According to the latest report by IMARC Group, titled “Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global ink market reached a value of US$ 21.8 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.1% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Ink is a liquid, or a paste used to color a surface to produce an image, text, or design using pigments, dyes, resins, lubricants, solubilizers, fluorescents, and surfactants. It plays a vital role in most aspects of human life, as it is used to print newspapers, magazines, calendars, books, and product information on the packaging. In recent years, the increasing use of household printing devices has added to the growth of the global ink market.
Global Ink Market Trends:
Ink finds applications in diverse industries across the globe. A significant increase in on-the-go food consumption has led to a rise in the demand for single-serve ready-to-go food products. As a result, there has been an expanding application of ink in the food packaging industry. Apart from this, the demand for ink is rising from the publishing industry as thicker inks, in the form of a paste, are extensively used in letterpress and lithographic printing. Furthermore, the governments have made stringent regulations regarding printing details on the back of cosmetics, personal care, food and beverages and other products. Moreover, the growing environmental awareness among consumers has encouraged manufacturers to develop bio-based ink produced from algae cells and other plant materials. Some of the other major drivers are constant innovations in the development of inks that facilitate paper recycling, advancements in ink producing technologies, the growing usage of home printers, and easy availability of raw materials.
Ink Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global ink market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the global ink market on the basis of technology, ink type, application and region.
Breakup by Technology:
Breakup by Ink Type:
- Oil Based
- Solvent Based
- Water Based
Breakup by Application:
- Label & Packaging
- Commercial Printing
Breakup by Region:
- Asia Pacific
- North America
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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