Location >> Global Water-Based Printing Inks Market Trend
Date：2025-03-10
The water-based printing inks market size has grown strongly in recent years. It will grow from $10.72 billion in 2024 to $11.39 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to emerging markets growth, change in customer preferences, and technological advances.
The water-based printing inks market size is expected to see strong growth in the next few years. It will grow to $13.9 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to sustainability, high demand from end-user industries, increase in demand from printing industry, and increase in demand from packaging industry.
Major trends in the forecast period include rising investment in research and development to develop products with enhanced physical and chemical properties, increase in water-based printing ink consultancy services to help users select the right pigments as they can easily be duplicated so differentiating between different brands is an increasing difficult task, introduction of high resolution inks to water-based printing inks companies portfolio as they are more effective than traditional inks as they allow fine and solid printing at high speed, introducing thermal inkjet inks to cater to the growing demand to include better performance, lower costs and ink versatility, especially in photo printing applications, and an increase in strategic collaborations or mergers and acquisitions, in the printing inks market, many companies are strategically acquiring and merging with start-ups and mid-sized companies to broaden their products and services range or enter emerging regions.
Many companies in the printing ink market are shifting from manufacturing petroleum-based printing inks to manufacturing environmentally friendly printing inks (green printing inks). Unlike petroleum-based printing inks, green printing inks do not contain heavy metals or other dangerous or toxic substances, so they do not cause excessive pollution in landfills. Green printing inks are based on sustainable materials such as soy and other plant-based origins, which are more sustainable than petroleum. Examples of green printing inks include water-based and oil-based printing inks. The use of green printing inks results in a reduction of volatile organic compounds (VOCs) released during the printing process. Major players in the printing ink market such as DIC Corporation, Flint Group, Sakata Inx, and others are providing green printing inks as part of their offerings.
Source:https://www.thebusinessresearchcompany.com/
Source:https://www.thebusinessresearchcompany.com/