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Digital Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global digital ink market size reached US$ 2.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a growth rate (CAGR) of 6.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Digital ink refers to a type of ink that is utilized in the digital printing process. This process allows handwriting and drawings to be added electronically to substrates or documents. Some of the widely available types of digital ink include UV curing, water-based, oil-based, solvent-based, etc. They offer numerous benefits such as lesser paper requirements, easy options for copying and pasting, unlimited use of multiple-colored inks, etc. Digital ink also provides high speed and superior print quality for images, graphics, and text. Owing to this, it has several applications in automotive and technical markings, construction, packaging, promotional materials, textiles, etc.

Digital Ink Market Trends:

The elevating use of digital ink in the food packaging sector to describe the composition, shelf-life, nutritional value, pricing, etc., of the product is primarily driving the global digital ink market. Additionally, the growing demand for UV-curable digital inks on account of their beneficial characteristics, such as fast drying, low volatile organic compound (VOC) content, eco-friendly qualities, etc., is further augmenting the market growth. Besides this, the shifting consumer preferences from analog printing towards digital alternatives for shorter print runs and to meet the requirement for a faster turnaround in the graphic printing segment are acting as significant growth-inducing factor. Furthermore, the increasing usage of digital ink for tile printing applications in the construction sector owing to its numerous benefits, such as rational ink management, non-contact decoration, ability to print textured surfaces and produce high-quality images, etc., is stimulating the market growth. Additionally, several automobile manufacturers are using vehicle wraps and graphic covers for marketing and promotional objectives. These covers also protect automobiles from scratches and dents during minor accidents, which, in turn, is further propelling the demand for digital inks. Numerous other factors, including the widespread availability of digital inks in varying hues, introduction of advanced technologies that eliminate waste reduction, and emerging popularity of eco-friendly ink variants, are expected to drive the global digital ink market over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global digital ink market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology type, formulation and substrate.

Breakup by Type:

  • Digital Textile Ink
    • Sublimation Ink
    • Disperse Ink
    • Textile Pigment Ink
    • Reactive Ink
    • Acid Ink
  • UV Ink
    • Rigid UV Ink
    • Universal UV Ink
    • Flexible UV Ink
  • Solvent Ink
    • Eco Solvent
    • Others
  • Water-Based Ink
    • Dye Ink
    • Pigment Ink
    • Packaging Ink 
    • Label Ink
    • Soft Packaging Ink
    • Others
  • Others
     

Breakup by Technology Type:

  • Electrography
  • Ink-Jet
     

Breakup by Formulation:

  • Solvent-based
  • Water-based
  • UV-cured
  • Others
     

Breakup by Substrate:

