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Digital Inks Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2020–2026

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Omkar Ranade
Digital Inks Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2020–2026

The global Digital Inks market is forecast to reach USD 4.77 Billion by 2026, according to a new report by Reports and Data. The increasing demand from the textile industries across the globe will fuel the growth of the market. Moreover, the rising population, coupled with the increasing disposable incomes and changing lifestyles, will also have an impact on the demand for digital inks. Digital printers provide cleaner finish and use less space than conventional printing, thus allowing the use of unlimited color combinations. The technology doesn’t require water for the sublimation of digital textile printing, which allows lesser consumption of power and thus reduces cost.

Digital Inks Market Size – USD 2.63 Billion in 2018, Market Growth - CAGR of 7.6%, Market Trends – The rising demand from the APAC region.

The growth of the North American Digital Inks market is attributed to its textile industry. The textiles industry in North America is one of the largest markets in the globe. The medical textile industry in the region has been improving the existing products, creating new ones with new materials, and innovating designs. Some of these new products are being designed for less invasive surgical procedures, infection control, and accelerated healing.

Further key findings from the report suggest

  • The inkjet inks are anticipated to witness a higher CAGR of 8.5% during the forecast period, owing to its outstanding image quality, particularly with color photos, as the ink technology uses thousands of ink droplets shot onto the paper. 
  • The Asia Pacific region held the largest market share of ~31% in the year 2018, owing to the substantial investments in research and development of printing technologies. Moreover, the rising technological innovations; increasing disposable income levels; and the increasing sales of printers and computers in this region are anticipated to increase demand for digital inks. In emerging countries such as India, Japan, and China, Japan is expected to hold the most significant regional segment, owing to the developing manufacturing companies and high demand for digital printing in this region.
  • Key participants include Sun Chemical Corporation, Flint Group, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co. Ltd., Sakata Inx Corporation, E.I. du Pont de Nemours and Company, Marabu GmbH & Co. KG, Nazdar Ink Technologies, and Wikoff Color Corporation, among others, among others.
  • The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

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For this report, Reports and Data have segmented into the global Digital Inks market on the basis of product type, application, substrate type, technology, and region:

Product Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Electrographic
  • Inkjet

Substrate Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Plastics
  • Ceramics
  • Glass
  • Textiles
  • Paper
  • Others

Technology Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Solvent-based
  • Water-based
  • Others

Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Advertising and Promotion
  • Ceramic Tiles Printing
  • Clothing and Household Textiles
  • Packaging
  • Others

Regional Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • North America
    • U.S.
  • Europe
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/digital-inks-market

The report emphasizes the following key questions:

  • What are the most lucrative and promising growth prospects for the market?
  • Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?
  • Which geographies are estimated to exhibit the highest growth and the underlying causes?
  • Which factors are impacting the future of the market and what are the driving factors?
  • What are the hurdles and challenges curtailing the industry’s growth in the forecast period?

Thank you for reading this report. For further details relating to different aspects of the report or customization of the content, feel free to contact us. To get detailed information of the entire global market, or information for any specific requirements, reach out to us and we will customize the report as per your needs.

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