The future of the global specialty ink market looks promising with opportunities in the food and beverage, cosmetic and personal care, pharmaceutical, automotive, and consumer electronic markets. The global specialty ink market is expected to reach an estimated $6.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are continual growth in ecommerce sector, rising usage of this ink in packaging and textile application, and expanding preference for water-based and UV curable inks.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the specialty ink market by
ink type (metallic inks, fluorescent inks, thermochromic inks, photochromic
inks, conductive inks, and others), application (packaging and labeling,
textiles, electronics, security printing, publication and commercial printing,
and others), end use industry (food and beverage, cosmetics and personal care,
pharmaceuticals, automotive, consumer electronics, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, metallic
ink, fluorescent ink, thermochromic ink, photochromic ink, and conductive ink
are the major segments of specialty ink market by ink type.
Lucintel forecasts that
metallic ink is expected to witness the highest growth over the forecast period
due to its widespread usage in a variety of applications, such as packaging,
textiles, and graphic arts to create a metallic or pearlescent effect on a
variety of surfaces, such as paper, plastic, and metal.
Within this market, food
and beverage is expected to witness the highest growth due to growing usage of
specialized ink in this industry to print labels, packaging, and other products
with a range of effects, including metallic, fluorescent, and holographic inks.
North America is
expected to witness highest growth over the forecast period due to growing
popularity of 3D printing and presence of key manufacturers in the region.
Sun Chemical, Flint,
Toyo, Siegwerk Druckfarben, and DIC are the major suppliers in the specialty
ink market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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