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Future of Printing Inks Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What Is the Projected Market Size Valuation of the Printing Inks Market by 2025?
The market size for printing inks has seen consistent expansion over the last few years. The projections estimate an increase from $36.79 billion in 2024 to $38.15 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 3.7%. Aspects such as publication and commercial printing, growth in the packaging industry, raw material price fluctuations, globalization, and economic conditions have all contributed to this historic period growth.
What Is the Estimated Market Growth Value for the Printing Inks Industry in 2029?
In the coming years, the market size of printing inks is projected to experience consistent growth, reaching a valuation of $44.98 billion in 2029 with a compound annual growth rate (CAGR) of 4.2%. Factors driving this growth during the projected period include sustainable operations, surge in e-commerce, brand uniqueness, intelligent packaging, and adherence to health and safety regulations. Key trends forecasted for this period include advancements in digital printing, the prevalence of digital printing, eco-friendly inks, UV led technology, 3D printing inks, intelligent packaging, and RFID inks.
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What Are the Growth Drivers and Opportunities in the Printing Inks Market?
The surge in the packaging industry is anticipated to bolster the printing inks market's progress. This rise is because of factors such as growing consumer requirements, urbanization, population expansion, and health and safety norms. Printing inks contribute to the packaging industry by amplifying visual attraction, efficiently communicating product specifics, and amplifying brand presence. As an example, the Flexible Packaging Association, an American association, reported that the sales in the US flexible packaging industry rose to $41.5 billion in 2022, a substantial increase from $39 billion in 2021. Consequently, the upsurge in the packaging industry fuels the growth of the printing inks market.
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What Are the Primary Segments Covered in the Global Printing Inks Market Report?
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
What Are the Top Growth Trends in the Printing Inks Market?
Leading firms in the printing inks market are gaining a competitive advantage by launching innovative products like Onset 560 ink. The Onset 560 inkjet press comes with a comprehensive printhead system that spans the full width, and it integrates advanced automation features including robotics. It is versatile enough to handle various applications in the sectors of signage, display, and packaging, with the potential to reach speeds up to 1450 square meters per hour. For example, in May 2023, Agfa Corporation, a company based in Belgium that specializes in developing imaging systems and IT solutions primarly for the print industry, introduced Onset 560 ink. This ink delivers extraordinary print quality, a wide color spectrum, and minimal ink usage. This blend leads to significant cost reductions, often exceeding 20% in ink savings compared to other available ink options.
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Which Companies Are Shaping the Future of the Printing Inks Market?
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 Region Holds the Largest Market Share in the Printing Inks Industry?
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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