Thermal Inkjet Inks Market to Reach US$ 1.7B by 2030 | CAGR 5.3% | North America Holds Major Share, Asia-Pacific Fastest Growing | Key Players: HP, Canon, Epson, Videojet, Domino

DataM Intelligence has published a new research report on "Thermal Inkjet Inks Market Size, Share, Industry, Forecast and Outlook 2024 to 2031". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest M & A / Key Developments
• February 2020: Videojet Technologies launched Cool Black Solvent thermal inkjet (TIJ) ink, a non-carcinogen, mutagen or reproductive toxin (CRM) option with excellent low-temperature performance and 12-month cartridge shelf-life.
• March 2022: Sun Chemical introduced FSR ink for the food sector, approved for direct printing onto food including baked products as part of its edible ink portfolio.
• February 2022: Canon expanded its MAXIFY Ink Efficient GX Series with a new ink tank business printer featuring low color printing costs, speed, paper handling, and networking.
• February 2023: Seiko Epson Corporation introduced two new inkjet printer variants (I3200(8)-S1HD and S800-S1) compatible with solvent inks for industrial applications.
• May 2020: Domino Printing Sciences introduced the Gx-Series, a premium thermal inkjet (TIJ) printer line for coding on product labels, flexible films, and cartons.

Key Players:
HP Inc., Canon Inc., Epson, Kao Corporation, Videojet Technologies, Inc., Domino Printing Sciences plc, Xaar, Konica Minolta, Markem-Imaje, Ricoh.

Key Development:
Dec 2025
Continued advancements in sustainable and water-based thermal inkjet ink formulations drive adoption in packaging, food & beverage, and pharmaceuticals, emphasizing eco-friendly, high-adhesion solutions amid rising regulatory demands for traceability and non-toxic inks.

Growth Forecast Projected:
The Global Thermal Inkjet Inks Market reached US$ 1.1 billion in 2022 and is expected to reach US$ 1.7 billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030 (with outlook extending to 2031 in aligned analyses). North America holds a significant share (~35.5%), while Asia-Pacific emerges as the fastest-growing region due to expanding FMCG and retail sectors.

Research Process:
Both primary and secondary data sources have been used in the Thermal Inkjet Inks Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:
By Substrate: Porous, Non-Porous
By Ink: Water-Based, Solvent-Based
By Printer: Consumer Printer, Industrial Printer, Textile Printer, Commercial Printer
By End-User: Packaging and Labeling, Textile and Apparel, Retail and Commercial, Healthcare and Pharmaceuticals, Food and Beverage, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East and Africa

Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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FAQ
Q: How rapidly will the Market expand?
A: The Global Thermal Inkjet Inks Market is projected to grow at a CAGR of 5.3% between 2023 and 2030 (with aligned outlook to 2031).

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