Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Digital Inks Market: By Substrate, By Formulation, By Application and Geography
Digital Inks Market: By Substrate, By Formulation, By Application and Geography
Digital Inks Market size is valued at US$ 3.262.3 million in 2023 and is poised to grow at a CAGR of 9.3% from 2024-2030. The global market provides a detailed overview of the digital inks market size and that can be segmented by substrate, formulation, and Application. By substrate, the Digital Inks market growth has been segmented into Ceramics & Glass, Paper, Plastics, and Textiles. The plastics segment is likely to be the largest and fastest-growing segment in terms of the substrate. Plastics are appropriate substrates for printing, as they have resilience, strength, flexibility, protective, and durability properties. Wide-format UV-curable ink-jet technologies, like digital cut-sheet and digital roll-to-roll, are accustomed to printing on plastics digitally. Numerous plastic substrates utilized for digital printing comprise polyester, rigid vinyl, polycarbonate, polystyrene acrylic, and cast vinyl.
Based on Formulation, the Digital Inks market is segmented into UV-cured, Solvent-Based, Water-Based, and Others. Among these, the Solvent-Based segment is expected to have the fastest-growing market during the forecast period 2022-2028. Solvent-based digital inks behave as carriers transporting the pigment to the substrate. These inks also support melting the substrate's surface. Ink dyes enter the softened surface to thrive in the inner substrate layer. Subsequently, the solvent evaporates so that the pigment is imprinted into the substrate's surface to generate an image that is weather and scratch-resistant. Solvent-based digital inks are frequently utilized with a spread of substrates comprising inexpensive uncoated media. Based on the Application, the Digital Inks market is segmented into Publication, Packaging, Glass Printing, Clothing & Household Textiles, Ceramic Tiles Printing, Advertising & Promotion, and Others. The Advertising & Promotion segment is expected to have a significant share in 2021. The food services industry and restaurants use wide-format graphics which is digitally printed to increase sales and create awareness about food products.
Study Period
2024-2030Base Year
2023CAGR
3.6%Largest Market
EuropeFastest Growing Market
Asia Pacific
The strict regulations concerning packaging are anticipated to propel the market growth over the forecast years. Moreover, the rising demand for UV-cured digital inks due to their fast eco-friendly and drying qualities and the development within the ceramics textiles market are burgeoning the market growth over the forecast years.
Asia Pacific market is expected to witness the highest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market CAGR |
3.6% |
|
By Substrate |
|
|
By Formulation |
|
|
By Application |
|
Download Free Sample Report
The digital inks market size was valued at US$ 3.262.3 million in 2023
Development of the retail end-use sector
Developing trends in the digital ink market are the obtainability of compatible printing devices, a surge in need for customized merchandise, the growth of the advertising sector in emerging regions
In June 2022, at ITM Istanbul, new digital textile ink printers were launched by SPGPrints.
| 1.Executive Summary |
| 2.Global Digital Inks Market Introduction |
| 2.1.Global Digital Inks Market - Taxonomy |
| 2.2.Global Digital Inks Market - Definitions |
| 2.2.1.Substrate |
| 2.2.2.Formulation |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Digital Inks Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Digital Inks Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Digital Inks Market By Substrate, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Ceramics & Glass |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Paper |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Plastics |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Textiles |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Digital Inks Market By Formulation, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. UV-Cured |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Solvent-Based |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Water-Based |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Digital Inks Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Publication |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Packaging |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Glass Printing |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Clothing & Household Textiles |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Ceramic Tiles Printing |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Advertising & Promotion |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global Digital Inks Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Digital Inks Market , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Substrate Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Ceramics & Glass |
| 9.1.2.Paper |
| 9.1.3.Plastics |
| 9.1.4.Textiles |
| 9.2. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.UV-Cured |
| 9.2.2.Solvent-Based |
| 9.2.3.Water-Based |
| 9.2.4.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Publication |
| 9.3.2.Packaging |
| 9.3.3.Glass Printing |
| 9.3.4.Clothing & Household Textiles |
| 9.3.5.Ceramic Tiles Printing |
| 9.3.6.Advertising & Promotion |
| 9.3.7.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Digital Inks Market , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Substrate Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Ceramics & Glass |
| 10.1.2.Paper |
| 10.1.3.Plastics |
| 10.1.4.Textiles |
| 10.2. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.UV-Cured |
| 10.2.2.Solvent-Based |
| 10.2.3.Water-Based |
| 10.2.4.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Publication |
| 10.3.2.Packaging |
| 10.3.3.Glass Printing |
| 10.3.4.Clothing & Household Textiles |
| 10.3.5.Ceramic Tiles Printing |
| 10.3.6.Advertising & Promotion |
| 10.3.7.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Digital Inks Market , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Substrate Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Ceramics & Glass |
| 11.1.2.Paper |
| 11.1.3.Plastics |
| 11.1.4.Textiles |
| 11.2. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.UV-Cured |
| 11.2.2.Solvent-Based |
| 11.2.3.Water-Based |
| 11.2.4.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Publication |
| 11.3.2.Packaging |
| 11.3.3.Glass Printing |
| 11.3.4.Clothing & Household Textiles |
| 11.3.5.Ceramic Tiles Printing |
| 11.3.6.Advertising & Promotion |
| 11.3.7.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Digital Inks Market , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Substrate Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Ceramics & Glass |
| 12.1.2.Paper |
| 12.1.3.Plastics |
| 12.1.4.Textiles |
| 12.2. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.UV-Cured |
| 12.2.2.Solvent-Based |
| 12.2.3.Water-Based |
| 12.2.4.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Publication |
| 12.3.2.Packaging |
| 12.3.3.Glass Printing |
| 12.3.4.Clothing & Household Textiles |
| 12.3.5.Ceramic Tiles Printing |
| 12.3.6.Advertising & Promotion |
| 12.3.7.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Digital Inks Market , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Substrate Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Ceramics & Glass |
| 13.1.2.Paper |
| 13.1.3.Plastics |
| 13.1.4.Textiles |
| 13.2. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.UV-Cured |
| 13.2.2.Solvent-Based |
| 13.2.3.Water-Based |
| 13.2.4.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Publication |
| 13.3.2.Packaging |
| 13.3.3.Glass Printing |
| 13.3.4.Clothing & Household Textiles |
| 13.3.5.Ceramic Tiles Printing |
| 13.3.6.Advertising & Promotion |
| 13.3.7.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Bordeaux Digital Printink Ltd. |
| 14.2.2.Fujifilm Holdings Corporation |
| 14.2.3.Nutec Digital Ink |
| 14.2.4.Nazdar Company |
| 14.2.5.Marabu GmbH & Co. KG |
| 14.2.6.JK Group |
| 14.2.7.INX International Ink |
| 14.2.8.Huntsman Corporation |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.