According to a market report by Lucintel, the future of the digital ink market looks promising with opportunities in the advertising & promotion, ceramic tile printing, clothing & household textiles, packaging, publication, and glass printing industries. The digital Ink market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing adoption of digital printing over analog printing and increasing demand from the digital textile printing and ceramic tile industry.
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In this market, plastics, textile, ceramic & glass, and paper are the major substrate type. Plastic is the largest segment of the digital ink market.
Within the digital Ink market, advertising & promotion, ceramic tile printing, clothing & household textiles, packaging, publication, and glass printing are the major end use industries. Advertising & promotion is the largest end use industry for digital inks.
Solvent-based, water-based, and UV-cured are the major formulation type segments of the digital ink market.
APAC is projected to remain the largest market over the forecast period due to growth in the retail sector of emerging economies, majorly in the advertising & promotion segment.
Sun Chemical, Inx International Ink, Toyo Ink SC Holdings Co., JK Group, Nazdar Company, Fujifilm Holdings Corporation, Marabu, Sensient Imaging Technologies, Nutec Digital Ink, and Bordeaux Digital Print Ink Ltd. are among the major manufacturers of digital inks.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the digital ink market by end use industry, formulation, substrate, and region. Lucintel has prepared a comprehensive research report entitled "Digital Ink Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the digital ink market by end use industry, formulation, substrate, and region as follows:
By Formulation [$M shipment analysis for 2013 – 2024]:
Solvent-Based Ink
Water-Based Ink
UV-Cured Ink
Others
By Substrate Type [$M shipment analysis for 2013 – 2024]:
Plastic
Textile
Ceramic & Glass
Paper
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Advertising & Promotion
Ceramic Tiles Printing
Clothing & Household Textiles
Packaging
Publication
Glass Printing
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/digital-ink-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.