North America Ink Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview 2023-2028:
The North America ink market size reached US$ 7.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.
Ink has been around for centuries and it plays an important role in different aspects of human life. It is available 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 categories which include printing and writing ink. Over the past few years, printing ink has witnessed a higher growth owing to its utilized in printing books, posters magazines, newspapers, calendars, journals and photographs.
The ink market in North America is currently being driven by several factors. Owing to the hectic lifestyles of consumers and an increase in the on-the-go food consumption habits, there is a rise in the demand for single-serve ready-to-eat food products. This, in turn, is resulting in the expanding application of ink in the packaging industry. Further, the rising consumer awareness about bio-based ink, produced from algae cells and other plant materials, is expected to spur the demand for ink in the upcoming years.
IMARC Group’s latest report provides a deep insight into the North America ink market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America ink market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America ink market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on technology, ink type and application.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Technology
Lithographic
Flexographic
Gravure
Digital
Letterpress
Others
Market by Ink Type
Oil Based
Solvent Based
Water Based
Market by Application
Labeling and Packaging
Commercial Printing
Publishing
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America ink market performed so far and how will it perform in the coming years?
What are the key regions in the North America ink market?
What has been the impact of COVID-19 on the North America ink market?
What is the breakup of the North America ink market on the basis of technology?
What is the breakup of the North America ink market on the basis of ink type?
What is the breakup of the North America ink market on the basis of application?
What are the various stages in the value chain of the North America ink industry?
What are the key driving factors and challenges in the North America ink industry?
What is the structure of the North America ink industry and who are the key players?
What is the degree of competition in the North America ink industry?
What are the profit margins in the North America ink industry?