How Has the UV Curable Inks Market Size Evolved in Recent Years?
The uv curable inks market has seen considerable growth due to a variety of factors.
• In the past few years, the market size of UV curable inks has seen significant growth. The market, which was worth $1.65 billion in 2024, is expected to expand to $1.76 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%.
The historical growth is mainly due to environmental regulations, ongoing progress in UV curing technology, a surge in demand for top-tier printing, cost reductions, advancements in productivity, and a transition towards sustainable procedures.
What Is The Forecast For The UV Curable Inks Market Size?
The uv curable inks market is expected to maintain its strong growth trajectory in upcoming years.
• The market for UV curable inks is projected to experience robust expansion in the forthcoming years, with its size escalating to $2.26 billion by 2029 at a CAGR of 6.4%.
Factors fueling this growth during the forecast period include the surge in the packaging industry, the unfolding of the market in rising economies, environmental-friendly ink initiatives, the broadening of application areas, and surging demand for superior and rapid printing. Salient trends during the forecast period encompass advancements in print technologies, emphasis on sustainability, the growth of 3D print applications, the creation of advanced UV-ink formulas, and heightened attention to bio-based and low-VOC UV inks.
What Are The Essential Drivers Behind The Growth Of The UV Curable Inks Market?
The expansion of the e-commerce sector is predicted to drive the growth of the UV curable inks market. E-commerce is an online business model that enables the exchange of goods and services over the internet. Its growing penetration is fueled by convenience, increasing internet access, and a shift in consumer preferences towards online purchasing. UV-curable ink is commonly used to print labels, barcodes, and product identifiers on e-commerce packaging. Furthermore, e-commerce aids in the distribution of UV curable ink for custom-printed apparel in the fashion sector, allowing for easy customization and quick production. For instance, the United States Census Bureau, a government agency, reported in February 2024 that e-commerce sales were anticipated to hit $1,118.7 billion in 2023, an increase of 7.6% (±1.2%) from 2022, while total retail sales grew by 2.1% (±0.4%) during the same time. In 2023, e-commerce sales made up 15.4% of all sales, compared to 14.7% in 2022. As a result, the rapid growth of e-commerce is stimulating the UV curable inks market.
How Is The Global UV Curable Inks Market Divided Into Key Segments?
The UV curable inks market covered in this report is segmented –
1) By Type: Offset Printing UV Curable Inks, Silkscreen Printing UV Curable Inks, Flexo Printing UV Curable Inks, Gravure UV Curable Inks, Digital Printing UV Curable Inks
2) By Product: Cationic, Free Radical
3) By End-User Industry: Automobile, Consumer Goods, Packaging, Electronics, Medical, Publications And Printing, Other End-User Industries
Subsegments:
1) By Offset Printing UV Curable Inks: Sheet-Fed Offset Printing, Web-Fed Offset Printing
2) By Silkscreen Printing UV Curable Inks: Graphic Printing, Industrial Printing, Textile Printing
3) By Flexo Printing UV Curable Inks: Label Printing, Flexible Packaging Printing, Corrugated Packaging Printing
4) By Gravure UV Curable Inks: Packaging Printing, Magazine Printing
5) By Digital Printing UV Curable Inks: Inkjet Printing, Commercial Printing, 3D Printing
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How Are New Trends Impacting The Size Of The UV Curable Inks Market?
Leading corporations in the UV curable inks market are concentrating on creating innovative technologies like UV LED technology in UV-curable inks to improve print quality, boost production efficiency, and limit environmental degradation. The introduction of new technology supports continual advancement and enhancement of UV-curable inks, authorizing manufacturers, printers, and end users to accomplish superior performance, sustainability, and efficiency in their printing tasks. For example, Fujifilm, a technology firm from Japan, introduced its first-ever indirect food contact ink, CuremaX IDFC, in September 2023. This groundbreaking series encompasses lustrous LED UV inks which are also compatible with conventional lamps, granting flexibility to printers. Specifically designed for pharmaceutical and food packaging, CuremaX IDFC has been composed to curtail the ink migration risk, making it suitable for tasks involving indirect food contact. The ink is ideal for narrow web labels and can be used on an array of surfaces, including coated and uncoated papers and synthetic materials like PE, PP, OPP, PET, and PVC.
Who Are the Key Players In The UV Curable Inks Market?
Major companies operating in the UV curable inks market are:
• Hewlett And Packard Company
• Heraeus Noblelight
• Fujifilm Corporation
• Kao Collins Corporation
• Sun Chemical Corporation
• Toyo Ink SC Holdings Co. Ltd.
• INX Digital International Co.
• Siegwerk Druckfarben AG And Co. KGaA
• Armstrong World Industries Inc.
• Agfa-Gevaert Group
• Mimaki Engineering Co. Ltd.
• T And K Toka Co. Ltd.
• SPGPrints B.V.
• Flint Group
• Roland DGA Corporation
• APV Engineered Coatings
• Gans Ink And Supply Co.
• Marabu GmbH And Co. KG
• Nutec Digital Ink Pvt. Ltd.
• Polymeric Imaging Inc.
• RUCO Druckfarben
• Pulse Roll Label Products Ltd.
• Eastern Marking Machine Corp.
• Paul Leibinger GmbH And Co. KG
• Bordeaux Digital Printink Ltd.
What Are The Regional Insights Into The UV Curable Inks Market?
Asia Pacific was the largest region in the UV curable inks market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the UV curable inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