  • Textile
  • Plastics
  • Ceramic and Glass
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bordeaux Digital PrintInk Ltd., Cabot Corporation, DIC Corporation, Dover Corporation, Dupont De Nemours Inc., FUJIFILM Holdings Corporation, INX International Ink Co. (Sakata Inx Corporation), Marabu GmbH & Co. KG, Nazdar Company Inc., NUtec Digital Ink (Pty) Ltd., Toyo Ink SC Holdings Co. Ltd. and Wikoff Color Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology Type, Formulation, Substrate, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bordeaux Digital PrintInk Ltd., Cabot Corporation, DIC Corporation, Dover Corporation, Dupont De Nemours Inc., FUJIFILM Holdings Corporation, INX International Ink Co. (Sakata Inx Corporation), Marabu GmbH & Co. KG, Nazdar Company Inc., NUtec Digital Ink (Pty) Ltd., Toyo Ink SC Holdings Co. Ltd. and Wikoff Color Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global digital ink market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global digital ink market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology type?
  • What is the breakup of the market based on the formulation?
  • What is the breakup of the market based on the substrate?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global digital ink market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Digital Ink Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Digital Textile Ink
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Sublimation Ink
           6.1.2.2 Disperse Ink
           6.1.2.3 Textile Pigment Ink
           6.1.2.4 Reactive Ink
           6.1.2.5 Acid Ink
        6.1.3 Market Forecast
    6.2    UV Ink
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Rigid UV Ink
           6.2.2.2 Universal UV Ink
           6.2.2.3 Flexible UV Ink
        6.2.3 Market Forecast
    6.3    Solvent Ink
        6.3.1 Market Trends
        6.3.2 Key Segments
           6.3.2.1 Eco Solvent
           6.3.2.2 Others
        6.3.3 Market Forecast
    6.4    Water-Based Ink
        6.4.1 Market Trends
        6.4.2 Key Segments
           6.4.2.1 Dye Ink
           6.4.2.2 Pigment Ink
           6.4.2.3 Packaging Ink 
           6.4.2.4 Label Ink
           6.4.2.5 Soft Packaging Ink
           6.4.2.6 Others
        6.4.3 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Technology Type
    7.1    Electrography
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Ink-Jet
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Formulation
    8.1    Solvent-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Water-based
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    UV-cured
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Substrate
    9.1    Textile
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Plastics
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Ceramic and Glass
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Bordeaux Digital PrintInk Ltd.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Cabot Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    DIC Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Dover Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Dupont De Nemours Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    FUJIFILM Holdings Corporation
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    INX International Ink Co. (Sakata Inx Corporation)
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Marabu GmbH & Co. KG
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Nazdar Company Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    NUtec Digital Ink (Pty) Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Toyo Ink SC Holdings Co. Ltd.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
        15.3.12    Wikoff Color Corporation
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Digital Ink Market: Major Drivers and Challenges
Figure 2: Global: Digital Ink Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Digital Ink Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Digital Ink Market: Breakup by Type (in %), 2021
Figure 5: Global: Digital Ink Market: Breakup by Technology Type (in %), 2021
Figure 6: Global: Digital Ink Market: Breakup by Formulation (in %), 2021
Figure 7: Global: Digital Ink Market: Breakup by Substrate (in %), 2021
Figure 8: Global: Digital Ink Market: Breakup by Region (in %), 2021
Figure 9: Global: Digital Ink (Digital Textile Ink) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Digital Ink (Digital Textile Ink) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Digital Ink (UV Ink) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Digital Ink (UV Ink) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Digital Ink (Solvent Ink) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Digital Ink (Solvent Ink) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Digital Ink (Water-Based Ink) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Digital Ink (Water-Based Ink) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Digital Ink (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Digital Ink (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Digital Ink (Electrography) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Digital Ink (Electrography) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Digital Ink (Ink-Jet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Digital Ink (Ink-Jet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Digital Ink (Solvent-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Digital Ink (Solvent-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Digital Ink (Water-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Digital Ink (Water-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Digital Ink (UV-cured) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Digital Ink (UV-cured) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Digital Ink (Other Formulations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Digital Ink (Other Formulations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Digital Ink (Textile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Digital Ink (Textile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Digital Ink (Plastics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Digital Ink (Plastics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Digital Ink (Ceramic and Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Digital Ink (Ceramic and Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Digital Ink (Other Substrates) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Digital Ink (Other Substrates) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Digital Ink Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Digital Ink Market: Breakup by Country (in %), 2021
Figure 87: Middle East and Africa: Digital Ink Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Global: Digital Ink Industry: SWOT Analysis
Figure 89: Global: Digital Ink Industry: Value Chain Analysis
Figure 90: Global: Digital Ink Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Digital Ink Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Digital Ink Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Digital Ink Market Forecast: Breakup by Technology Type (in Million US$), 2022-2027
Table 4: Global: Digital Ink Market Forecast: Breakup by Formulation (in Million US$), 2022-2027
Table 5: Global: Digital Ink Market Forecast: Breakup by Substrate (in Million US$), 2022-2027
Table 6: Global: Digital Ink Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Digital Ink Market: Competitive Structure
Table 8: Global: Digital Ink Market: Key Players


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