What is the market size of Printing Inks Market?

Global Printing Inks Market size was valued at USD 20.29 billion in 2022 and is poised to grow from USD 20.86 billion in 2023 to USD 26.01 billion by 2031, growing at a CAGR of 2.80% during the forecast period (2024-2031).

Printing Inks Market Size

SkyQuest Technology's Printing inks market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Printing Inks Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Printing Inks Market Insights

Global Printing Inks Market size was valued at USD 25.19 billion in 2023 and is poised to grow from USD 26.55 billion in 2024 to USD 40.44 billion by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).

The global printing inks market is predicted to grow slowly throughout the forecast period. This market has been significantly fueled by factors such as the expanding end-use industry, which comprises flexible packaging, commercial printing & publishing, and package labels. These solutions are expected to be in high demand in the future due to the superior properties of constituents such as colors, binders, solubilizers, and ingredients utilized for creating text, layout, or images, as well as increasing demand from the packaging sector, commercial printing, and evolving consumer tastes.

The global printing inks market is consolidating in order to boost efficiency, support growth, and gain more negotiating power with suppliers and consumers. With low organic growth, market consolidation has been a long-term trend, notably in the western market.

However, due to the moderate growth in product pricing induced by industry competition, downward pricing pressure is likely to hinder revenue growth in the printing inks market. Furthermore, severe regulatory frameworks such as the Federal Food, Drug, and Cosmetic Act and the United States Food and Drug Administration restrict the use, manufacture, and sale of numerous inorganic solvents and hazardous metals. As a result, market expansion will most likely be stifled over the forecast period.

Apart from crude oil derivatives and inorganic pigments, which are key raw materials, the research initiative at the forefront is the creation of inexpensive and non-toxic raw materials that include graphene, carbon dioxide, and modified celluloid. This market is heavily influenced and pushed by technological and process improvements such as ink-jet devices and digital printing.

US Printing Inks Market is poised to grow at a sustainable CAGR for the next forecast year.

Printing Inks Market Report Snapshots

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Printing Inks Market size was valued at USD 20.86 Billion in 2023 and is poised to grow from USD 21.44 Billion in 2024 to USD 26.74 Billion by 2032, growing at a CAGR of 2.80% during the forecast period (2025-2032).

The globally ink business is particularly competitive due to the existence of vertically integrated main players with cutting-edge technologies and equipment, as well as procurement and distribution channels. The industry has experienced a strong consolidation era in various regions, including growth, acquisitions, and mergers and acquisitions leaving the market very competitive. Some expansion plans include Epple Druckfarben Italia S.r.I in Milan, Italy, a subsidiary of Epple Druckfarben for top quality German offset printing inks in Italy, and Sakata Inx Corporation's Kansas, U.S. facility. 'DIC Corporation', 'Flint Group', 'Siegwerk Druckfarben AG & Co. KGaA', 'Toyo Ink SC Holdings Co. Ltd.', 'Huber Group', 'Sun Chemical Corporation', 'Sakata Inx Corporation', 'T&K Toka Co. Ltd.', 'ALTANA AG', 'Epple Druckfarben AG', 'Fujifilm Sericol India Private Limited', 'Wikoff Color Corporation', 'Royal Dutch Printing Ink Factories Van Son', 'Zeller+Gmelin GmbH & Co. KG', 'SICPA Holding SA', 'Dainichiseika Color & Chemicals Mfg. Co. Ltd.', 'Sensient Technologies Corporation', 'American Inks and Coatings Corporation', 'Inx International Ink Co.', 'Marabu GmbH & Co. KG.'

The printing inks market is driven by the increasing demand for packaging and labeling materials in industries such as food and beverage, pharmaceuticals, and consumer goods.

Eco-friendly printing inks: There is a growing trend towards eco-friendly printing inks, which are made from renewable materials and do not contain harmful chemicals. This trend is driven by increasing awareness among consumers about the environmental impact of printing, as well as by government regulations that mandate the use of eco-friendly printing inks.

Asia Pacific dominated the printing inks market, accounting for 35.60% of total revenue in 2022 and this dominance is likely to continue throughout the forecast period. Rising packaged food consumption, combined with substantial expansion in the packaging and labeling industry as a result of the emergence of numerous companies such as food and beverage companies, consumer goods, the health care sector, and e-commerce, has boosted market growth in the region.

Printing Inks Market Size

Printing Inks Market Insights

Printing Inks Market Report Snapshots

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