The Business Research Company’s report on the Eco-friendly Inks Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the eco-friendly inks market’s growth in recent years?
The rise in the expansion of the textile industry is expected to propel the growth of the eco-friendly inks market going forward. The textile industry refers to the production of fibers, yarns, fabrics, and finished goods such as clothing and household textiles, encompassing processes such as spinning, weaving, and dyeing. The textile industry is growing due to increasing global demand for clothing, innovations in sustainable materials, and advancements in production technologies. Eco-friendly inks benefit the textile industry by reducing environmental impact, lowering water and energy consumption, and meeting consumer demand for sustainable products while delivering high-quality prints. For instance, in December 2023, the Textile Exchange, a US-based non-profit organization, reported that global fiber production rose from 112 million tones in 2021 to 116 million tones in 2022, with projections reaching 147 million tones by 2030. Therefore, the rise in the expansion of the textile industry is driving the eco-friendly inks market.
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How does the future projection of the eco-friendly inks market size compare to its historical growth?
The eco-friendly inks market size has grown strongly in recent years. It will grow from $4.13 billion in 2024 to $4.43 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing demand from the packaging industry, growth in the food and beverage sector, rise in the expansion of the textile industry, rising costs of conventional inks, and regulatory measures against VOC emissions.
The eco-friendly inks market size is expected to see strong growth in the next few years. It will grow to $5.75 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increased research and development investments, increased availability of raw materials, increase in the aging population, demand for sustainable and eco-friendly inks, and growth of green printing technologies. Major trends in the forecast period include technological advancements, bio-based and low-VOC inks, digital printing and eco-friendly ink compatibility, innovation and product development, and regulatory compliance.
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Which key players are shaping the future of the eco-friendly inks market?
Major companies operating in the eco-friendly inks market are Sun Chemical, DIC Corporation, Omya AG, Flint Group, INX International Ink Co., Siegwerk Druckfarben AG & Co. KGaA, Huber Group, T&K TOKA Corporation, Wikoff Color corporation, Marabu Printing Inks, Zeller+Gmelin GmbH & Co. KG, Kao Collins Corporation, Royal Dutch Printing Ink Factories Van Son, STS Inks, EPTANOVA, Toyo Ink, Kwang Myung Ink Co. Ltd, Magna Colours Ltd., SIMBAL ENTERPRISES, ALFA TECH
What trends will propel the growth and evolution of the eco-friendly inks market?
Major companies operating in the eco-friendly inks market are focusing on technological advancements such as the development of UV offset ink series to enhance sustainability, reduce environmental impact, and improve print quality. The UV offset ink refers to a type of printing ink that cures quickly when exposed to ultraviolet (UV) light, offering fast drying times, reduced energy consumption, and lower environmental impact compared to traditional inks. For instance, in May 2022, Siegwerk, a Germany-based chemical manufacturing company, introduced SICURA Litho Pack ECO, a new series of UV offset inks specifically designed for non-food paper and board applications. This innovative ink series boasts a remarkable 40% bio-renewable content, which is significantly higher than the average for UV inks, providing a more sustainable option for printing needs. Siegwerk’s new UV offset ink series represents a significant advancement in eco-friendly printing technology, combining high performance with sustainability to meet the evolving demands of the packaging industry.
Which regions are expected to become dominant players in the eco-friendly inks market?
North America was the largest region in the eco-friendly inks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eco-friendly inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the eco-friendly inks market, and how are they evolving?
The eco-friendly inks market covered in this report is segmented –
1) By Product Type: Water-Based Inks, UV-Curable Inks, Soya-based Inks, Other Product Types
2) By Origin of Bio Pigments: Flint Ink, Algae Inks, Animal Origin, Vegetable-based Ink
3) By Color: Four Color, Monochrome Printing
4) By Application: Packaging, Printing And Publication, Other Applications
5) By End-Use: Food And Beverages, Cosmetics And Personal Care, Pharmaceuticals, Other End-Uses
Subsegments:
1) By Water-Based Inks: Dye-Based Water Inks, Pigment-Based Water Inks, Latex Water Inks
2) By UV-Curable Inks: Free Radical UV-Curable Inks, Cationic UV-Curable Inks
3) By Soya-Based Inks: Offset Soya Inks, Flexographic Soya Inks, Gravure Soya Inks
4) By Other Product Types: Algae-Based Inks, Bio-Based Inks, Vegetable Oil-Based Inks
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How is the eco-friendly inks market defined, and what are its core characteristics?
Eco-friendly inks are inks made from sustainable resources such as soy or vegetable oils, reducing the environmental impact compared to traditional petroleum-based inks. These inks are biodegradable, produce fewer volatile organic compounds (VOCs), and are used in packaging, publishing, and textiles to promote sustainable practices. Their use supports reduced carbon emissions and contributes to a circular economy by minimizing waste in printing processes.
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