Printing Inks Market Size to Reach USD 2.85 billion by 2027: Technavio

15 December 2023: Printing Inks Market size is expected to grow by USD 2.85 billion, accelerating at a CAGR of almost 2.69% during the forecast period as per latest Technavio Report. High demand for printing inks from the packaging industry is notably driving printing inks market. However, factor such as fluctuating crude oil prices may impede market growth. Report covers detailed analysis of 20 companies operating in printing inks market including Altana AG, Dainichiseika Color and Chemicals Mfg. Co. Ltd., DEERS Co. Ltd., DIC Corp., Dow Chemical Co., Encres DUBUIT, Epple Druckfarben AG, Flint Group, FUJIFILM Corp., MHM Holding GmbH, SICPA HOLDING SA, Sun Chemical Corp., Tokyo Printing Ink Mfg Co. Ltd., Toyo Ink SC Holdings Co. Ltd., Vibrantz Technologies, Zeller and Gmelin GmbH and Co. KG., Bordeaux Digital PrintInk Ltd., Sakata Inx India Pvt Ltd., Siegwerk Druckfarben AG and Co. KGaA, and T and K TOKA Corp.

APAC is forecasted to contribute 45% to the global market’s growth. North America emerges as another region presenting lucrative growth prospects for suppliers. In 2022, the North American region held over the global printing inks market, primarily attributed to increasing demands in the food and beverage, as well as personal care packaging sectors. The escalating trend of retail e-commerce sales in North America further boosts the need for packaging, consequently driving the demand for printing inks in the region during the forecast period.

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