The recent analysis by Markntel Advisors (a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals) on Next-Generation Printing Ink Market describes factors using drivers, Challenges, Opportunities, and Trends, that propel the market growth and expansion. Using this report, the readers can better understand various consumer types, purchasing intentions, wants and preferences, viewpoints on the product/service, how they react to a specific product that is currently on the market, and much more with the accurate and current information provided in this research report. The study also provides a thorough analysis of the measures that important stakeholders might take to lessen and avoid different economic repercussions.
Next-Generation Printing Ink Market Growth Insights with Opportunities, Trends, Drivers, and Challenges for 2024-2030
According to the most recent analysis, The Global Next-Generation Printing Ink Market size is valued at USD 6,457.8 million in 2023 and is projected to reach USD 9,456.5 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.6% during the forecast period. The stakeholders will gain in-depth knowledge about the market dynamics and competitive landscape from past, present, and future perspectives, enabling them to use this information to guide their use of money and resources. The Next-Generation Printing Ink Market offers an overall analysis of the market size and development trends over the next five years (2024-2030) using both quantitative and qualitative methods.
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Market Report Scope:
Base year of the Analysis: 2023
Historic Period: 2019
Forecast Period: 2024-2030
Report Delivery Format: PDF, Excel, and PowerPoint formats, within 24 hours of the payment being successfully received
Global Next-Generation Printing Ink Market Driver:
Escalating Growth in the Packaging Industry Creating Immense Demand for Next-Generation Printing Inks– There has been significant growth in the packaging sector because of changing consumer needs concerning better and more attractive product packaging. Improving disposable incomes coupled with the evolving consumer lifestyle in developing countries drive the growth of the packaging industry through increased demand for high-quality, unique packaging solutions that help differentiate a product at retail. Besides, the growth of the e-commerce industry has added to the demand for packaging solutions across the globe. The increased trend in online shopping creates an enhanced demand for packaging solutions to ensure delivery without any damage to the products. This has resulted in an increased demand for new, attractive, and aesthetically appealing packaging solutions. Since packaging is used widely as a strategic way of advertisement to attract customers, numerous manufacturers & leading players are massively investing in elaborative & unique packing solutions, which are fueling the demand for printing inks.
Moreover, stringent safety standards in the food and beverage industry increase the need for inks safe for direct food contact, and resistant to dampness and temperature changes. Further, the pharmaceutical and cosmetic industry also demands a high dose of anti-counterfeiting; hence, inks possessing exceptional security properties, such as UV visibility and magnetism, are greatly pursued for the authenticity of their products. Thus, with the surging growth in the packaging industry, demand for next-generating printing inks is also growing at a fast pace, augmenting the market growth.
Next-Generation Printing Ink Market – Competitive and Segmentation Analysis:
The market is divided into key segments based on various categories. Analyzing the growth within these segments will highlight areas of limited growth in the industry and provide valuable insights and an overview to assist users in making informed strategic decisions for identifying core market opportunities.
By Ink Type
-Aqueous Ink
-Solvent-Based Ink
-UV-Cured Ink
-Eco-Solvent Ink
-Latex-Based Ink
-Others (Invisible Ink, Conductive Ink, Toner, etc.)
- The aqueous ink segment holds a considerable market share in the Next-Generation Printing Ink market globally driven by their environment-friendly and versatile nature.
By Printing Technology
-Inkjet
–Continuous Inkjet Printing Technology
–Drop-on-Demand Inkjet Printing
-Laser
By Application
-By Apparels
–Direct-to-Garment
–Roll-to-Roll (Fabric)
-Publishing and Printing
–Signage
–Security and Transactional Printing
–Others (Books, Magazines, etc.)
-Packaging
–Signage and Display Graphics
–Corrugated Packaging
–Others (Flexible Packaging, Bottles and Cans, etc.)
-Building and Construction
–Ceramic Tiles
–Decorative Floors (Laminate Flooring)
–Others (Decorative Glass, Wallcoverings, etc.)
-Cosmetics
-Others (Printed Circuit Boards, Automotive, etc.)
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By Region
-North America
-South America
-Europe
-Asia-Pacific
-Middle East & Africa
Asia-Pacific is anticipated to dominate the market with the largest share during the forecast period.
Who Are the Leaders in the Next-Generation Printing Ink Market?
The competitive landscape of the market offers insights into various competitors, including company overviews, financial performance, revenue generation, market potential, and investment in research and development. It also highlights new market initiatives, production sites and facilities, production capacities, as well as the strengths and weaknesses of each company. Additionally, the analysis covers product launches, product range, and application dominance. These data points specifically focus on the companies’ strategies and positioning within the market.
Mimaki Engineering Co., Ltd., Altana AG, Kornit Digital Ltd., DuPont de Nemours, Inc., Flint Group, DIC Corporation, Huntsman Corporation, Domino Printing Sciences PLC, FUJIFILM Holdings Corporation, Memjet, Sakata Inx Corporation, Roland DG Corporation, Arrow Systems Inc, Toyo Ink Co. Ltd., Epson, Sun Chemical, Others
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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