Global demand for printing ink is forecast to expand 4.4% p.a. between 2014 and 2018. Argentina, Azerbaijan, China, Morocco, and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global printing ink industry is forecast to reach 4.4% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 3.3%. Currently, black printing ink accounts for 20.6 % of the global demand while other printing inks cover 79.4% of the market.
Argentina, China, Germany, India, and the United States represent the largest printing ink markets while the strongest annual growth is forecast to occur in Morocco (18.7%), Azerbaijan (16.4%), Indonesia (12.7%), Macedonia (11.6%), and Senegal (11.4%).
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Printing ink market size compared to market growth in different countries
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential printing ink markets in the coming years are:
Ranking Country Market Potential Rate
1. Morocco 0.19
2. Azerbaijan 0.16
3. Indonesia 0.14
4. Macedonia 0.12
5. Senegal 0.11
6. Estonia 0.11
7. Slovakia 0.11
8. Thailand 0.13
9. Kazakhstan 0.09
10. Turkey 0.11
11. Ghana 0.08
12. Bolivia 0.08
13. Sri Lanka 0.08
14. Czech Republic 0.08
15. United States 0.37
16. Ecuador 0.07
17. Latvia 0.07
18. Ethiopia 0.07
19. Vietnam 0.08
20. Panama 0.06
The leading players on the global printing ink market are considered to be companies like Aesthetic Ink (Shanghai) Co., Ltd., Anhui Yamei Printing Ink Co., Ltd., Bauhinia Variegata Ink & Chemicals (Zhejiang) Co., Ltd., Brother Industries Technology (M) Sdn Bhd, Cailiwenyi Supplies Shenzhen Co.,Ltd, Cemani Toka, PT, Diaisheng (Taiyuan) Printing Ink Co.,Ltd, DIC Corporation, Dongguan Yongda Color Printing Co.,Ltd, Druckfarben Hellas S.A., Dyo Matbaa Murekkepleri Sanayi Ve Ticaret A S, E.I. DuPont de Nemours & Co., Electronics For Imaging India Private Limited, Encres Dubuit SA, Flint Group, Fujian Youli Chemical Industrial Co., Ltd., Fukushima Canon Inc., Fuzhou Ink Factory, Guangdong Fengcai Ink Co., Ltd., Guangdong New Tech-A Enterprise Co., Ltd., Guangdong Sky Dragon Printing Ink Group Co., Ltd., Guangzhou Nansha Huzhuo Chemical Co., Ltd., Guiyang Sanzhan Group Industrial Co., Ltd., Gunong Printing Ink (M) Sdn. Bhd., Hangzhou Toka Ink Chemical Co., Ltd., Hartmann Druckfarben GmbH, Hi-Tech Color (Shanghai) Co., Ltd., Hsin Mei Kuang Co., Ltd., Hubei Dinglong Chemical Co.,Ltd, Inkote Indonesia, Pt, Inktec Co Ltd, INX International Ink Co., Jiangmen TOYO INK CO., LTD., Jiaxing Fly Digital Inkjet Material Co.,Ltd, Jiaxing Tianma Printer Consumables Co., Ltd., Jiaxingfurongpenhuixiezhen Material Co.,Ltd, Letong Chemical Co.,LTD, Michael Huber MÃ¼nchen GmbH Farbenfabriken, Micro Inks Ltd, MicroJet Technology Co Ltd, Nikon, Pibu Ink (India) Private Limited, SAKATA INX CORPORATION, SÃ¡nchez, S.A. de C.V., Shanghai Dongyang Printing Ink Manufacture Co.,Ltd, Shanghai Lucky Biological & Chemical Technology Co.,Ltd, Shanghai Silian Industrial Co.Ltd, Shengweike( Shanghai ) Printing Ink Co.,Ltd, Shenyang Tianqi Dope Technology Co., Ltd., Shenzhen Huameidi Ink Co., Ltd, Shenzhen Meilihua Ink & Coating Co., Ltd., Shenzhen Rongda Electronic Material Co., Ltd., Shenzhen-DIC Co., Ltd., Sicpa Holding SA, Siegwerk, Sun Chemical, Sun Ink (Suzhou) Co.,Ltd, Suzhou Kingswood Printing Ink Co Ltd, Suzhou Sanwei Nanometer Technology Co., Ltd., Suzhou Zhongya Printing Ink Co.,Ltd, T & K TOKA CO., LTD., T&K TOKA Corporation, Taizhou Zhongrun Printing Ink Co., Ltd., Tianjin Tiannu Chemical Group Co., Ltd., Tianjin Toyo Ink Co., Ltd., Toyo Ink, Toyochem, United Ink and Varnish Company Private Limited, Weihui Xinkenai Printing Ink Chemical Manufacture Co., Ltd., Wenshui Xicheng Carbon Black Factory, Wikoff Color Corp, Xaar plc, Xiamen Xinming Technology Co., Ltd., Yangzijing Ink, Yuxi Xingyuan Ink Factory, Zhejiang New East Printting Ink Co., Ltd., Zhejiang Tongxiang New East Printing Ink Co., Ltd., Zhongshan Zhongyi Printing Ink Coating Co.,Ltd, Zhongyi Ink & Paint Co.,Ltd, Zhuhai Youtai Technology Co.,Ltd, and Zhuhaizhongrunjingjiedayinji Supplies Co.,Ltd.
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for printing ink in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Nigeria, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
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The latest market data for this research include:
- Overall printing ink market size, 2007-2018
- Printing ink market size by product segment, 2007-2018
- Growth rates of the overall printing ink market and different product segments, 2007-2018
- Shares of different product segments of the overall printing ink market, 2007, 2013 and 2018
- Market Potential Rates of the overall printing ink market and different product segments
The product segments analyzed in the data reports include:
Black printing ink
Other printing ink
The reports answer the following questions:
- What is the current size of the printing ink market in the world and in different countries?
- How is the printing ink market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
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