Water-Based Printing Inks Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
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The water-based printing inks market size has grown strongly in recent years. It will grow from $9.86 billion in 2023 to $10.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to emerging markets growth, change in customer preferences, and technological advances. The water-based printing inks market size is expected to see strong growth in the next few years. It will grow to $12.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to sustainability, high demand from end-user industries, increase in demand from printing industry, and increase in demand from packaging industry. Major trends in the forecast period include rising investment in research and development to develop products with enhanced physical and chemical properties, increase in water-based printing ink consultancy services to help users select the right pigments as they can easily be duplicated so differentiating between different brands is an increasing difficult task, introduction of high resolution inks to water-based printing inks companies portfolio as they are more effective than traditional inks as they allow fine and solid printing at high speed, introducing thermal inkjet inks to cater to the growing demand to include better performance, lower costs and ink versatility, especially in photo printing applications, and an increase in strategic collaborations or mergers and acquisitions, in the printing inks market, many companies are strategically acquiring and merging with start-ups and mid-sized companies to broaden their products and services range or enter emerging regions.
The printing ink market is anticipated to witness a surge in demand driven by 3D technology. This is especially evident during the forecast period, with a growing global interest in 3D printing technology across consumers, researchers, and industrial production. Unlike 2D inks used for planar surfaces, 3D inks are specifically designed for the fabrication of volumetric constructs and devices. Innovations like Cubic Ink materials from ALTANA and DP Polar in November 2021 are transforming industrial 3D inkjet printing through the continuous Multi-material Jetting process, enabling multi-material capability for maximum productivity. As of 2023 and 2024, the market size reflects the increasing adoption of 3D printing technology and the subsequent demand for specialized 3D printing inks.
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What Are The Key Trends That Influence Water-Based Printing Inks Market Share Analysis?
In the wealth management sector, major companies are adopting new platforms like digital wealth management services to maintain a leading position in the market. These digital services, often called robo-advisors or digital investment platforms, utilize technology and automation to deliver investment and financial advisory services. For instance, in December 2022, First Fidelity Bank, a U.S.-based retail banking and financial services provider, launched digital wealth management services in partnership with Unifimoney. Unifimoney’s platform offers a comprehensive digital solution with robo-advisory capabilities and commission-free trading options for stocks and ETFs. This service integrates seamlessly with the digital infrastructure of partner banks and credit unions, making wealth management more accessible through web interfaces and mobile apps.
Which Market Players Are Driving Growth In The Water-Based Printing Inks Market?
Major companies operating in the market are DIC Corporation, Flint Group, Siegwerk Druckfarben Ag & Co. KGaA, Sakata Inx, Toyo Ink SC Holdings Co. Ltd., T & K Toka Co. Ltd., Huber Group, Tokyo Printing Ink Mfg. Co. Ltd., Fujifilm North America, Nazdar Ink Company, Daihan Ink, Bauhinia Ink, DAS Water Based Ink, Zhejiang Yongzai Chemical, Shanghai Si-Lian Industrial General Company, Hubergroup, Dolphin Inks Pvt. Ltd., Matsui Chemical (International), Altana Corporation, Ferro, Sun Chemical Group, Colorgraf SpA, BRANCHER Tremblay, Encres Dubuit, INX International France S.A.S., Brigal SA., Chimigraf Iberica S.L., SICPA Holding SA, Wikoff Color Corporation, DEERS I Co. LTD., Dow, Evonik, Doneck Network, Siegwerk, Ahbar Industries, Sun Chemical Saudi Arabia, Al Sama Ink Company, United Ink Production Co. Ltd., Rexx Screen and Digital Supplies, Magna Colours.
How Is The Global Water-Based Printing Inks Market Segmented?
The water-based printing inks market covered in this report is segmented –
1) By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks, Other Water Based Inks
2) By Type: Flexo Inks, Gravure Inks, Screen Printing Inks, Digital Inks
3) By Application: Packaging Industry, Textile Industry, Art, Other Applications
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The Water-Based Printing Inks Global Market Report 2024 provides an overview of the water-based printing inksmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The water-based printing inks market forecast analyzes water-based printing inks market size, water-based printing inks market share, leading competitor and their market positions.
The Table Of Content For The Water-Based Printing Inks Market Include
1. Water-Based Printing Inks Market Executive Summary
2. Water-Based Printing Inks Market Segments
3. Water-Based Printing Inks Market Size And Template Market Growth Rate
4. Key Water-Based Printing Inks Market Trends
5. Major Water-Based Printing Inks Market Drivers
……
25. Key Mergers And Acquisitions In The Water-Based Printing Inks Market
26. Top Water-Based Printing Inks Companies
27. Water-Based Printing Inks Market Opportunities And Strategies
28. Water-Based Printing Inks Market, Conclusions And Recommendations
29. Appendix
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