Ink is a liquid or a paste containing pigments or dyes used to colour a surface for producing an image, design, or text. It has been around since ages and plays a key role in almost every aspect of human life. Inks can be divided into two broad classes- printing inks and writing inks. In the past few years, the consumption of printing inks has increased due to the growth in letterpress, lithographic printing, publishing and packaging industries. Other factors like affordability, constant innovations and popularity of environment-friendly inks are also encouraging the growth of global ink market. According to the IMARC group, the global ink market has reached a value of US$ 19.6 Billion in 2018, growing at a CAGR of 3.6% during 2011-2018.
IMARC’s latest study “Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” has segmented the market on the basis of types and major regions. The different types of ink available in the market are oil based inks, solvent-based liquid inks and water-based liquid inks. On the basis of geography, the Asia-Pacific region currently represents the largest market accounting for around one-third of the total global consumption. Asia Pacific is followed by North America and Europe. The report has further analysed the major players operating in the global ink market. Sun Chemicals currently represents the biggest manufacturer in this market. Other major players include Flint Group, Toyo Ink, Siegwerk Group, Sakata INX and Huber Group.
This report provides a deep insight into the global ink industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up an ink manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the ink industry in any manner.
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