Oil Based Printing Inks Market to Surpass USD 14.01 Billion by 2033 Amid Growing Packaging and Publishing Demand - DataHorizzon Research

According to a new study by DataHorizzon Research, the Oil Based Printing Inks Market is projected to grow at a CAGR of 3% from 2025 to 2033. The demand is fueled by rising consumption of packaging materials, increasing demand for commercial printing, sustained use in publishing applications, and technological improvements in ink formulations for superior print quality.

Market Size & Insights

The oil based printing inks market has been a cornerstone of the global printing industry for decades, supporting a wide range of applications from packaging to newspapers and magazines. The oil based printing inks market is valued at approximately USD 13.61 billion in 2024 and is anticipated to reach around USD 14.01 billion by 2033, reflecting a CAGR of 3% from 2025 to 2033.

Oil based inks are valued for their high durability, superior gloss, and vibrant color reproduction, making them indispensable in offset lithographic printing, which remains one of the most widely used techniques globally. The packaging sector, in particular, continues to drive demand, as food, beverage, and consumer goods industries seek premium-quality prints that enhance brand visibility.

Although the printing industry is transitioning toward digital formats, traditional offset printing and packaging applications sustain the relevance of oil based inks. Advances in ink formulations, such as the development of quick-drying and low-VOC variants, are helping manufacturers cater to evolving environmental standards. With continuous growth in emerging economies and strong demand for flexible and corrugated packaging, oil based printing inks are poised to remain an essential segment of the printing landscape over the next decade.

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Important Points

• Packaging industry remains the largest end-use segment.
• Offset lithographic printing continues to dominate usage.
• Rising demand for eco-friendly and low-VOC formulations.
• Growth opportunities in emerging economies with expanding printing capacity.
• Competitive landscape shaped by innovation and regional expansion strategies.

Key Factors Driving the Future Growth of the Oil Based Printing Inks Market

• Expansion of the Packaging Sector: Increasing consumer demand for packaged food, beverages, and e-commerce packaging.
• Sustained Role of Offset Printing: Continued reliance on lithographic printing in publishing and advertising.
• Improved Ink Formulations: Advances in quick-drying, smudge-resistant, and eco-friendly inks.
• Rising Print Quality Requirements: Brand owners demanding premium aesthetics in packaging and labeling.
• Emerging Market Growth: Industrialization and rising literacy rates driving printing needs in Asia-Pacific and Latin America.
• Sustainability Trends: Demand for inks with reduced environmental impact.

Top 10 Market Companies

• Sun Chemical
• Flint Group
• Siegwerk Druckfarben
• Toyo Ink SC Holdings
• Huber Group
• Sakata Inx Corporation
• T&K Toka Co., Ltd.
• Royal Dutch Printing Ink Factories Van Son
• Wikoff Color Corporation
• DIC Corporation

Market Segments

By Printing Process
o Offset Printing Inks
o Flexographic Printing Inks
o Gravure Printing Inks
o Screen Printing Inks
o Other Printing Inks (Letterpress, Digital, etc.)

By Application
o Commercial Printing (Books, Magazines, Brochures, etc.)
o Packaging (Labels, Cartons, Flexible Packaging, etc.)
o Industrial Printing (Décor, Ceramics, Textiles, etc.)
o Publication Printing (Newspapers, Catalogs, Directories, etc.)
o Other Applications (Signage, Displays, Specialty Printing, etc.)

By Substrate
o Paper and Cardboard
o Plastics (Films, Foils, Containers, etc.)
o Metal (Cans, Foils, Laminates, etc.)
o Other Substrates (Glass, Textiles, Ceramics, etc.)

By Pigment Type
o Organic Pigments
o Inorganic Pigments
o Metallic Pigments
o Special Effect Pigments

By Region:
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa

Recent Developments

• Introduction of low-VOC oil based inks to comply with sustainability regulations.
• Strategic partnerships with packaging companies to meet custom printing needs.
• Expansion of manufacturing facilities in Asia-Pacific to cater to rising demand.
• Innovations in quick-setting oil based inks to improve productivity.
• Growing investments in bio-based resin technologies for eco-friendly inks.
• Mergers and acquisitions aimed at strengthening global supply chains.

Regional Insights

North America remains a key market, driven by strong packaging demand and established publishing industries. Europe is witnessing growth in eco-friendly ink formulations aligned with stringent environmental regulations. Asia-Pacific is the fastest-growing market, led by China and India, owing to rapid industrialization, rising packaging consumption, and large-scale publishing industries. Latin America and the Middle East & Africa are also emerging as growth regions, supported by expanding consumer markets and investments in printing infrastructure.

Market Outlook

The outlook for the oil based printing inks market remains positive despite the gradual rise of digital alternatives. Packaging will continue to be the dominant driver, as consumer goods, food, and e-commerce industries rely heavily on high-quality printed materials for branding and regulatory compliance. The demand for offset printing in publishing and advertising also ensures stability in developed and emerging regions.

Environmental regulations present both a challenge and an opportunity for the market. While restrictions on volatile organic compounds (VOCs) may pose hurdles, they are also encouraging innovation in low-VOC and bio-based ink solutions. Manufacturers are increasingly focusing on sustainable production processes and eco-friendly raw materials to remain competitive.

By 2033, the market will evolve with stronger regional footprints, more eco-conscious formulations, and closer alignment with packaging and publishing industry trends. The blend of durability, cost-effectiveness, and print quality positions oil based printing inks as a resilient segment that will continue to support the global printing ecosystem.

Contact:
Ajay N
Ph: +1-970-633-3460

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DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR's comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

This release was published on openPR.