The global continuous inkjet inks market is projected to experience steady growth over the next decade, with market size expected to reach USD 362.1 million by 2024, and further anticipated to reach USD 488.3 million by 2034. According to industry forecasts, sales of continuous inkjet inks will grow at a CAGR of 3.0% from 2024 to 2034. The market generated USD 353.1 million in revenue in 2023 and is expected to exhibit a Y-o-Y growth of 2.5% in 2024.
Water-based inks are driving this market expansion, accounting for over 45% of the total market share due to their increasing use in high-speed roll-to-roll yardage printing across various industrial applications. Their superior performance and growing demand for sustainable, efficient printing solutions contribute to this trend.
Moreover, the use of paper as a printing substrate is forecasted to dominate the market, capturing 70% of the total market share during the forecast period. Paper substrates are gaining popularity because of their versatility, environmental friendliness, and compliance with food safety regulations.
See How Things Have Changed: Access the Old Source for This Report!
Paper’s adaptability across multiple printing applications—including the production of images, text, and coding for industries ranging from packaging to consumer goods—makes it a preferred choice. Additionally, its easy availability in various sizes and grades makes it more attractive compared to alternatives like plastic or metal substrates.
Eco-Friendly Continuous Inkjet Inks: A Sustainable Alternative for Printers
As global environmental concerns continue to rise, the demand for sustainable printing solutions has never been more crucial. Traditional inks used in inkjet printers, such as dye-based inks, contain harmful heavy metals like mercury, lead, cadmium, and hexavalent chromium, which are banned under EU regulations due to their damaging effects on both human health and the environment.
These heavy metals, along with various petroleum-based chemical additives, can contribute to water and soil pollution. Furthermore, the rapid drying properties of conventional inks are achieved through volatile chemicals, further intensifying their environmental footprint.
Key Takeaways: Continuous Inkjet Inks Market
- The global market recorded a CAGR of 1.6% between 2019 and 2023.
- The Brazilian IT market holds a 36.5% share of the Latin American market, with a valuation of USD 45.2 billion in 2022, reflecting 3% growth from 2021.
- The USA is expected to experience a 2.1% CAGR during the forecast period, driven by the demand for secured packaging in the beverage industry, which is also boosting the continuous inkjet inks market.
- India’s pharmaceutical industry is a leader in generic drug production, growing at a CAGR of 9.43%, and is projected to reach USD 130 billion by 2030.
- The paper segment is projected to dominate with a 70.5% market share by the end of 2034.
Competitive Landscape
Key participants in the continuous inkjet inks industry are creating and bringing new goods to the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
Key Players in Continuous Inkjet Inks Manufacturers
- Sun Chemical
- Eastman Kodak Company
- Needham Inks Ltd.
- Squid Ink.
- Kao Collins Inc.
- Tritorn GmbH
- Linx Printing Technologies.
- Videojet Technologies, Inc.
- ARMOR – IIMAK
- CODING & MARKING SERVICES Sarl
- InkJet, Inc.
- PrintJet USA
- Palco Industrial Marking & Labeling, Inc
- Jet Inks Private Limited
Key Developments in Continuous Inkjet Inks Market
- In March 2024, Sun Chemical, producer of printing inks and pigments launched Xennia Jade, a pigment ink to meet the escalating demands of the direct-to-film (DTF) market.
- In Jan 2023, Needham Inks Ltd. introduced a new MEK ink, suited for alcohol resistance with the aim of expanding its continuous inkjet inks product portfolio.
- In May 2023, Eastman Kodak Company acquired Graphic Systems Services Inc. (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services to strengthen its inkjet capabilities.
Continuous Inkjet Inks Market Segmentation
By Ink:
In terms of ink, the industry is divided into water-based inks, solvent based inks, UV curable inks and phase change ink. The water-based inks segment is further categorized into dye based and pigment based.
By Substrate:
Few of the important substrate include paper, plastic sheets, glass, metal, others (fabrics, etc.). The paper substrates are further divided into paperboard and card board.
By End Use:
Some of end users related to continuous inkjet inks market include food, beverage, pharmaceuticals, electrical and electronics and others
By Region:
Key countries of North America, Latin America, East Asia, South Asia, Europe, Oceania, Middle East and Africa are covered.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
