Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Global Ink Market Outlook 2023-2028:

The global ink market size reached US$ 19.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.24% during 2023-2028.

Ink has been around for centuries and plays a vital role in most aspects of human life. It can be in the form of a liquid or a paste and is primarily produced from materials like solvents, dyes, pigments, resins, lubricants, solubilizers, fluorescents and surfactants. It can be divided into two broad classes – printing and writing inks. Over the past few years, printing ink has witnessed a higher growth in demand as it is utilized for printing books, posters magazines, newspapers, calendars, journals and photographs.

The growth in the packaging industry represents the leading growth-inducing factor for the market as ink is widely used in the packaging of various products. Since packaging plays a pivotal role in attracting consumers, product manufacturers are investing in elaborative and unique packing solutions. In addition to this, due to stringent government regulations, it has become mandatory for the manufacturers of cosmetics, personal care products, food and beverages to include details like product price, quantity, ingredients, and date of manufacturing and expiry on the packaging. Moreover, on account of inflating income levels, easy availability of products and growing internet penetration, the e-commerce industry is flourishing at a robust rate, in turn, driving the demand for printing ink. However, with the digitalization of media, there has been a shift from print advertising to electronic channels in recent years. Despite a decline in its market growth, print advertising holds a significant share in the advertising industry as a large part of the consumers still subscribe to periodicals such as journals, newspapers and magazines.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ink market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on technology, ink type and application.

Breakup by Technology:

Lithographic
Flexographic
Gravure
Digital
Letterpress
Others

At present, lithographic ink accounts for the majority of the total market share owing to its affordability and superior quality.

Breakup by Ink Type:

Oil Based
Solvent Based
Water Based

Based on ink type, oil-based inks currently dominate the market, holding the biggest share.

Breakup by Application:

Label & Packaging
Commercial Printing
Publications
Others

On the basis of application, the label & packaging segment represents the largest application area. This can be accredited to the flourishing e-commerce, and food and beverage industries, especially in developing economies.

Regional Insights:

Asia Pacific
North America
Europe
Others

On a geographical front, Asia Pacific enjoys the leading position in the global ink market on account of the growing population and escalating disposable incomes of the consumers.

Competitive Landscape:

The competitive landscape of the market has been analyzed along with detailed profiles of the major players operating in the ink industry.

Key Questions Answered in This Report

1. What was the global ink market size in 2022?
2. What will be the global ink market outlook during the forecast period 2023-2028?
3. What are the global ink market drivers?
4. What is the impact of COVID-19 on the global ink market?
5. What are the major trends in the global ink market?
6. What is the global ink market breakup by technology?
7. What is the global ink market breakup by ink type?
8. What is the global ink market breakup by application?
9. What are the major regions in the global ink market?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Ink Industry
5.1Market Overview
5.2Market Performance
5.2.1Volume Trends
5.2.2Value Trends
5.3Impact of COVID-19
5.4Price Analysis
5.4.1Key Price Indicators
5.4.2Price Structure
5.4.3Margin Analysis
5.5Market Breakup by Ink Type
5.6Market Breakup by Technology
5.7Market Breakup by Application
5.8Market Breakup by Region
5.9Market Forecast
5.10SWOT Analysis
5.10.1Overview
5.10.2Strengths
5.10.3Weaknesses
5.10.4Opportunities
5.10.5Threats
5.11Value Chain Analysis
5.11.1Raw Material Procurement
5.11.2Manufacturing
5.11.3Marketing
5.11.4Distribution
5.11.5Exports
5.11.6End-Use
5.12Porter’s Five Forces Analysis
5.12.1Overview
5.12.2Bargaining Power of Buyers
5.12.3Bargaining Power of Suppliers
5.12.4Degree of Competition
5.12.5Threat of New Entrants
5.12.6Threat of Substitutes
5.13Key Market Drivers and Success Factors
6 Market Breakup by Technology
6.1Lithographic
6.1.1Market Trends
6.1.2Market Forecast
6.2Flexographic
6.2.1Market Trends
6.2.2Market Forecast
6.3Gravure
6.3.1Market Trends
6.3.2Market Forecast
6.4Digital
6.4.1Market Trends
6.4.2Market Forecast
6.5Letterpress
6.5.1Market Trends
6.5.2Market Forecast
6.6Others
6.6.1Market Trends
6.6.2Market Forecast
7 Market Breakup by Ink Type
7.1Oil Based
7.1.1Market Trends
7.1.2Market Forecast
7.2Solvent Based
7.2.1Market Trends
7.2.2Market Forecast
7.3Water Based
7.3.1Market Trends
7.3.2Market Forecast
8 Market Breakup by Application
8.1Label & Packaging
8.1.1Market Trends
8.1.2Market Forecast
8.2Commercial Printing
8.2.1Market Trends
8.2.2Market Forecast
8.3Publications
8.3.1Market Trends
8.3.2Market Forecast
8.4Others
8.4.1Market Trends
8.4.2Market Forecast
9 Market Breakup by Region
9.1Asia Pacific
9.1.1Market Trends
9.1.2Market Forecast
9.2North America
9.2.1Market Trends
9.2.2Market Forecast
9.3Europe
9.3.1Market Trends
9.3.2Market Forecast
9.4Others
9.4.1Market Trends
9.4.2Market Forecast
10 Competitive Landscape
10.1Market Structure
10.2Key Players
11 Ink Manufacturing Process
11.1Product Overview
11.2Detailed Process Flow
11.3Various Types of Unit Operations Involved
11.4Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1Land Requirements and Expenditures
12.2Construction Requirements and Expenditures
12.3Plant Machinery
12.4Machinery Pictures
12.5Raw Material Requirements and Expenditures
12.6Raw Material and Final Product Pictures
12.7Packaging Requirements and Expenditures
12.8Transportation Requirements and Expenditures
12.9Utility Requirements and Expenditures
12.10Manpower Requirements and Expenditures
12.11Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1Capital Cost of the Project
14.2Techno-Economic Parameters
14.3Product Pricing and Margins Across Various Levels of the Supply Chain
14.4Taxation and Depreciation
14.5Income Projections
14.6Expenditure Projections
14.7Financial Analysis
14.8Profit Analysis
15 Key Player Profiles

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