Global Continuous Inkjet Ink Market, Type (Porous Continuous Ink Jet Ink and Non-porous Continuous Ink Jet Ink), Substrate (Paper, Plastic Sheets, Glass, Metal, and Others), Ink Type (Aqueous / Water-based Inks, Solvent-based Inks, UV curable Inks, and Phase Change Inks/ Hot Melt Inks), End-Use Industry (Food and Beverage, Pharmaceuticals, Electrical, and Electronics and Others) - Industry Trends and Forecast to 2030.
Continuous Inkjet Ink Market Analysis and Size
Over the forecast period, it is anticipated that the growing use of industrial inkjet printers for printing packaging files will positively impact the global continuous inkjet ink market. Batch data and codes are frequently printed inline during packaging using continuous inkjet ink. Digital printing products with continuous inkjet ink include labels, foil, packaging leaflets, and cartons. Wider use in the food and beverage, pharmaceutical, and other industries, along with more readily available products like water-based inks and dyes, show a significant increase in the market. Additionally, eco-friendly labels are expected to grow the market.
Data Bridge Market Research analyses that the continuous inkjet ink market, valued at USD 337.6 billion in 2022, will reach USD 504.52 billion by 2030, growing at a CAGR of 5.15 % during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Continuous Inkjet Ink Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Porous Continuous Ink Jet Ink and Non-porous Continuous Ink Jet Ink), Substrate (Paper, Plastic Sheets, Glass, Metal, and Others), Ink Type (Aqueous / Water-based Inks, Solvent-based Inks, UV curable Inks, and Phase Change Inks/ Hot Melt Inks), End-Use Industry (Food and Beverage, Pharmaceuticals, Electrical, and Electronics and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Sun Chemical (U.S.), Eastman Kodak Company (U.S.), Kao Collins Corporation (U.S.), Aztec Fluids & Machinery Pvt. Ltd.( India), Tritron GmbH (U.K.), Linx Printing Technologies (U.K.), VIDEOJET TECHNOLOGIES (U.S.), CMS INK (France), InkJet, Inc. (U.S.), PrintJet (U.S.), PALCO Industrial Marking and Labeling, Inc. (U.S.)
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Market Opportunities
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Market Definition
The liquid or paste-type substance used in continuous inkjet (CIJ) printers is called continuous inkjet ink. The printer squirts tiny ink droplets onto paper, film, foil, and other surfaces to produce an image. This type of drop-on-demand (DOD) technology works by discharging regulated volumes of liquid onto substrates through print head nozzles. Continuous inkjet ink comes in black and white varieties for general-purpose printing applications. They have excellent print quality and work with a variety of substrates.
Continuous Inkjet Ink Market Dynamics
Drivers
- Eco-friendly inks help the inkjet market grow profitably
The manufacturers of continuous inkjet inks are increasingly using environmentally friendly inks. These inks can serve as an alternative to inks based on petroleum. Additionally, unlike petroleum-based inks, environmentally friendly continuous inkjet ink is now widely praised by market players for its eco-friendly characteristics. Also, conventional inks, such as dye-based inks containing the four heavy metals mercury, lead, cadmium, and hexavalent chromium, are prohibited under E.U. regulations. These heavy metals pollute the soil and water. Therefore, switching to eco-friendly continuous inkjet inks can spur market expansion.
- Continous inkjet's affordability can surge the market growth
Continuous inkjet printers remain the industry standard through their affordability, ability to produce a larger print size using the same amount of ink, and ability to help businesses scale up their printing operations. The global demand for continuous inkjet inks has been fuelled over time by the fact that continuous inkjet printers use less ink and can use a variety of inks depending on the material being printed on.
Opportunities
- The growing scale of large-format printing and an increasing emphasis on color quality
Increasing demand for large-format printing in the packaging, textile, and advertising industries and the rising adoption of UV-curable continuous inkjet inks in outdoor advertising are the key factors driving the growth of inkjet printers. Significant growth opportunities are being created for the players in developing economies by the rising demand for large-format printing involving the application of continuous inkjet inks. The emphasis on maintaining color consistency across batches has increased the use of continuous inkjet inks.
Restraints/Challenges
- Instability in raw materials can impede the growth rate
The market's dynamic nature makes it difficult to expand; since costs vary depending on the dependence and availability of raw materials, even a high likelihood of raw material fluctuations can obstruct growth. High operating costs and fluctuating raw material prices will slow down the rate of growth of the inkjet ink market. The presence of alternatives will further slow the market's rate of inkjet ink growth. The rate of growth of the inkjet ink market will be slowed down by growing environmental concerns regarding paper use.
This continuous inkjet ink market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the continuous inkjet ink market, contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2022, Sun Chemicals acquired SAPICI, a business that produces polyurethanes in flexible packaging, industrial adhesives, coatings, and many other applications.
- In 2021, To distribute the Kodacolor RDTG series direct to garment inks in Europe, Eastman Kodak Company announced a partnership with pigment.inc B.V.
Global Continuous Inkjet Ink Market Scope
The continuous inkjet ink market is segmented on the basis of type, substrate, ink type, and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Porous Continuous Ink Jet Ink
- Non-porous Continuous Ink Jet Ink
Substrate
- Paper
- Paper boards
- Cardboards
- Plastic Sheets
- Glass
- Metal
- Others
- Fabrics
Ink Type
- Aqueous / Water-based Inks
- Dye based
- Pigment based
- Solvent-based Inks
- UV curable Inks
- Phase Change Inks/ Hot Melt Inks
End Use
- Food and Beverage
- Pharmaceutical
- Electrical and Electronics
- Others
Continuous Inkjet Ink Market Regional Analysis/Insights
The continuous inkjet ink market is analysed and market size insights and trends are provided by country, type, substrate, ink type, and end-use as referenced above.
The countries covered in the continuous inkjet ink market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Asia-Pacific dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region's dominance are the rising urbanization, industrialization, and growth in the advertisement industry's demand for continuous inkjet inks.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Continuous Inkjet Ink Market Share Analysis
The continuous inkjet ink market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to continuous inkjet ink market.
Some of the major players operating in the continuous inkjet ink market are:
- Sun Chemical (U.S.)
- Eastman Kodak Company (U.S.)
- Kao Collins Corporation (U.S.)
- Aztec Fluids & Machinery Pvt. Ltd. (India)
- Tritron GmbH (U.K.)
- Linx Printing Technologies (U.K.)
- VIDEOJET TECHNOLOGIES (U.S.)
- CMS INK (France)
- InkJet, Inc. (U.S.)
- PrintJet (U.S.)
- PALCO Industrial Marking and Labeling, Inc.(U.S.)
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