Fastest Growing Segment of Digital Inks Market (worth 4.17 Billion USD by 2023)


Posted June 14, 2018 by abhijeetw1

The global digital inks market is projected to grow from an estimated USD 2.71 Billion in 2018 to USD 4.17 Billion by 2023, at a CAGR of 9.1% from 2018 to 2023.

 
The report "Digital Inks Market by Formulation (Solvent-Based, Water-Based, UV-Cured), Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Packaging, Glass Printing), Substrate, and Region - Global Forecast to 2023", The global digital inks market is projected to grow from USD 2.71 Billion in 2018 to USD 4.17 Billion by 2023, at a CAGR of 9.1% from 2018 to 2023. The growth in the demand for digitally printed soft signage is driving the market for digital inks. In addition, the extensive use of digital inks in ceramics printing has created a high demand for digital inks for use in the application. Packaging is the fastest-growing segment of the digital inks market, owing to the high demand for digital inks for label printing.

Browse 192 market data Tables and 29 Figures spread through 164 Pages and in-depth TOC on "Digital Inks Market by Formulation (Solvent-Based, Water-Based, UV-Cured), Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Packaging, Glass Printing), Substrate, and Region - Global Forecast to 2023"

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Based on formulation, the solvent-based segment is estimated to account for the largest share of the digital inks market in 2018.

Based on formulation, the solvent-based segment is estimated to account for the largest share of the digital inks market in 2018. Solvent-based digital inks are the most cost-effective digital inks and are widely used in advertising & promotion, ceramics tiles printing, and packaging applications.

Based on substrate, the plastics segment is estimated to account for the largest share of the digital inks market in 2018.

Based on substrate, the plastics segment is estimated to account for the largest share of the digital inks market in 2018. Digitally printed plastics can be used on Point-of-Purchase displays, labels, nameplates, light box displays, industrial graphics, exhibition graphics, and promotional graphics and membrane switches.

Based on application, the advertising & promotion segment is estimated to be the largest application segment of the digital inks market in 2018.

Based on application, the advertising & promotion segment is estimated to be the largest application segment of the digital inks market in 2018. This large share can be attributed to the rising demand for digital inks in Point-of-Sale (PoS) displays, Point-of-Purchase (PoP) displays, and other digital soft signage printing in the retail end-use market.

The digital inks market in Asia Pacific is expected to witness the highest growth during the forecast period.

China is the largest consumer of digital inks in the Asia Pacific region. The growth of the retail sector in China will drive the demand for digital inks in the country, especially in the advertising & promotion application segment. There has been growth in retail subsectors such as cosmetics, jewelry, sport and leisure articles, cars, furniture, communication devices, household appliances, and consumer electronics.

Key players in the digital inks market include Sun Chemical (US), INX International Ink (US), Toyo Ink SC Holdings Co. (Japan), JK Group (Italy), and Nazdar Company (US), among others.

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Target Audience

Manufacturers, Dealers, and Suppliers of Digital Inks
End Users of Digital Inks
Government and Research Organizations
Companies Operational in Material R&D
Associations and Industrial Bodies
Investment Banks
Consulting Companies/Consultants in Chemical and Material Sectors
“This study answers several questions for stakeholders, primarily the market segments, which they need to focus on during the next 2 to 5 years so that they may prioritize their efforts and investments accordingly.”
Scope of the Report: This research report categorizes the digital inks market based on formulation, substrate, application, and region, and forecasts revenues as well as analyzes trends in each of the submarkets.


Solvent-based

Water-based

UV-cured

Others

Plastics

Textile

Ceramics & Glass

Paper

Advertising & Promotion

Ceramic Tiles Printing

Clothing & Household Textiles

Packaging

Publication

Glass Printing

Others

Asia Pacific

North America

Europe

Middle East & Africa

South America

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Issued By MarketsandMarkets
Country United States
Categories Business , Manufacturing
Tags digital inks , digital inks market
Last Updated June 14, 2018