With the increasing emphasis on environmental protection worldwide, and the active implementation of environmental protection policies by governments around the world, environmentally friendly printing ink has become the research focus and hot spot of the global printing industry. Among them, water-based inks, due to their low organic solvent content, can effectively reduce volatile organic compounds (VOCs) emissions, so in recent years, it has been favored in various application markets. According to the research report "The future of Water-based ink and ink printing 2027" released by the international research institution Smithers, the total consumption of the global water-based printing ink market in 2022 reached 492,000 tons, with sales of 5 billion US dollars. This market is growing rapidly and is expected to expand at a steady compound annual growth rate (CAGR) of 3.1% in the future. By 2027, the total consumption of the global water-based printing ink market will reach 572,000 tons.
In the water-based ink market, in addition to traditional printing ink manufacturers, some innovative companies are also actively developing and promoting a new generation of water-based ink products. The increasing technical strength of these innovative enterprises and the continuous improvement of product quality are contributing to the rapid development of the global water-based ink market.
At the same time, printing companies and government departments around the world are also increasing the promotion of environmentally friendly printing materials. For example, the European printing industry is vigorously promoting the use of environmentally friendly water-based ink, and government departments are also developing relevant policies to encourage printing companies to use environmentally friendly printing materials such as water-based ink.
Overall, the global water-based printing ink market will continue to maintain rapid growth in the next few years. With the advancement of technology and the increase in demand, water-based ink is expected to be widely used in more fields, and will make greater contributions to promoting the green and sustainable development of the global printing industry. From October 16 to 18, 2024, the high-profile 2024 China Guangzhou Ink Exhibition was held in the Guangzhou airport exhibition hall . As the most influential ink industry event in Asia, the exhibition with the theme of "Green ink · Colorful world" has attracted ink companies, printing bag companies, ink distributors, raw material distributors and overseas professional buyers from all over the world to gather together to discuss the green and high-quality development of the ink industry, and promote enterprises to a broader global market at home and abroad.
The exhibition also held the Asia ink industry chain technical Exchange meeting, ink Summit Forum, ink night, full color ink speed printing challenge and other special activities and live demonstrations. These activities not only provide a platform for exhibitors and visitors to exchange and learn, but also provide a stage for pioneers on the road to promote oil to water to explore the infinite possibilities of the ink industry.