The global digital ink market was valued at $2.6 billion in 2018, and is projected to reach $4.3 billion by 2026, growing at a CAGR of 6.1% from 2019 to 2026. Digital ink can be defined as ink used in digital printing process. This process enables handwriting and drawings to be added electronically to substrates or documents.
The market is anticipated to witness considerable growth owing to numerous factors such as the rise in demand from the packaging industry in developing regions such as Asia-Pacific and LAMEA. In addition, the industrial development in countries such as China and India is surging the demand for digital ink in office applications and commercial printing applications. Digital ink is also used for advertisement and promotion of a particular product. However, the rise in the utilization of the internet, and the utilization of electronics display for the purpose of advertisement are some factors that hinder the market growth.
The global digital ink market is segmented on the basis of ink type, technology type, substrate, application, and region. Depending on type, the market is classified into digital textile ink, UV ink, solvent ink, water-based ink, packaging ink, and others. By technology ink, it is classified into electrography, and ink-jet. On the basis of substrate, the market is categorized into textile, plastics, ceramic & glass, and others. Based on the application, the market is bifurcated into commercial printing, office printing, packaging, industrial printing, publication, textiles, and others. By region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Type
By Technology Type
By Application
By Region
The market is anticipated to witness considerable growth owing to numerous factors such as the rise in demand from the packaging industry in developing regions such as Asia-Pacific and LAMEA. In addition, the industrial development in countries such as China and India is surging the demand for digital ink in office applications and commercial printing applications. Digital ink is also used for advertisement and promotion of a particular product. However, the rise in the utilization of the internet, and the utilization of electronics display for the purpose of advertisement are some factors that hinder the market growth.
The global digital ink market is segmented on the basis of ink type, technology type, substrate, application, and region. Depending on type, the market is classified into digital textile ink, UV ink, solvent ink, water-based ink, packaging ink, and others. By technology ink, it is classified into electrography, and ink-jet. On the basis of substrate, the market is categorized into textile, plastics, ceramic & glass, and others. Based on the application, the market is bifurcated into commercial printing, office printing, packaging, industrial printing, publication, textiles, and others. By region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the market from 2019 to 2026 to determine the prevailing opportunities
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided
- The market size is provided in terms of revenue and volume
- Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the industry for strategy building
- Profiles of leading players operating in the market are provided to understand the competitive scenario
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
KEY MARKET SEGMENTS
By Type
- Digital Textile Ink
- Sublimation Ink
- Disperse Ink
- Textile Pigment Ink
- Reactive Ink
- Acid Ink
- UV Ink
- Rigid UV Ink
- Universal UV Ink
- Flexible UV Ink
- Solvent Ink
- Eco Solvent
- Others
- Water-Based Ink
- Dye Ink
- Pigment Ink
- Packaging Ink
- Label Ink
- Soft Packaging Ink
- Others
- Others
- Desktop Ink
- Glass Ink
- Ceramic Ink
- Circuit Board Ink
By Technology Type
- Electrography
- Ink-Jet
- By Substrate
- Textile
- Plastics
- Ceramic & Glass
- Others
By Application
- Commercial Printing
- Office Printing
- Packaging
- Flexible Packaging
- Rigid Containers
- Labels
- Retail Bags & Sacks
- Industrial Printing
- Publication
- Periodicals
- Books
- News Papers
- Others
- Textiles
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Spain
- Italy
- Russia
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- South Korea
- Vietnam
- Thailand
- Pakistan
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Columbia
- Egypt
- Iran
- Rest of LAMEA
Frequently Asked Questions about the Global Digital Ink Market
What is the estimated value of the Global Digital Ink Market?
What is the growth rate of the Global Digital Ink Market?
What is the forecasted size of the Global Digital Ink Market?
Who are the key companies in the Global Digital Ink Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 771 |
| Published | February 2020 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 2.6 billion |
| Forecasted Market Value ( USD | $ 4.3 billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GLOBAL DIGITAL INK MARKET, BY INK TYPE
CHAPTER 5: GLOBAL DIGITAL INK MARKET, BY TECHNOLOGY TYPE
CHAPTER 6: GLOBAL DIGITAL INK MARKET, BY SUBSTRATE
CHAPTER 7: GLOBAL DIGITAL INK MARKET, BY APPLICATION
CHAPTER 8: DIGITAL INK MARKET, BY REGION
CHAPTER 9: COMPANY PROFILES
CHAPTER 10: COMPANY PROFILES (CHINA)
Executive Summary
According to the report titled 'Global Digital Ink Market by Type, Technology Type, Substrate Type, and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the digital ink market accounted for revenue of $2.6 billion in 2018 and is anticipated to generate $4.3 billion by 2026. The market is projected to experience growth at a CAGR of 6.1% from 2019 to 2026.Digital ink can be defined as ink used in digital printing process, this process enables inks or drawings to be printed electronically to substrates or documents.
The global digital ink market is analyzed on the basis of ink type, technology type, substrate, application, and region. Depending on type, the market is categorized into digital textile ink, UV ink, solvent ink, water-based ink, packaging ink, and others. By technology type, it is classified into electrography, ink-jet. Different types of substrates analyzed in the report textiles, plastics, ceramic & glass, and others. Various applications of digital inks studied in the market are commercial printing, office printing, packaging, industrial printing, publication, textiles, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The digital ink market share is analyzed across all the main regions and countries.
By ink type, the digital textile ink segment dominated the global digital ink market, in 2018. UV ink has the second highest share in the market in terms of revenue. This is attributed to its high-energy efficiency. Its other advantages include line efficiency, quality control, and product consistency. UV curable inks enhance the performance of the printer, thereby increasing the speed of the process. UV curable inks are more efficient than traditional printers are as they emit very small amounts of volatile organic compounds and generally require no add-on air pollution control equipment. UV curable inks find frequent application in the publications, automobile, consumer goods and others.
On the basis of technology type, ink-jet is anticipated to grow at fastest growth rate. Ink-jet printing technology is anticipated to witness significant growth during the analysis period owing to surge in the demand from industrial printing and the 3D printing industry.
By substrate, the plastic segment has garnered a dominant share in the market. Plastic is highly adopted in packaging sector as it is lightweight, easy to handle, cost effective, and others.
By region, Asia-Pacific has gained a second highest share in the market in terms of volume and revenue. This is attributed to the presence of large consumer base such as packaging, textiles, and others in countries such as China, Japan, and India.
The digital ink market analysis covers in-depth information of the major industry participants. The key player operating and profiled in the market includes DIC Corporation, Dover Corporation, Du Pont, Flint Group, Marabu GmbH & Co. KG, Nazdar Ink Technologies, Sakata Inx Corporation, Toyo Inc., Sc Holdings Co. Ltd., Wikoff Color Corporation, and Zhuhai Print-Rite New Materials Corporation Limited (PMZ).
Other players in the value chain of the market include AM Printex, Digitex India Inc., APV Engineered Coatings, Eastern Marking Machine Corp., T&K Toka Corporation, and Leibinger Group.
Key Findings of the Study:
The Digital ink Market is analyzed from 2018 to 2026
The Europe is projected to grow at the highest CAGR of nearly 5.8%, in terms of revenue during the forecast period
Based on the type, the digital textile ink segment is anticipated to grow at highest growth rate of 9.0% during the forecast period, in terms of revenue
Europe dominated the market with a share of over 48.8% in 2018
A comprehensive analysis of the factors that drive and restrain the market growth is provided
The qualitative data in this report aims at the market dynamics, trends, and developments in the industry
The digital ink market size in provided in terms of revenue and volume
Companies Mentioned
- DIC Corporation
- Dover Corporation
- Du Pont
- Flint Group
- Marabu GmbH & Co. KG
- Nazdar Ink Technologies
- Sakata Inx Corporation
- Toyo Inc.
- Sc Holdings Co. Ltd.
- Wikoff Color Corporation
- Zhuhai Print-Rite New Materials Corporation Limited (PMZ)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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