Printing Inks Market Estimated to Cross US$ 26.8 Bn by 2030

The global Printing Inks market size was reached at USD 21.0 billion in 2020 and is projected to surpass US$ 26.8 billion by 2030, expanding growth at a CAGR of 4.8% from 2021 to 2030.

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Growth Factors

 Growing demand from end-use applications including flexible packaging & labels, corrugated cardboards, commercial letterpress, and folding cartons are the main factors expected to drive the market over the forecast period. Rise in consumer spending in Asia Pacific and North American regions, increasing demand for superior quality flexible packaging are some of the main parameters influencing the overall demand for printing inks globally.

Product innovations, technological progressions, new raw material sourcing models and expansion strategies are some of the major drifts the companies are focusing on to cater to the specific consumer requirements. The recent trends witnessed by this industry include rising significance of flexographic and digital toners, food-safe printing inks and a shift in consumer preference towards environment-friendly products.

Report Coverage

Report Scope Details
Market Size USD 26.8 billion by 2030
Growth Rate CAGR of 4.8% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Resin, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Flint Group; DIC Corporation; Siegwerk Druckfarben AG & Co. KGaA; Sakata Inx Corporation; T&K TOKA Corporation; Dainichiseika Color & Chemicals Mfg. Co., Ltd.; DEERS I CO., Ltd.; Epple Druckfarben AG; TOYO INK SC HOLDINGS CO., LTD.; Hubergroup; TOKYO PRINTING INK MFG CO., LTD.

Report Highlights

Lithographic segment dominated for a prominent share of the overall market in terms of value in 2020. The segment is expected to witness substantial growth over the forecast period owing to a combination of high-quality prints and efficiency in large-scale projects.

Flexographic inks can be utilized on various substrates such as paper, laminates, films, foils, and corrugated boards. These inks are expected to witness prominent growth over the forecast period, supported by their eco-friendly nature and low costs.

Polyurethane is the fastest-growing resin segment and is projected to account for over 17% of the resin revenue in 2028. The composition of the resins is a significant factor for the type of ink produced. Hydrocarbons & modified rosins are used for producing lithographic solvents, polyamides & polyurethanes are used for manufacturing gravure and solvent-based-flexographic products.

The other factors contributing to polyurethane’s faster growth for manufacturing printing solvents include its high tensile and tear strength, bonding potential with types of substrates, corrosion resistance, and hardness flexibility.

Packaging & labels segment is the largest and fastest ink application segment, which accounts for over 46% of the total segment revenue. The growth of this application has witnessed a flourishing trend in the last five years owing to the growing middle-class population in emerging nations such as India and Thailand, change in consumer preference for the convenience of food packaging & online retailing with extensive internet penetration, and requirement of bio-degradable products.

Asia Pacific acconuted the overall printing inks market at 37.39% in 2020 and was valued at over USD 6 billion in the same year. The market  Emerging regions, such as the Asia Pacific, are anticipated to register strong demand from end-use industries.

Key Players

  • Flint Group
  • DIC Corporation
  • Siegwerk Druckfarben AG & Co. KGaA
  • Sakata Inx Corporation
  • T&K TOKA Corporation
  • Dainichiseika Color & Chemicals Mfg. Co., Ltd.
  • DEERS I CO., Ltd.
  • Epple Druckfarben AG
  • TOYO INK SC HOLDINGS CO., LTD.
  • Hubergroup
  • TOKYO PRINTING INK MFG CO., LTD.

Market Segmentation

  • Product
    • Gravure
    • Flexographic
    • Lithographic
    • Digital
    • Others
  •  Resin
    • Modified rosin
    • Modified cellulose
    • Acrylic
    • Polyurethane
    • Others
  • Application
    • Packaging & labels
    • Corrugated cardboards
    • Publication & Commercial Printing
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • Italy
      • UK
    • Asia Pacific
      • China
      • Japan
      • India
    • Central & South America (CSA)
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Printing Inks Market, By Product

7.1.  Printing Inks Market, by Product, 2021-2030

7.1.1.    Gravure

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Flexographic

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Lithographic

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Digital

7.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Printing Inks Market, By Resin

8.1.  Printing Inks Market, by Resin, 2021-2030

8.1.1.    Modified rosin

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Modified cellulose

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Acrylic

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Polyurethane

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Printing Inks Market, By Application

9.1.  Printing Inks Market, by Application, 2021-2030

9.1.1.    Packaging & labels

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Corrugated cardboards

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Publication & Commercial Printing

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Others

9.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Printing Inks Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Product (2017-2030)

10.1.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.1.3.  Market Revenue and Forecast, by Application (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Product (2017-2030)

10.2.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.2.3.  Market Revenue and Forecast, by Application (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Product (2017-2030)

10.3.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.3.3.  Market Revenue and Forecast, by Application (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Product (2017-2030)

10.4.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.4.3.  Market Revenue and Forecast, by Application (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Product (2017-2030)

10.5.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.5.3.  Market Revenue and Forecast, by Application (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 11.  Company Profiles

11.1.              Flint Group

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              DIC Corporation

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Siegwerk Druckfarben AG & Co. KGaA

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Sakata Inx Corporation

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              T&K TOKA Corporation

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Dainichiseika Color & Chemicals Mfg. Co., Ltd.

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              DEERS I CO., Ltd.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Epple Druckfarben AG

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              TOYO INK SC HOLDINGS CO., LTD.

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Hubergroup

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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