PUBLISHER: The Business Research Company | PRODUCT CODE: 1769994
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769994
Ink is a colored liquid or paste mainly used for writing, printing, and drawing. It contains pigments or dyes suspended in a fluid medium, allowing it to stick to surfaces like paper or fabric. Its primary purpose is to create lasting marks or images for communication, artistic purposes, or record-keeping.
The two main categories of ink are printing ink and non-printing ink. Printing ink is a colored liquid or paste applied through techniques such as offset and digital printing to produce text and images on various materials. It combines pigments or dyes with solvents or oils to ensure proper application and drying. Printing inks are formulated using different technologies, including oil-based, water-based, solvent-based, and UV-cured types, and are used in applications like labels and packaging, commercial printing, publications, and more.
The ink market research report is one of a series of new reports from The Business Research Company that provides ink market statistics, including the ink industry global market size, regional shares, competitors with the ink market share, detailed ink market segments, market trends, opportunities, and any further data you may need to thrive in the ink industry. This ink market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The ink market size has grown steadily in recent years. It will grow from $20.27 billion in 2024 to $21.22 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth during the historic period was driven by rising demand from the textile printing sector, expanding use in 3D printing, increased adoption of customized printing solutions, greater application in industrial coding and marking, and the growing requirements for e-commerce and labeling.
The ink market size is expected to see steady growth in the next few years. It will grow to $25.15 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. Growth in the forecast period is expected to result from increasing demand for UV-curable inks, wider adoption of eco-friendly formulations, rising investments in digital printing technologies, expanded use in flexible packaging, and the growing popularity of smart and functional inks. Key trends during this time include improvements in water-based ink technologies, enhanced pigment dispersion techniques, development of bio-based ink solutions, innovations in conductive and smart inks, and advancements in high-speed digital printing systems.
The growing demand for food and beverages is expected to drive the expansion of the inks market in the coming years. Food and beverages are consumable products intended for nourishment, refreshment, or enjoyment. This rising demand is influenced by changing lifestyles and increasingly busy schedules, which boost the popularity of convenient, ready-to-eat, and on-the-go options that cater to consumers with limited time. Inks play a crucial role in the food and beverage sector by enabling safe, compliant, and attractive packaging and labeling, which effectively communicate brand identity and essential product details to consumers. For example, in April 2022, the Common Thread Collective, a US-based e-commerce growth agency, reported that global food and beverage sales increased from $435.3 billion in 2021 to $506 billion in 2022, with projections reaching $857 billion by 2025. Consequently, the rising demand for food and beverages is supporting growth in the inks market.
Leading companies in the ink market are concentrating on developing advanced products like printing inks that improve print quality, durability, and environmental friendliness. Printing ink is a specially formulated fluid or paste used to transfer text and images onto various surfaces such as paper, plastic, or fabric. It combines pigments or dyes with binders and solvents to deliver vivid color, strong adhesion, and long-lasting durability. For instance, in January 2025, Hubergroup, a Germany-based printing ink and raw material manufacturer, introduced the Dynamica Ink Series, an eco-friendly, color-intensive ink range designed for commercial printing. This line is notable for being free of cobalt and mineral oils, offering fast drying, high color vibrancy, low dot gain, and excellent stackability. It is suitable for both straight and perfecting presses, supports efficient post-print finishing, and complies with industry standards like ISO 2846-1 and ISO 12647-2. Dynamica combines cutting-edge technology, sustainability, and high performance, reflecting Hubergroup's dedication to innovation and environmental responsibility.
In January 2022, Sun Chemical, a US-based producer of printing inks and pigments, acquired SAPICI for an undisclosed amount. Through this acquisition, Sun Chemical aimed to expand its product portfolio by incorporating SAPICI's advanced polyurethane technologies, strengthening its position in sustainable and high-performance ink solutions. SAPICI is an Italy-based company specializing in the development of high-performance polyurethanes for inks.
Major players in the ink market are HP Inc., DuPont, Kao Corporation, DIC Corporation, ALTANA AG, artience Co. Ltd., Flint Group, UFlex Limited, Sakata Inx India Limited, Siegwerk Group, Dainichiseika Color & Chemicals, Hubergroup, SICPA, Yip's Chemical Holdings Limited, Electronics For Imaging, Inc., T&K Toka, Nazdar Ink Technologies, Wikoff Color, Fujifilm Ink Solutions Group, Sanchez SA de CV.
Asia-Pacific was the largest region in the ink market in 2024. The regions covered in ink report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the ink market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ink market consists of sales of dye-based ink, pigment-based ink, ballpoint pen ink, and gel ink. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Ink Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ink market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ink ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ink market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.