Chemical

According to a market report by Lucintel, the future of the specialty digital ink market looks promising with opportunities in the advertising & promotion, ceramic tile printing, clothing & household textile, packaging, publication, and glass printing industries. The global specialty digital ink market is expected to reach an estimated $4.0 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The global specialty digital ink market is expected to grow with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing adoption of digital printing over analogue printing and growing demand from the digital textile printing and ceramic tile industry.



In this market, plastics, textile, ceramics & glass, and paper are the major segments by substrate type. Lucintel forecasts that plastics will remain the largest segment over the forecast period because plastics are considered as a good printing substrate over paper and cardboard owing to its strength, resilience, flexibility, durability, and protective properties. 



Within this market, advertising & promotion is expected to remain the largest segment due to the increasing adoption of wide-format digitally printed graphics by restaurant and food service industry so as to increase their sales and create consumer awareness towards their food. 



Europe will remain the largest region due to the rapid growth of the ecommerce industry, which is boosting the need for digital ink for the packaging and labelling application.

Sun Chemical, Inx International Ink, Toyo Ink SC, JK Group, Nazdar, Fujifilm Holdings, Marabu, Sensient Imaging Technologies, Nutec Digital Ink, and Bordeaux Digital Print Ink are the major suppliers in the global specialty digital ink market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global specialty digital ink market by formulation, substrate type, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Specialty Digital Ink Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global specialty digital ink market by formulation, substrate type, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the specialty digital ink market by formulation (solvent-based, water-based, UV-cured, and others), substrate type (plastics, textiles, ceramics & glass, and paper), end use industry (advertising & promotion, ceramic tile printing, clothing & household textiles, packaging, publication, glass printing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?