According to IMARC Group’s latest report, titled ”Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global ink market reached a value of US$ 19.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 23.29 Billion by 2027, exhibiting at a CAGR of 3.34% during 2022-2027.
Ink is a form of a paste or a liquid that is primarily produced from materials, such as dyes, solvents, pigments, lubricants, resins, solubilizers, and surfactants. It has been used for around centuries and is divided into two broad classes, which include writing and printing inks. Printing ink has been witnessing significant growth in demand, in the past few years, for posters, magazines, printing books, calendars, newspapers, journals, and photographs. It is also extensively used across the packaging industry.
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 Market Trends and Drivers:
The rapid expansion of the packaging industry, along with the widespread utilization in the e-commerce industry, represents the primary factor driving the market growth. The increasing investments by product manufacturers to offer unique and elaborative packaging solutions is acting as another major growth-inducing factor. Apart from this, the steadily increasing consumer subscription to magazines, newspapers, and journals is also facilitating the product demand, thus creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ink market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on technology, ink type and application.
Breakup by Technology:
Breakup by Ink Type:
- Oil Based
- Solvent Based
- Water Based
Breakup by Application:
- Label & Packaging
- Commercial Printing
- Asia Pacific
- North America
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Drivers and Success Factors
- Market Trends
- 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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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