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. During 2014-2018, the global ink market grew at a CAGR of around 4% driven by increasing applications 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 market is further expected to retain a stable growth during the forecast period. This report by Expert Market Research entitled “Ink Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the ink market.
Historical market trends for the global ink industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global ink market into the following major regions – North America, Asia-Pacific and Europe. Asia pacific currently represents the largest market. On the basis of product type, the global ink market has been segmented as oil-based inks, solvent-based liquid inks, water-based liquid inks and other inks. Additionally, the report has segmented the global ink market by end-use industries (packaging, publishing and commercial printing industry and others) and by various technologies (Lithographic, Gravure, Flexographic and Digital) presently being used for printing inks.
The value chain analysis of the ink industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the ink industry has also been provided. Some of the key players in this market include Sun Chemicals, Flint Group, Toyo Ink, Siegwerk Group and Sakata INX.
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.
The following are the key questions answered by this report:
- What are the market trends for the global ink market?
- Which are the biggest markets (regions) for ink?
- What are the major types of ink? Which are the most popular?
- What are the key application areas for ink?
- Who are the key manufacturers in the ink market?
- What are the land and construction requirements to start an ink manufacturing plant?
- What are the machinery requirements to start an ink manufacturing plant?
- How is ink priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start an ink manufacturing plant?
- What are the running costs of an ink manufacturing plant?
- How much revenue can an ink manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the ink industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.