Printing Inks Market Size Worth USD 45.94 Billion by 2034 | CAGR: 7.6%

The global printing inks market size is expected to reach USD 45.94 billion by 2034, according to a new study by Polaris Market Research. The report “Printing Inks Market Size, Share, Trends, Industry Analysis Report: By Product (Gravure, Flexographic, Lithographic, Digital, and Others), Resin Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing automation has led to greater efficiencies in product and printing ink formulations. The growing global utilization of printing inks in a diverse range of applications has been the major driving force in the printing ink market expansion. Digital inks are expected to gain immense popularity during the forecast period, fueled by the advancements in digital technology, such as print speed and quality, which have opened up new application areas for digital inks.

The printing inks market outlook is often considered unpredictable due to frequently changing consumer demands. Market participants face several disruptive forces and operational challenges from time to time. However, product demand has been increasing every year despite these challenges, and the overall feedback of the companies toward the market remains optimistic. Nonetheless, printing inks in the current industry scenario must confront significant challenges to take full advantage of the new-fangled opportunities rising through the integration of print and digital ink media. The commercialization of printing inks is at a crossroads, witnessing a major structural and transitional change.

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For conventional printing ink manufacturers eager to expand their market penetration, there has never been a better time to be in printed communications. Most traditional printing ink providers have enhanced their product catalogs to meet the digital and more enhanced product formulations. Current industry participants can be categorized into three distinct categories, with the first or leading 20% that has been successful in achieving profitable growth. These leading companies are constantly diversifying their product portfolio to cater to customer needs and boost their position in the global printing inks market.

The middle 60% of the companies are experiencing stagnant growth, with profit margins becoming constantly squeezed. At the bottom are the 20% of companies that have been witnessing significant declines in sales margins. The market/end use demand clearly indicates that for the middle 60 % of companies, there are significant opportunities to develop new products and enter new markets. The global printing ink market economic picture has slightly improved for most of the manufacturers, with a reduction in bad debts and access to bank lending and credits. However, the debtor time span and lending cost continue to have a negative impact on most of the industry participants.

Printing Inks Market Report Highlights

• Based on product, the lithographic segment accounted for a significant share of the printing inks market in 2024, owing to their various benefits such as enhanced print quality and longer plate life.
• Based on application, the packaging and labels segment is the largest and fastest-growing application segment, with over 44% of the total segment revenue. Shifting consumer preferences toward convenient food packaging and online retailing and increasing demand for bio-degradable items are a few major factors contributing to the segment’s robust growth.
• Asia Pacific dominated the printing inks market share with a revenue share of over 34.61% in 2024 and is projected to maintain its dominance during the forecast period. Growing consumption of packaged food primarily drives the market growth in the region.
• North America is a potential market for paints & coatings. The regional market is being propelled by the growing adoption of digital printing and the ongoing transformation of the fashion industry.
• A few global key players in the market are Flint Group; T&K TOKA Corporation; Dainichiseika Color & Chemicals Mfg. Co., Ltd.; DIC Corporation; Epple Druckfarben AG; Sakata Inx Corporation; DEERS I CO., Ltd.; Hubergroup; TOKYO PRINTING INK MFG CO., LTD.; TOYO INK SC HOLDINGS CO., LTD.; and Siegwerk Druckfarben AG & Co. KGaA.

Polaris Market Research has segmented the printing inks market based on product, resin type, application, and region:

By Product Outlook (Revenue – USD Billion, 2020–2034)

• Gravure
• Flexographic
• Lithographic
• Digital
• Others

By Resin Outlook (Revenue – USD Billion, 2020–2034)

• Modified Rosin
• Modified Cellulose
• Acrylic
• Polyurethane
• Others

By Application Outlook (Revenue – USD Billion, 2020–2034)

• Packaging & Labels
• Corrugated Cardboards
• Publication & Commercial Printing
• Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Printing Inks Market Report Scope