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Rising Packaging Industry Fuels Growth in Printing Inks Market through Enhanced Demand and Innovation: Critical Driver Shaping the Printing Inks Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Printing Inks Industry Market Size Be by 2025?
There has been a significant increase in the size of the printing inks market in the past few years. A growth from $34.28 billion in 2024 to $36.15 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 5.4%. The expansion during the historic period is due to factors such as publication and commercial printing, the escalating packaging industry, raw material pricing, globalization, and altering economic circumstances.
What's the Long-Term Growth Forecast for the Printing Inks Market Size Through 2029?
The market for printing inks is anticipated to have stable growth in the upcoming years, reaching $43.24 billion in 2029 with a compound annual growth rate of 4.6%. The growth during the projection period can be linked to sustainable approaches, the surge in e-commerce, brand uniqueness, intelligent packaging, and adherence to health and safety regulations. Key trends in the forecast period involve advancements in digital printing, the prevalence of digital printing, ecologically-friendly inks, UV LED technology, 3D printing inks, smart packaging, and RFID inks.
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What Are the Key Growth Drivers Fueling the Printing Inks Market Expansion?
The growth of the printing inks market is anticipated to surge with the expansion of the packaging industry. This expansion is as a result of factors such as the increasing consumer demand, urbanization, population surge, along with health and safety standards. By enhancing visual appeal, conveying information about the product clearly, and reinforcing brand identity, printing inks play a significant role in the packaging sector. For example, data from the Flexible Packaging Association, based in the US, revealed that flexible packaging industry in the United States produced $41.5 billion in sales in 2022, a boost from $39 billion in 2021. Therefore, the expanding packaging industry stimulates the growth of the printing inks sector.
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What Are the Key Trends Driving Printing Inks Market Growth?
Top businesses in the printing inks sector are gaining competitive advantage by offering innovative solutions, an example being the Onset 560 ink. This inkjet printing press, equipped with an exhaustive full-width printhead system and inclusive of state-of-the-art automation such as robotics, offers efficacy in a range of applications including signage, display, and packaging, reaching performance rates up to 1450 square meters in an hour. For instance, Agfa Corporation, a Belgium-based company specializing in imaging systems and IT solutions primarily for the printing industry, unveiled the Onset 560 ink in May 2023. The product offers unparalleled print quality, a broad spectrum of colors, and lower ink usage, all culminating in significant cost reductions - typically over 20% savings on ink compared to alternative products.
How Is the Printing Inks Market Segmented?
The printing inks market covered in this report is segmented -
1) By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks
2) By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks
3) By End User Industries: Packaging, Print Media, Commercial Printing, Other End-Use Industries
Subsegments:
1) By Oil-Based Printing Inks: Lithographic Inks, Gravure Inks, Flexographic Inks
2) By Solvent-Based Printing Inks: Eco-Solvent Inks, Conventional Solvent Inks
3) By Water-Based Printing Inks: Acrylic Inks, Pigment Inks, Dye-Based Inks
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Which Companies Are Leading the Charge in Printing Inks Market Innovation?
Major companies operating in the printing inks market include DuPont Inc., Arkema SA, DIC Corporation, Sun Chemical Corporation, Altana AG, TOYO Ink Group, Agfa-Gevaert NV, Flint Group, Siegwerk Druckfarben AG & Co., Rieger Druckfarben GmbH & Co. KG, Sakata INX Corporation, Ferro Corp., Huber Group, T&K TOKA Corporation, Tokyo Printing Ink Mfg. Co. Ltd., Nazdar Company, DYO Matbaa Mürekkepleri Sanayi ve Ticaret A.S., Wikoff Color Corporation, Sanchez SA de CV, Dainichiseika Color & Chemicals Mfg.Co. Ltd, Marabu GmbH & Co. KG, Epple Druckfarben AG, Fujifilm Sericol India Private Limited, Doneck Euroflex S.A., RUCO Druckfarben, Encres Dubuit, Zeller+Gmelin GmbH & Co. KG, Royal Dutch Printing Ink Factories Van Son, Brancher Company
Which Regions Are Leading the Global Printing Inks Market in Revenue?
Western Europe was the largest region in the printing inks market in 2024. Asia-Pacific was the second largest region in the printing inks market. The regions covered in the printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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