What Is The Projected Growth Of The Digital Inks Market?
The digital inks market size has shown robust growth in recent years, climbing from a value of $3.46 billion in 2024 to an expected worth of $3.74 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.0%. Several factors such as the adoption of UV-curable inks, global economic trends, and increased graphic arts usage, along with expanding demands from the packaging, textile, and apparel printing industries, have driven this growth.
Going forward, the digital inks market size is predicted to witness aggressive expansion. By 2029, it is slated to achieve a valuation of $5.53 billion, maintaining a CAGR of 10.3%. Key contributing factors include regulatory developments, global economic conditions, increasing digital printing demand, an expanded application scope, customization, and personalization. The forecasted period also promises significant trends like advancements in inkjet technology, expanded digital printing applications, diversification of ink formulations and a surge in demand for sustainability and eco-friendly inks, as well as enhanced quality and performance.
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How Are Increasing Demands In The Ceramic Tiles Industry Impacting The Digital Inks Market?
One of the propelling factors of growth in the digital ink market is the rising demand from the ceramic tiles industry. Ceramics constitute inorganic non-metallic solids that are formulated and then hardened by high-temperature heating. Ceramic decorators rely on digital printing inks for small batch printing, saving inventory costs, and meeting the dynamic needs of the ceramic inks industry effectively.
For instance, data from March 2023 from the U.S. Dept. of Commerce and Tile Council of North America reveals that total U.S. ceramic tile consumption stood at 285.4 million m² in 2022, albeit this was a 1.3% decline from the previous year. However, domestic tile production continued its growth trend, reaching 87.3 million m², a 2.3% increase from 2021. U.S. manufacturers shipped 82.6 million m² of ceramic tile inside the country, marking a 1% rise from the prior year. This rising demand from the ceramic tiles industry subsequently fosters the growth of the digital ink market.
What Are The Key Segments In The Digital Inks Market?
• By Formulation: Solvent-Based, Water-Based, UV-Cured, Other Formulations
• By Substrate: Plastics, Textile, Ceramics And Glass, Paper
• By Technology Type: Electrography, Ink-Jet
• By Application: Advertising And Promotion, Ceramic Tiles Printing, Clothing And Household Textiles, Packaging, Publication, Glass Printing, Others Applications
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Which Companies Are Leading The Digital Inks Market?
The digital inks market houses several major companies including Sun Chemical Corp., AM Printex, DuPont Inc., Flint Group, FUJIFILM Holdings America Corporation, Independent Ink Inc., INKCID, INX International Ink, Itaca Group, JK Group Spa, Marabu GmbH & Co. KG, Navratan LLP, Nazdar Inks & Coatings Inc., NUtec Digital Ink (Pty) Ltd., Sensient Technologies Corporation, Siegwerk Druckfarben, Toyo Ink SC Holdings Co., Wikoff Color Corporation, Bordeaux Digital PrintInk Ltd., Brother Industries Ltd., Canon Inc., Colorjet India Ltd., Hongsam Digital Science & Technology Co. Ltd., HP Inc., Inktec Co. Ltd., Mimaki Engineering Co. Ltd., Ricoh Company Ltd., Roland DG Corporation, and Seiko Epson Corporation.
What Key Trends Are Shaping The Digital Inks Market?
The digital ink market businesses are developing innovative products such as sublimation inks to meet more significant customer bases, expand sales, and grow revenues. For instance, in March 2022, Sun Chemical, a US-based chemical company, launched a product called ElvaJet Topaz SC. This product significantly boosts user-friendliness by widening the ink operating window and offers enhanced image quality with optimized jetting performance across all drop sizes.
Which Region Leads The Digital Inks Market?
In 2024, Asia-Pacific emerged as the leading region in the digital ink market, and it is expected to be the fastest-growing region in the forecast period. The digital inks market report also includes other regions namely Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Digital Inks Market Report 2025 Offer?
Digital ink refers to a digital technology that facilitates the addition of handwriting and drawings electronically to papers that are viewable on a monitor screen. It involves a specific digital pen or stylus to electronically capture what is scribbled on digital paper. These inks blend a water-based solvent with UV ink technology. The Digital Inks Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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