Digital Printing Ink Market to Reach USD3.33 Billion by 2030: Adroit Market Research
15 June 2023: As per Adroit Market Research, the market for digital printing ink is anticipated to grow to US$ 3.33 billion at a CAGR of 12.7% in 2030. Numerous industries, including packaging, textiles, labels, commercial printing, and signs, are seeing an increase in demand for digital printing. Shorter print runs, quicker turnaround times, the ability to print with changeable data and cost-effective manufacturing are just a few benefits of digital printing.
As digital printing technology advances, so does the demand for inks for digital printing. Technological advancements have boosted the capability and quality of digital printing technologies. The efficiency of digital printing has increased as a result of advancements in printhead technology, ink composition, colour management, and print resolution. The demand for digital printing inks has risen as a result of people’s growing faith in digital printing as a practical and high-quality printing option.
Compared to conventional printing inks, digital printing inks often have a smaller negative impact on the environment. The setup time for digital printing is extremely short, there is no need for printing plates or screens, and pre-press waste is reduced. Additionally, digital printing inks now have better formulas that use less energy and contain less volatile organic compounds (VOCs).
The need for digital printing inks is anticipated to increase as sustainability becomes a more important factor. Due to their quick drying times, durability, and suitability for a variety of substrates, UV-curable inks are becoming more and more common in digital printing. Instant drying, intense colour brightness, and resistance to fading and abrasion are just a few benefits of using UV-curable inks. Signage, graphics, labels, and packaging are just a few of the areas where UV-curable digital printing inks are in high demand.
In the packaging sector, digital printing inks are widely used for labels, flexible packaging, folding cartons and corrugated boxes.
They make it possible for package materials to have high-quality images, brilliant colours, and personalized choices. Digital printing inks are perfect for product differentiation and targeted marketing efforts because they enable shorter print runs, versioning, changeable data printing, and quicker time-to-market.
The textile and garment industries employ digital printing inks to print images, patterns, and designs on textiles. They have benefits including vivid colours, fine details, and the capacity to faithfully replicate intricate designs. Both natural fibres like cotton and silk as well as synthetic fibres are compatible with digital textile printing inks.
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