The Global Next-Generation Printing Ink Market size is valued at USD 6,457.8 million in 2023 and is projected to reach USD 9,456.5 million By 2030. Along with this, the market is estimated to grow at a CAGR of around 5.6% during the forecast period.

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Key Findings of the Study: Next-Generation Printing Ink Market

Global Next-Generation Printing Ink Market Driver: Escalating Growth in the Packaging Industry Creating Immense Demand for Next-Generation Printing Inks

There has been significant growth in the packaging sector because of changing consumer needs concerning better and more attractive product packaging. Improving disposable incomes coupled with the evolving consumer lifestyle in developing countries drive the growth of the packaging industry through increased demand for high-quality, unique packaging solutions that help differentiate a product at retail. Besides, the growth of the e-commerce industry has added to the demand for packaging solutions across the globe. The increased trend in online shopping creates an enhanced demand for packaging solutions to ensure delivery without any damage to the products. This has resulted in an increased demand for new, attractive, and aesthetically appealing packaging solutions. Since packaging is used widely as a strategic way of advertisement to attract customers, numerous manufacturers & leading players are massively investing in elaborative & unique packing solutions, which are fueling the demand for printing inks.

Moreover, stringent safety standards in the food and beverage industry increase the need for inks safe for direct food contact, and resistant to dampness and temperature changes. Further, the pharmaceutical and cosmetic industry also demands a high dose of anti-counterfeiting; hence, inks possessing exceptional security properties, such as UV visibility and magnetism, are greatly pursued for the authenticity of their products. Thus, with the surging growth in the packaging industry, demand for next-generating printing inks is also growing at a fast pace, augmenting the market growth.

Scope of the Report and Next-Generation Printing Ink Market Segmentation

By Ink Type

-Aqueous Ink

-Solvent-Based Ink

-UV-Cured Ink

-Eco-Solvent Ink

-Latex-Based Ink

-Others (Invisible Ink, Conductive Ink, Toner, etc.)

By Printing Technology

-Inkjet

--Continuous Inkjet Printing Technology

--Drop-on-Demand Inkjet Printing

-Laser

By Application

-By Apparels

--Direct-to-Garment

--Roll-to-Roll (Fabric)

-Publishing and Printing

--Signage

--Security and Transactional Printing

--Others (Books, Magazines, etc.)

-Packaging

--Signage and Display Graphics

--Corrugated Packaging

--Others (Flexible Packaging, Bottles and Cans, etc.)

-Building and Construction

--Ceramic Tiles

--Decorative Floors (Laminate Flooring)

--Others (Decorative Glass, Wallcoverings, etc.)

-Cosmetics

-Others (Printed Circuit Boards, Automotive, etc.)

• the publishing and printing segment holds a substantial market share.

Top leading companies in the Next-Generation Printing Ink Market includes:

Mimaki Engineering Co., Ltd., Altana AG, Kornit Digital Ltd., DuPont de Nemours, Inc., Flint Group, DIC Corporation, Huntsman Corporation, Domino Printing Sciences PLC, FUJIFILM Holdings Corporation, Memjet, Sakata Inx Corporation, Roland DG Corporation, Arrow Systems Inc, Toyo Ink Co. Ltd., Epson, Sun Chemical, Others

Next-Generation Printing Ink Market Development

• In 2023: Altana AG acquired the Silberline Group which specializes in developing and manufacturing effect pigments and printing inks to plastics, protective coatings, etc.
• In 2023: Sun Chemical launched its cutting-edge range of digital textile inks called Xennia Amethyst Eco RC ink, ElvaJet Sublimation Inks, etc., at ITMA (International Textile Machinery Association) Asia.

For more detailed information about the Next-Generation Printing Ink market report, click here – https://www.marknteladvisors.com/research-library/global-next-generation-printing-ink-market.html           

Geographical analysis:

North America: US, Canada, Mexico

Europe: Germany, The UK, France, Italy, Spain, Switzerland, Rest of Europe

Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

South America: Brazil, Rest of South America

Middle East & Africa: The UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of MEA

• Asia-Pacific is anticipated to dominate the market with the largest share during the forecast period.

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