The global printing inks market has been estimated at USD 56.11 billion in 2016 and is projected to reach USD 72.02 billion by 2021, growing at a CAGR of 5.12% during the forecast period, 2016 to 2021.
Printing inks are liquid or paste compounds, which contain pigments or dyes mixed with oils, solvents or water. These inks are used to color surfaces to get the desired impression on surfaces such as paper, cardboard, and ceramic tiles. Liquid inks are primarily used in gravure and flexographic printing processes, while paste inks are used in offset printing process. Pigments are used as colorants in printing inks (except in flexographic printing process). Flexographic printing process employs dyestuff as colorants for printing applications. Other than flexographic printing inks, dyestuff is used as a colorant in certain special applications such as heat transfer printing, invisible, and fluorescent printing.
The growing demand from the packaging industry in various regions is anticipated to drive the global printing inks market. The growing number of packaging industries in emerging economies such as China and India are likely to drive the market at a significant growth rate during the forecast period. The rising demand for digital printing inks in the global printing inks market is another key driver in the end-user segment, which is anticipated to drive the market in the future. However, the robust growth of digital media is hampering the commercial printing industry, which is anticipated to counter the growth of printing inks market, globally.
The global printing inks market is divided into three segments - product, process, and application. By product, printing inks are further divided into solvent-based, water-based, oil-based, and others (including UV curable, decorative, etc.). Oil-based printing inks dominate the printing inks market, globally, as they are employed primarily in offset printing process. By process, the market is sub-segmented into offset printing process, gravure printing process, flexographic, screen, digital, and other (including letterpress, etc.) printing processes. The offset printing process is the most employed printing process, globally. By application, printing inks are subdivided into publication & commercial, packaging, textiles, and others (including decorative, security printing, etc.). Packaging, especially in the food & beverages packaging industry, is a dominating segment in the global printing inks industry.
Opportunities and Major Players
The increasing demand for UV curable printing inks and bio-based printing inks is projected to offer significant growth opportunities to the global printing inks market in the future. Industries such as food & beverage and packaging are expected to be the potential markets for these inks, among other end-use applications.
Some of the major companies dominating this market for its products, services, and continuous product development, include:
Tokyo Printing Ink
Key Deliverables in the Study:
- Market analysis for the global printing inks market, with region-specific assessments and competition analysis on a global and regional scale.
- Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
- Extensively researched competitive landscape section with profiles of major companies along with their market share.
- Identification and analysis of the macro and micro factors that affect the global printing inks market on both, global and regional scales.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
- Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
1.2 Research Methodology
1.3 Market Definition
2. Executive Summary
3. Market Insights
3.1 Market Overview and Definition
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Model
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Buyers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products
3.3.5 Degree of Competition
4. Market Dynamics
4.1.1 Growing Digital Printing Industry
4.1.2 Rising Demand from Packaging Industry
4.1.3 Increase in Demand from Emerging Economies
4.2.1 Downturn in Commercial Printing Industry
4.2.2 Stringent Government Regulations
4.3.1 Rising Demand for Bio-Based Printing Inks
4.3.2 Rising Demand for UV Curable Printing Inks
5. Market Segmentation and Analysis
5.1 By Product
5.1.4 Others (Including UV c=Curable)
5.2 By Process
5.2.1 Offset Printing
5.2.2 Flexographic Printing
5.2.3 Gravure Printing
5.2.4 Screen Printing
5.2.5 Digital Printing
5.2.6 Others (Including Letter Press, etc.)
5.3 By Application
5.3.1 Publication & Commercial
5.3.4 Others (Including Decorative Printing, Sceurity Printing, etc.)
6. Regional Market Analysis (Market Size, Growth and Forecast)
6.1.4 South Korea
6.1.6 Australia & New Zealand
6.1.7 ASEAN Countries
6.1.8 Rest of APAC
6.2.7 The Netherlands
6.2.8 Rest of Europe
6.3 North America
6.3.4 Rest of North America
6.4 South America
6.4.4 Rest of South America
6.5 Middle East and Africa
6.5.2 South Africa
6.5.3 Saudi Arabia
6.5.5 Rest of MEA
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures Collaborations and Agreements
8.3 Market Share Analysis
8.4 Strategies Adopted by Leading Players
9. Company Profiles
9.1 DIC/Sun Chemical
9.2 Flint Group
9.3 Toyo Ink
9.4 Sakata INX
9.5 Siegwerk Group
9.6 Huber Group
9.7 T&K Toka
9.8 Tokyo Printing Ink
9.9 Fujifilm North America
9.11 ALTANA AG
9.12 Dainichiseika Color
9.13 Yip's Chemical Holdings
9.14 Epple Druckfarben
9.15 Wikoff Color
9.16 Royal Dutch Van Son
9.17 Sanchez SA de CV
9.18 Marabu GmbH & Co. KG
9.19 XinXiang Wende Xiangchuan
9.21 Daihan Ink
9.22 Letong Chemical
9.23 Bordeaux Digital PrintInk Ltd.
9.24 RUCO Druckfarben
9.25 - (List Not Exhaustive)