What Has Been the Growth Trajectory for the Water-Based Printing Inks Market in Recent Years?
The water-based printing inks market has seen considerable growth due to a variety of factors.
• The market size for water-based printing inks has seen substantial growth in the past few years. The market, which is expected to increase from $10.72 billion in 2024 to $11.39 billion in 2025, is predicted to have a compound annual growth rate (CAGR) of 6.2%.
The expansion in the historic period can be attributed to the growth of emerging markets, the shift in customer preferences, and advancements in technology.
What Is The Projected Growth And Market Size For The Water-Based Printing Inks
The water-based printing inks market is expected to maintain its strong growth trajectory in upcoming years.
• It is predicted that the market size for water-based printing inks will experience robust growth in the upcoming years, reaching a value of $13.9 billion in 2029 with a compound annual growth rate (CAGR) of 5.1%.
The growth expected during the forecast period can be credited to factors such as sustainability, a surge in demand from both the printing and packaging industries, and increased need from end-user sectors. Key trends for this period are projected to include a rise in investments in research and development to advance products with superior physical and chemical attributes, a growing reliance on consultancy services for water-based printing ink to assist customers in choosing the right pigments as they are easily replicable, making distinguishing between different brands increasingly complex, the addition of high-resolution inks to water-based printing ink companies' offerings as they provide better results than standard inks by enabling high-speed, precise and solid printing, inclusion of thermal inkjet inks to meet the escalating demand for improved performance, cost reduction and ink versatility, particularly in the photo printing segment. Moreover, strategic alliances or mergers and acquisitions are also on the rise in the printing inks industry, with many firms actively acquiring and merging with promising start-ups and mid-sized enterprises to widen their product and service offerings, or to establish footholds in emerging markets.
What Key Factors and Trends are Driving the Growth of the Water-Based Printing Inks Market?
The expansion of the clothing sector is anticipated to spur the growth of the water-based printing inks industry. This sector encompasses activities like designing, producing, distributing, and selling clothes and accessories. The blossoming of the clothes sector is attributed to aspects like an increased demand by consumers for diversified and eco-friendly fashion alternatives, advances in online shopping, and a heightened focus on customized and ethically made items. These inks are preferred in this industry due to their capacity to deliver bright, durable prints on materials, while also being eco-friendly and devoid of damaging chemicals, thus perfect for green textile printing. For example, in May 2023, Textile Industries Media Group LLC, a media firm offering insights about the textile sector, reported that in 2022, textiles and clothing exports in the US reached $34 billion, an increase from $28.4 billion in 2021. Hence, the burgeoning clothes sector is fueling the water-based printing inks industry.
What Are The Main Segments Of The Global Water-Based Printing Inks Market?
The water-based printing inks market covered in this report is segmented –
1) By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks, Other Water Based Inks
2) By Type: Flexo Inks, Gravure Inks, Screen Printing Inks, Digital Inks
3) By Application: Packaging Industry, Textile Industry, Art, Other Applications
Subsegments:
1) By Acrylic Water-Based Inks: Flexible Acrylic Inks, Rigid Acrylic Inks, High-Performance Acrylic Inks
2) By Maleic Water-Based Inks: Maleic Resin Inks for Flexography, Maleic Resin Inks for Gravure Printing
3) By Shellac Water-Based Inks: Shellac-Based Inks for Paper Printing, Shellac-Based Inks for Packaging
4) By Other Water-Based Inks: Natural Polymer-Based Inks, Soy-Based Inks, Vinyl-Based Inks, Hybrid Water-Based Inks
Pre-Book The Water-Based Printing Inks Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Water-Based Printing Inks Market?
Numerous firms in the printing ink industry are transitioning from the production of petroleum-based printing inks to the creation of eco-friendly printing inks, also known as green printing inks. Unlike their petroleum-based counterparts, green printing inks are devoid of heavy metals and any potentially harmful or toxic substances, reducing their impact on landfill pollution. These environmentally gentle inks are derived from sustainable resources like soy and other plant bases, which are more environmentally sound than petroleum. Water-based and oil-based printing inks are among the green printing ink variants. Using these types of ink significantly diminishes the discharge of volatile organic compounds (VOCs) during printing activities. Major operators in the printing ink sector, such as DIC Corporation, Flint Group, Sakata Inx, among others, have incorporated green printing inks into their range of products.
Who Are the Key Players in the Water-Based Printing Inks Market?
Major companies operating in the water-based printing inks market include:
• DIC Corporation
• Flint Group
• Siegwerk Druckfarben Ag & Co. KGaA
• Sakata Inx
• Toyo Ink SC Holdings Co. Ltd.
• T & K Toka Co. Ltd.
• Huber Group
• Tokyo Printing Ink Mfg. Co. Ltd.
• Fujifilm North America
• Nazdar Ink Company
• Daihan Ink
• Bauhinia Ink
• DAS Water Based Ink
• Zhejiang Yongzai Chemical
• Shanghai Si-Lian Industrial General Company
• Dolphin Inks Pvt. Ltd.
• Matsui Chemical (International)
• Altana Corporation
• Ferro
• Sun Chemical Group
• Colorgraf SpA
• BRANCHER Tremblay
• Encres Dubuit
• INX International France S.A.S.
• Brigal SA.
• Chimigraf Iberica S.L.
• SICPA Holding SA
• Wikoff Color Corporation
• DEERS I Co. LTD.
• Dow
• Evonik
• Doneck Network
• Ahbar Industries
• Al Sama Ink Company
• United Ink Production Co. Ltd.
• Rexx Screen and Digital Supplies
• Magna Colours.
What Is The Most Dominant Region In The Water-Based Printing Inks Market?
Asia-Pacific was the largest region in the water-based printing inks market in 2024. Western Europe was the second-largest region in the global water-based printing inks market analysis. The regions covered in the water-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
