Global Next-Generation Printing Ink Market Overview:
According to MarkNtel Advisors study 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. With rising demands for high-quality and technologically advanced printing inks in the textile industry, the overall market is growing rapidly. The interest of consumers in trendy and functional textiles has increased, thus bringing an enhanced demand for printing inks with better color absorption and brighter colors.
Key Findings of the Study: Next-Generation Printing Ink market
Global Next-Generation Printing Ink Market Opportunity:
Global Push Towards UV and LED Curable Inks to Boost Next-Generation Printing Inks Market Growth – There has been a recent surge in the demand and development of inks with less curing timings and better durability. With the surging demand for printing solutions that can be used for food and beverage packaging, pharmaceuticals, cosmetics, etc., with no reaction and meeting stringent regulations, the demand for UV and LED-cured inks has been rising rapidly. UV and LED Curable Inks have rapid curing time, which significantly enhances production efficiency and reduces turnaround times, making them ideal for high-speed printing applications. Additionally, these inks offer superior durability and resistance to abrasion, chemicals, and environmental factors, ensuring long-lasting prints and making them suitable for various industry verticals. As a result, the demand for UV and LED curable inks has been rising rapidly. To cater to this increasing demand manufacturers have been launching these inks in the market.
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Scope of the Next-Generation Printing Ink Market Report Segmentation
-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
- Laser- Market Size Forecast 2019-2030, Thousand Tons
-By Application
- By Apparels- Market Size Forecast 2019-2030, Thousand Tons
- Publishing and Printing- Market Size Forecast 2019-2030, Thousand Tons
- Packaging- Market Size Forecast 2019-2030, Thousand Tons
- Building and Construction- 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
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Geographical analysis:
-By Region
- North America
- South America
- Europe
- Asia-Pacific
- Middle East Africa
The Asia-Pacific region holds a major share of the Next-Generation Printing Ink Market globally, primarily due to the increasing consumption of processed and packed foods per capita. Increased population density in the region and the growing number of middle-level income earners also fuel the growth in demand for processed and convenience food items. Major emerging economies such as India, Indonesia, etc.
Current Landscape of Next-Generation Printing Ink Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Next-Generation Printing Ink market. The research report profiles major players, including
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- 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
Global 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.
- In 2023: Sun Chemical launched its cutting-edge range of digital textile inks called Xennia Amethyst Eco RC ink, ElvaJet Sublimation Inks, etc., at ITMA (International Textile Machinery Association) Asia.
Related Reports
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- https://www.upmatters.com/business/press-releases/ein-presswire/4.6294444.684.6/luxury-furniture-market-valued-at-around-usd-24.6-65-billion-in-2024.6-set-to-reach-around-usd-41-95-billion-by-204.60
- https://www.themarketingcommunicator.com/article/4.6294444.684.6-luxury-furniture-market-valued-at-around-usd-24.6-65-billion-in-2024.6-set-to-reach-around-usd-41-95-billion-by-204.60
- https://www.informnny.com/business/press-releases/ein-presswire/4.6294444.684.6/luxury-furniture-market-valued-at-around-usd-24.6-65-billion-in-2024.6-set-to-reach-around-usd-41-95-billion-by-204.60
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