Global demand for printing ink is forecast to expand 4.4% p.a. between 2014 and 2018. Argentina, Azerbaijan, China, Morocco, and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global printing ink industry is forecast to reach 4.4% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 3.3%. Currently, black printing ink accounts for 20.6 % of the global demand while other printing inks cover 79.4% of the market.
Argentina, China, Germany, India, and the United States represent the largest printing ink markets while the strongest annual growth is forecast to occur in Morocco (18.7%), Azerbaijan (16.4%), Indonesia (12.7%), Macedonia (11.6%), and Senegal (11.4%).
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Printing ink market size compared to market growth in different countries
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential printing ink markets in the coming years are:
Ranking Country Market Potential Rate
1. Morocco 0.19
2. Azerbaijan 0.16
3. Indonesia 0.14
4. Macedonia 0.12
5. Senegal 0.11
6. Estonia 0.11
7. Slovakia 0.11
8. Thailand 0.13
9. Kazakhstan 0.09
10. Turkey 0.11
11. Ghana 0.08
12. Bolivia 0.08
13. Sri Lanka 0.08
14. Czech Republic 0.08
15. United States 0.37
16. Ecuador 0.07
17. Latvia 0.07
18. Ethiopia 0.07
19. Vietnam 0.08
20. Panama 0.06
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for printing ink in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Nigeria, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
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