Next-Generation Printing Ink Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
The Global Next-Generation Printing Ink Market size is valued at USD 6,457.8 million in 2023 and is projected to reach USD 9,456.5 million By 2030. Along with this, the market is estimated to grow at a CAGR of around 5.6% during the forecast period.
According to Markntel Advisors Report, Next-Generation Printing Ink Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Next-generation printing inks are new, improved formulae tailored to meet emerging demands arising from modern printing technologies and applications. They incorporate innovative properties and capabilities to improve performance, sustainability, and functionality. Most of the time, these inks have aspects that focus on improved environmental impact, improved quality of print, and the capability to perform special functions that are not feasible with traditional inks.
Global Next-Generation Printing Ink Market Research Report & Summary:
The Global Next-Generation Printing Ink Market size is valued at USD 6,457.8 million in 2023 and is projected to reach USD 9,456.5 million By 2030. Along with this, the market is estimated to grow at a CAGR of around 5.6% during the forecast period.
Time Period Captured in the Report:
· Historical Years: 2019-22
· Base Years: 2023
· Forecast Years: 2024-2030
Who are the Key Players Operating in the Next-Generation Printing Ink Market?
The top companies of the Next-Generation Printing Ink Market ruling the industry are:
Mimaki Engineering Co., Ltd., Altana AG, Kornit Digital Ltd., DuPont de Nemours, Inc., Flint Group, DIC Corporation, Huntsman Corporation, Domino Printing Sciences PLC, FUJIFILM Holdings Corporation, Memjet, Sakata Inx Corporation, Roland DG Corporation, Arrow Systems Inc, Toyo Ink Co. Ltd., Epson, Sun Chemical, Others
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Next-Generation Printing Ink Industry Recent Development:
· In 2023: Altana AG acquired the Silberline Group which specializes in developing and manufacturing effect pigments and printing inks to plastics, protective coatings, etc.
What is Included in Next-Generation Printing Ink Market Segmentation?
The Next-Generation Printing Ink Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Ink Type
-Aqueous Ink- Market Size & Forecast 2019-2030, Thousand Tons
-Solvent-Based Ink- Market Size & Forecast 2019-2030, Thousand Tons
-UV-Cured Ink- Market Size & Forecast 2019-2030, Thousand Tons
-Eco-Solvent Ink- Market Size & Forecast 2019-2030, Thousand Tons
-Latex-Based Ink- Market Size & Forecast 2019-2030, Thousand Tons
-Others (Invisible Ink, Conductive Ink, Toner, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
-By Printing Technology
-Inkjet- Market Size & Forecast 2019-2030, Thousand Tons
-Continuous Inkjet Printing Technology- Market Size & Forecast 2019-2030, Thousand Tons
-Drop-on-Demand Inkjet Printing- Market Size & Forecast 2019-2030, Thousand Tons
-Laser- Market Size & Forecast 2019-2030, Thousand Tons
-By Application
-By Apparels- Market Size & Forecast 2019-2030, Thousand Tons
-Direct-to-Garment- Market Size & Forecast 2019-2030, Thousand Tons
-Roll-to-Roll (Fabric) - Market Size & Forecast 2019-2030, Thousand Tons
-Publishing and Printing- Market Size & Forecast 2019-2030, Thousand Tons
-Signage- Market Size & Forecast 2019-2030, Thousand Tons
-Security and Transactional Printing- Market Size & Forecast 2019-2030, Thousand Tons
-Others (Books, Magazines, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
-Packaging- Market Size & Forecast 2019-2030, Thousand Tons
-Signage and Display Graphics- Market Size & Forecast 2019-2030, Thousand Tons
-Corrugated Packaging- Market Size & Forecast 2019-2030, Thousand Tons
-Others (Flexible Packaging, Bottles and Cans, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
-Building and Construction- Market Size & Forecast 2019-2030, Thousand Tons
-Ceramic Tiles- Market Size & Forecast 2019-2030, Thousand Tons
-Decorative Floors (Laminate Flooring) - Market Size & Forecast 2019-2030, Thousand Tons
-Others (Decorative Glass, Wallcoverings, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
-Cosmetics- Market Size & Forecast 2019-2030, Thousand Tons
-Others (Printed Circuit Boards, Automotive, etc.) - Market Size & Forecast 2019-2030, Thousand Tons
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Market Dynamics -Global Next-Generation Printing Ink Market:
Escalating Growth in the Packaging Industry Creating Immense Demand for Next-Generation Printing Inks– There has been significant growth in the packaging sector because of changing consumer needs concerning better and more attractive product packaging. Improving disposable incomes coupled with the evolving consumer lifestyle in developing countries drive the growth of the packaging industry through increased demand for high-quality, unique packaging solutions that help differentiate a product at retail. Besides, the growth of the e-commerce industry has added to the demand for packaging solutions across the globe. The increased trend in online shopping creates an enhanced demand for packaging solutions to ensure delivery without any damage to the products. This has resulted in an increased demand for new, attractive, and aesthetically appealing packaging solutions. Since packaging is used widely as a strategic way of advertisement to attract customers, numerous manufacturers & leading players are massively investing in elaborative & unique packing solutions, which are fueling the demand for printing inks.
Moreover, stringent safety standards in the food and beverage industry increase the need for inks safe for direct food contact, and resistant to dampness and temperature changes. Further, the pharmaceutical and cosmetic industry also demands a high dose of anti-counterfeiting; hence, inks possessing exceptional security properties, such as UV visibility and magnetism, are greatly pursued for the authenticity of their products. Thus, with the surging growth in the packaging industry, demand for next-generating printing inks is also growing at a fast pace, augmenting the market growth.
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