Reports
Global Ink Market: By Technology; By Ink Type; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Manufacturing Process; Project Requirement and Cost Involved; Loans and Financial Assistance; Project Economics; Competitive Landscape; Industry Events and Developments
Global Ink Market Outlook
The global ink market reached a value of nearly USD 21.85 billion in 2022. The market is further expected to grow at a CAGR of 2.90% in the forecast period of 2023-2028 to reach approximately USD 25.94 billion by 2028.
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Based on technology, lithographic ink has emerged as the most prominent technology owing to its affordability and superior quality. Based on ink type, the global ink market has been segmented as oil based, solvent based, and water based inks, where oil-based inks account for the largest share in the industry. By applications, the label and packaging segment dominates the application area.
The global ink market is dominated by the Asia Pacific region. The demand is growing in the region due to the escalating consumer disposable incomes.
Properties and Applications
Inks can be found on almost all the products that we use in our day-to-day life whether it is newspapers, magazines, books or plastic bottles, aluminium cans, etc. They are manufactured either in the form of a liquid or paste containing pigments/dyes and then used to colour a surface to produce an image, text or design in commercial printing, publishing and packaging industries.
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On the basis of technology, the ink market is segregated into:
- Lithographic
- Flexographic
- Gravure
- Digital
- Letterpress
- Others
Based on ink type, the industry is divided into:
- Oil Based
- Solvent Based
- Water Based
Based on applications, the industry is segmented into:
- Label and Packaging
- Commercial Printing
- Publications
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The global ink market is being driven by increasing demand for the product in the packaging and labelling industry, rising demand for environment-friendly (vegetable-oil based) inks, technological advancements, and a growing demand from the emerging economies. The industry is further expected to retain a stable growth during the forecast period. This report by Expert Market Research entitled “Global Ink Market Report and Forecast 2023-2028” provides a comprehensive analysis for anyone who plans to foray into the ink market.
This report provides an exhaustive insight for setting-up and running an ink manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global ink market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ALTANA
- Dow
- Sun Chemical
- Central Ink Corporation
- Flint Group
- Akzo Nobel N.V.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Ink Type, Application, Region |
| Breakup by Technology | Lithographic, Flexographic, Gravure, Digital, Letterpress, Others |
| Breakup by Ink Type | Oil Based, Solvent Based, Water Based |
| Breakup by Application | Label and Packaging, Commercial Printing, Publications, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | ALTANA, Dow, Sun Chemical, Central Ink Corporation, Flint Group, Akzo Nobel N.V., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ink Market Analysis
8.1 Key Industry Highlights
8.2 Global Ink Historical Market (2018-2022)
8.3 Global Ink Market Forecast (2023-2028)
8.4 Global Ink Market by Technology
8.4.1 Lithographic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Flexographic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Gravure
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Digital
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Letterpress
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Ink Market by Ink Type
8.5.1 Oil Based
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Solvent Based
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Water Based
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Ink Market by Application
8.6.1 Label and Packaging
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Commercial Printing
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Publications
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Ink Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Detailed Process Flow
12.2 Operations Involved
12.3 Mass Balance
13 Project Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Machinery
13.4 Machinery Pictures
13.5 Raw Material Requirements and Expenditures
13.6 Raw Material and Final Product Pictures
13.7 Packaging Requirements and Expenditures
13.8 Transportation Requirements and Expenditures
13.9 Utility Requirements and Expenditures
13.10 Manpower Requirements and Expenditures
13.11 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players' Market Share
16.3 Company Profiles
16.3.1 ALTANA
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 Dow
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Sun Chemical
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Central Ink Corporation
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Flint Group
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 Akzo Nobel N.V.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Certifications
16.3.7 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Ink Market: Key Industry Highlights, 2018 and 2028
2. Global Ink Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. Global Ink Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. Global Ink Market Forecast: Breakup by Ink Type (USD Billion), 2023-2028
5. Global Ink Historical Market: Breakup by Ink Type (USD Billion), 2018-2022
6. Global Ink Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Ink Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Ink Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Ink Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Ink Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Ink Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Ink Market Structure
Key Questions Answered in the Report
In 2022, the global ink market attained a value of nearly USD 21.85 billion.
The market is projected to grow at a CAGR of 2.90% between 2023 and 2028.
The market is estimated to witness a stable growth in the forecast period of 2023-2028 to reach about USD 25.94 billion by 2028.
The major drivers of the market include the increasing applications of ink in the packaging and labelling sector, growth of the commercial printing sector, rising demand from the developing regions, rising disposable incomes, and the growing technological advancements.
The key trend guiding the growth of the ink market is the development and launch of environment-friendly, vegetable-oil based inks.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
Lithographic ink is the leading technology in the market.
Oil based inks represent the leading ink type in the market.
The application segment is led by the label and packaging sector.
The leading key players in the market are ALTANA, Dow, Sun Chemical, Central Ink Corporation, Flint Group, and Akzo Nobel N.V., among others.
Analyst Review
The global ink market attained a value of USD 21.85 billion in 2022, driven by technological advancements and the growing product demand in the packaging and labelling sector. Aided by the growing demand for environment-friendly inks, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 2.90%. The ink market is projected to reach USD 25.94 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its technology, the ink industry is led by lithographic segment. On the basis of ink type, oil based accounts for the leading share in the industry. On the basis of applications, the label and packaging sector dominates the industry. The major regional markets for ink are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include ALTANA, Dow, Sun Chemical, Central Ink Corporation, Flint Group, and Akzo Nobel N.V., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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