Digital Inks Market Overview:
The Digital Inks Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Digital Inks Market, as well as the causes for variances in the industry’s growth in different regions.
The Digital Inks Market was valued at US$ 3.58 Bn in 2021, and is expected to reach US$ 7.52 Bn by 2029, at a CAGR of 9.7 % during forecast period.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
by Formulation
• Solvent-Based
• Water-Based
• UV-Cured
• Others
Based on the formulation, solvent-based segment is projected to account for the largest share of the digital inks market in 2017. Solvent-based digital inks are the most cost-effective digital inks and are extensively used in advertising & promotion, ceramics tiles printing, and packaging applications.
by Substrate
• Plastics
• Ceramics & Glass
• Textiles
• Paper
According to the substrate, the digital inks market is anticipated to be dominated by the plastics sector in 2017. Labels, nameplates, light box displays, industrial graphics, exhibition graphics, promotional graphics, and membrane switches are all frequently made of plastic that has been digitally printed.
by Application
• Advertising & Promotion
• Ceramic Tiles Printing
• Packaging
• Clothing & Household Textiles
• Glass Printing
• Publication
• Others
Due to the rising demand for digital inks in Point-of-Sale (PoS), Point-of-Purchase (PoP), and other digital soft signage printing in the retail end-use market, the advertising & promotion segment, based on application, is anticipated to grow at a significant rate during the forecast period.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Digital Inks Market are as follows:
• Sun Chemical
• Inx International Ink
• Toyo Ink SC Holdings Co.
• JK Group
• Nazdar Company
• Fujifilm Holdings Corporation
• Marabu
• Sensient Imaging Technologies
• Nutec Digital Ink
• Bordeaux Digital Printink Ltd.
• Dupont
• Torrecid
• Siegwerk
• Spgprints
• Huntsman Corporation
• Dip-Tech
• Kornit Digital
• Avery Dennison
• Wikoff Color Corporation
• Independent Ink
• Cabot Corporation
• Blue Jade Texink Pvt. Ltd.
• Megasign
• Esmalglass – Itaca Group
• Braden Sutphin Ink Company
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Digital Inks Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Digital Inks Market:
End-user industries where the Digital Inks Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Digital Inks Market manufacturers, influencing the development of the Digital Inks Market in 2020. End-user business demand for the Digital Inks Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Digital Inks Market Report are:
In 2021, which segment held the highest proportion of the Digital Inks Market?
What is the Digital Inks Market’s competitive landscape?
What are the primary drivers assisting the Digital Inks Market growth?
Which region has the most market share in the Digital Inks Market?
What will be the Digital Inks Market’s CAGR throughout the projected period?
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