• Blog
  • Digital Ink Market Analysis | 2024-2030

    Digital Ink Market Analysis | 2024-2030

    Digital Ink Market Analysis | 2024-2030
    Report code - SR2788 Delivery - 2 Weeks
    Digital Ink Market Size, Share, Trends, Forecast, & Growth Analysis: 2024-2030
    See more...

    Market Insights

    "The digital ink market was estimated at USD 4 billion in 2023 and is likely to grow at a CAGR of 12.14% during 2024-2030 to reach USD 8.95 billion in 2030".

    Digital-Ink-Market-Insights

    Want to know more about the market scope? Register Here

    Market Dynamics

    Introduction

    Digital ink, also known as electronic ink or e-ink, refers to a technology that mimics the appearance of ordinary ink on paper. It is commonly used in e-readers, electronic paper displays, and certain digital note-taking devices. Digital ink is different from traditional displays, such as LCD or OLED screens, as it offers several unique features.

    Market Drivers

    The pandemic disrupted global supply chains, affecting the production and distribution of electronic devices, including e-readers and digital note-taking devices that use digital ink displays. Many manufacturers faced delays and shortages. With lockdowns and restrictions in place, there was a surge in demand for e-readers and tablets for e-learning and remote work. This led to an increased demand for digital ink displays, which are preferred for e-readers due to their paper-like readability and reduced eye strain.

    Digital-Ink-Market-Dynamics

    Want to have a closer look at this market report? Click Here

    Overall, the impact of COVID-19 on the digital ink market was a mix of challenges and opportunities. While manufacturing and supply chain disruptions posed obstacles, increased demand for e-readers, e-learning solutions, and digital signage contributed positively to the market. The long-term effects will depend on how these trends continue to evolve and how companies adapt to changing consumer behaviors and needs.

    Key Players

    The following are the key players in the digital ink market:

    • Wikoff Color Corporation
    • Sun Chemical
    • Siegwerk Druckfarben AG & Co. KGaA.
    • Cabot Corporation
    • FUJIFILM Corporation

    Note: The above list does not necessarily include all the top players in the market.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Segments with High Growth Opportunity

    Formulation Type Analysis

    Solvent-Based, Water-Based, and UV-Cured

    UV-cured ink is expected to remain the largest and the fastest-growing formulation type in the market during the forecast period.

    Application Type Analysis

    Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Packaging, and Glass Printing

    Advertising & Promotion is expected to remain the dominant as well as the fastest-growing application in the market during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    Asia-Pacific is expected to remain the largest market for digital ink during the forecast period.

    By Formulation Type

    Based on the formulation type, the digital ink market is segmented into solvent-based, water-based, and UV-cured. With the lowest decline in the demand for digital inks by the pandemic, UV-cured ink is expected to remain the largest and the fastest-growing formulation type in the market during the forecast period owing to the applications in a wide range of industries, including signage, labels, packaging, and industrial printing. They are suitable for both indoor and outdoor applications. UV-cured inks offer fast curing times, allowing for high-speed printing. They are versatile and can be used on a variety of substrates. UV printing is often associated with reduced environmental impact as it typically produces less waste and emits fewer volatile compounds.

    By Application Type

    Based on the application type, the market is segmented into advertising & promotion, ceramic tiles printing, clothing & household textiles, packaging, and glass printing. Advertising & Promotion is expected to remain the dominant as well as the fastest-growing application in the market during the forecast period. It offers flexibility in producing various marketing materials, including banners, posters, signage, and promotional products. The ability to produce short print runs and customized promotional items has contributed to its popularity in this sector.

    Regional Insights

    In terms of regions, Asia-Pacific is expected to remain the largest market for digital ink during the forecast period. There are several plastic packaging manufacturing units in the Asia-Pacific region, particularly in China, Korea, Japan, and India. Due to the rising domestic demand for processed foods and the growing export demand mainly from other nations in the region, there has been an increase in the usage of digital inks on printed packaging.

    Digital-Ink-Market-Regional-Insights

    Know the high-growth countries in this report. Register Here

    Research Methodology

    • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s digital ink market realities and future market possibilities for the forecast period.
    • The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
    • The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
    • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
    • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
    • We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Digital Ink Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions

    Digital ink, also known as electronic ink or e-ink, refers to a technology that mimics the appearance of ordinary ink on paper. It is commonly used in e-readers, electronic paper displays, and certain digital note-taking devices. Digital ink is different from traditional displays, such as LCD or OLED screens, as it offers several unique features.

    The digital ink market was estimated at USD 4 billion in 2023.

    The digital ink market is likely to reach USD 8.95 billion in 2030.

    The digital ink market is likely to grow at a CAGR of 12.14% during 2024-2030.

    Sun Chemical, Inx International Ink, Toyo Ink SC Holdings Co., JK Group, Nazdar Company, Fujifilm Holdings Corporation, Marabu, Sensient Imaging Technologies, Nutec Digital Ink, Bordeaux Digital PrintInk Ltd. are the leading players in the market.

    Asia-Pacific is estimated to remain dominant in the market in the foreseeable future. The key economies driving the region’s demand for digital inks are China, India, and Japan.

    Asia-Pacific is estimated to remain the fastest-growing market for digital ink in the foreseeable future due to the rise in packaging, textile, and apparel industries and increasing awareness of sustainability.

    Advertising & Promotion application is estimated to be dominant in the market in the coming years. Their ability to produce short print runs and customized promotional items has contributed to its popularity in this sector.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities