The Global Water-Based Printing Inks Market Report by The Business Research Company covers water-based printing inks market drivers and restraints, water-based printing inks market size, major players, and the impact of COVID-19 on the water-based printing inks market.
The water-based printing inks market consists of sales of water-based printing inks and related services used for printing on fabric and paper. Water-based printing inks are referred to as aqueous inks and are dye and pigment inks. Water based inks are not waterproof and they have the property to fade in UV light. The use of water-based printing inks has been limited due to compatibility with substrate materials, but they are successfully used in various applications including printing on fabric, paper, and some plastics.
The water-based printing inks market reached a value of nearly $10,714.8 million in 2020, having increased at a compound annual growth rate (CAGR) of 0.8% since 2015. The market is expected to grow from $10,714.8 million in 2020 to $13,019.0 million in 2025 at a rate of 4.0%. The water-based printing inks market is then expected to grow at a CAGR of 3.5% from 2025 and reach $15,484.6 million in 2030.
One of the leading issues that environmentalists have been studying has been sustainability. Ink manufacturers have been looking for ways to improve sustainability and efficiency. Making the switch from plastisol inks to water-based printing inks is a move towards sustainability and this switch would also give screen printing water-based ink companies the following benefits. Apart from water-based printing inks being eco-friendly, they are also free from harmful chemicals making water-based inks safe for printers to use as well. There are no harsh chemicals or solvents that making them safe to use for the user. Water-based inks produce a soft hand. The ink penetrates deep into the fabric and becomes a part of it instead of merely sitting on top which makes the print softer and adds flexibility. Apart from this, water-based printing inks sit deeper within the fabric, and are able to produce longer lasting prints with impeccable detail, with much more defined, sharper edges. All of these points give ink manufacturers adequate reason to switch to the more sustainable, eco-friendly water-based printing inks.
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Some water-based printing inks market trends include the launch of high-resolution ink as a highly cost-effective ink. High resolution inks are more effective than traditional inks as they allow fine and solid printing at high speed. They also enable re-printability and drastically reduce the number of cleaning stencils required. Moreover, as pigments can easily be duplicated and differentiating between different brands is an increasing difficult task, the latest trend in the water-based printing ink market has been an increase in consultancy. The main challenge for water-based printing ink companies had been to establish and differentiate themselves from the companies dealing in plastisol inks. To tackle such problems water-based ink manufacturers are offering a non-segregated solution such as consultations for selecting the right ink, technical advice for selecting machines, and any operational support.
Global water-based printing inks market segments include:
1) By Type: Flexo Inks, Gravure Inks, Screen Printing Inks, Digital Inks, Others
2) By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Water-Based Printing Inks Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides water-based printing inks market overviews, analyzes and forecasts market size, share, water-based printing inks market players, water-based printing inks market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The water-based printing inks identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Water-Based Printing Inks Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: DIC Corporation, Flint Group, Siegwerk Druckfarben Ag & Co. KGaA, Sakata Inx, Toyo Ink SC Holdings Co., Ltd
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Water-Based Printing Inks Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Water-Based Printing Inks Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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