Pharmaceutical Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026

Pharmaceutical Inks Market - Overview

Pharmaceutical inks are used to print vital information such as name, manufacturing location, and expiry date on pharmaceuticals. They are also used to print designs, logos, and colors on medicines. Furthermore, these inks are employed in interior and exterior packaging of medicines.

This report analyzes and forecasts the pharmaceutical inks market at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global pharmaceutical inks market. It also covers impact of these drivers and restraints on demand for pharmaceutical inks products during the forecast period. The report also highlights opportunities in the pharmaceutical inks market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global pharmaceutical inks market. Porter’s Five Forces model for the pharmaceutical inks market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein types, pharmaceutical types, and applications are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global pharmaceutical inks market by segmenting it in terms of type, pharmaceutical type, application, and region. In terms of type, the global pharmaceutical inks market has been segmented into water-based, solvent-based, edible inks, and others (including custom solvents). Based on pharmaceutical type, the market has been segregated into solids, semi-solids, and liquids. In terms of application, the market has been classified into capsules, interior packaging, and exterior packaging. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for pharmaceutical ink products in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of the pharmaceutical inks market for the base year 2017 and the forecast for the period between 2018 and 2026. Market numbers have been estimated based on type, technology, and application of the pharmaceutical inks market. Market size has been provided in terms of global, regional, and country level markets.

The report comprises profiles of major companies operating in the global pharmaceutical inks market. Key players operating in the pharmaceutical inks market are Toyo Ink SC Holdings Co. Ltd., Videojet Technologies Inc., Markem-Imaje, and Sun Chemicals. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

Key Takeaways

• Pharmaceutical inks is a fragmented market; a few multinational pharmaceutical ink manufacturers hold significant share of the market
• In terms of type, the solvent-based segment accounts for major share, as it offers advantages such as low price and good quality printing on a wide range of materials such as plastic and aluminum
• Based on pharmaceutical type, the liquids segment constitutes prominent share of the market, as interior and exterior packaging of liquid pharmaceuticals covers a large surface area
• In terms of application, the exterior packaging segment holds dominant share of the pharmaceutical inks market, as it covers a large surface area, thus requiring more pharmaceutical ink compared to that in other applications
• Based on region, North America, Europe, and Asia Pacific are the key consumers of pharmaceutical inks due to the large scale production of pharmaceuticals in these regions
• The global pharmaceutical inks market is likely to expand at a sluggish pace, primarily owing to the high pressure on pharmaceutical ink prices and low requirement of pharmaceutical inks per project due to the improvement in printing technologies such as digital printing