a steady trajectory of growth in the coming years. The projected market value is $25.15 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 4.3%. Factors contributing to this predictable growth during the forecast period include an escalating demand for UV-curable inks, a rising preference for eco-friendly formulations, increased capital allocation for digital printing technologies, broader usage in flexible packaging, and a climb in the production of smart and functional inks. Key trends for the forecast period point towards advancements in water-based ink technologies, innovative pigment dispersion methods, the emergence of bio-based ink solutions, advancements in conductive and smart inks, and the evolution of high-speed digital printing systems.

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Which Key Market Drivers Powering Ink Market Expansion and Growth?
The inks market is predicted to ascend due to the escalating demand for food and beverages. These consumable items serve as nourishment, refreshment, or for pure enjoyment, and their increasing demand is a result of changing lifestyles and busier schedules. This leads to a surge in the popularity of expedient, ready-made, and takeaway consumption options that cater to time-limited customers. Inks aid the food and beverage industry by facilitating safe, compliant, and visually attractive packaging and labeling, aiding in conveying brand identity and necessary product specifics to customers. For instance, the Common Thread Collective, a US-based eCommerce growth agency, reported in April 2022 that global food and beverage sales climbed from $435.3 billion in 2021 to $506 billion in 2022. The agency predicts these figures to further inflate to $857 billion by 2025. Consequently, the rising demand for food and beverages is fueling the expansion of the inks market.

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Which Fast-Growing Trends Are Poised to Disrupt the Ink Market?
A primary focus for major corporations in the ink market is the development of innovative products like printing ink that can improve print quality, longevity, and be ecologically compatible. Printing ink is a specially tailored substance, either fluid or paste, used to impress text and images onto various surfaces like paper, plastic, or fabric. The ink merges pigments or dyes with binders and solvents to convey vibrant color, robust adhesion, and enduring durability. For example, in January 2025, Hubergroup, a printing ink and raw material manufacturer based in Germany, introduced its Dynamica Ink Series. This is a new, environmentally friendly, color-rich ink range created specifically for commercial printing, noteworthy for its absence of cobalt and mineral oil. It delivers rapid setting, vibrant color, minimal dot gain, and superior stackability, making it a hallmark choice for high-speed presses and diverse substrates. This ink is designed for both straight and perfecting presses, aids effective post-print finishing, and aligns with noteworthy industry standards (ISO 2846-1 and ISO 12647-2). Dynamica distinguishes itself through a blend of high-tech, sustainability, and exceptional performance, underscoring hubergroup's dedication to innovation and ecological stewardship.

What Are the Emerging Segments in the Ink Market?
The ink market covered in this report is segmented -

1) By Type: Printing Ink, Non-Printing Ink
2) By Formulation Technology: Oil-Based, Water-Based, Solvent Based, UV-Cured, Other Formulation Technologies
3) By Application: Label And Packaging, Commercial Printing, Publications, Other Applications

Subsegments:
1) By Printing Ink: Solvent-Based Ink, Water-Based Ink, UV-Curable Ink, Oil-Based Ink, Dye-Based Ink, Pigment-Based Ink
2) By Non-Printing Ink: Conductive Ink, Electroluminescent Ink, Thermochromic Ink, Photochromic Ink, Invisible Ink, Security Ink

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Who Are the Global Leaders in the Ink Market?
Major companies operating in the ink market are HP Inc., DuPont, Kao Corporation, DIC Corporation, ALTANA AG, artience Co. Ltd., Flint Group, UFlex Limited, Sakata Inx India Limited, Siegwerk Group, Dainichiseika Color & Chemicals, Hubergroup, SICPA, Yip's Chemical Holdings Limited, Electronics For Imaging, Inc., T&K Toka, Nazdar Ink Technologies, Wikoff Color, Fujifilm Ink Solutions Group, Sanchez SA de CV

Which are the Top Profitable Regional Markets for the Ink Industry?
Asia-Pacific was the largest region in the ink market in 2024. The regions covered in the ink market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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