COVID-19 Impact Analysis on Digital Inks Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2030. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the digital inks market include Sun Chemical (US), INX International Ink (US), Toyo Ink SC Holdings Co. (Japan), JK Group (Italy), and Nazdar Company (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The rapid growth of digital printing technology, such as inkjet, electrophotographic, and thermal transfer printing, has increased the demand for digital inks. Digital printing offers many benefits over traditional printing methods, including faster turnaround times, lower costs, and the ability to print high-quality, customized images. The use of digital inks is growing across a range of industries, including packaging, textiles, ceramics, and electronics. This is being driven by the need for high-quality, durable, and eco-friendly printing solutions that can meet the evolving needs of consumers. The digital ink market is constantly evolving, with new formulations and advanced technologies being developed to meet the demands of various end-use industries. For example, the development of UV-curable and eco-solvent inks has opened up new opportunities for digital printing on a wider range of substrates. Growing emphasis on environmental sustainability in the printing industry and digital inks are being developed to meet these demands. Water-based inks, for example, are becoming more popular as a more eco-friendly alternative to solvent-based inks. Digital textile printing is one of the fastest-growing segments of the digital printing industry, and this is driving the demand for digital inks that can produce high-quality, vibrant, and long-lasting prints on a range of fabrics.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of digital inks. The growth and trends of digital inks industry provide a holistic approach to this study.
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Market Segmentation
This section of the digital inks market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Formulation
- Solvent-Based
- Water-Based
- UV-Cured
- Others
By Substrate
- Plastics
- Textile
- Ceramics & Glass
- Paper
By Application
- Advertising & Promotion
- Ceramic Tiles Printing
- Clothing & Household Textiles
- Packaging
- Publication
- Glass Printing
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Digital Inks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The global Digital Inks market is forecast to reach USD 4.77 Billion by 2026, according to a new report by Reports and Data.
The increasing demand from the textile industries across the globe will fuel the growth of the market.
Digital printers provide cleaner finish and use less space than conventional printing, thus allowing the use of unlimited color combinations.
The medical textile industry in the region has been improving the existing products, creating new ones with new materials, and innovating designs.
Some of these new products are being designed for less invasive surgical procedures, infection control, and accelerated healing.Further key findings from the report suggestThe inkjet inks are anticipated to witness a higher CAGR of 8.5% during the forecast period, owing to its outstanding image quality, particularly with color photos, as the ink technology uses thousands of ink droplets shot onto the paper.
The Asia Pacific region held the largest market share of ~31% in the year 2018, owing to the substantial investments in research and development of printing technologies.
