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the global digital inks market was 1.93 bn in 2017 & is expected to generate around USD 3.44 bn by 2024, at a CAGR of around 8.62% between 2018 & 2024.
SUITE N202, FLORIDA, UNITED STATES, October 10, 2022 /EINPresswire.com/ -- Zion Market Research has published a new report titled โ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ by Formulation (Solvent-Based, Water-Based, and UV-Cured) and by Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018โ2024โ. According to the report, the global digital inks market was approximately USD 1.93 billion in 2017 and is expected to generate around USD 3.44 billion by 2024, at a CAGR of around 8.62% between 2018 and 2024.
Digital printing involves the printing of images, texts, or other graphics digitally on a diverse range of media substrates. Unlike conventional printing or offset printing, a printing plate is not required in digital printing. They provide high speed and excellent print quality for text, images, and graphics. Digital inks are diversely utilized for fine art, variable data printing, advertising, and desktop publishing.
The increasing demand for digital printing in various industries, such as packaging, clothing, and textiles, is the primary growth factor anticipated to leverage the digital inks market in the upcoming years. Several beneficial characteristics, such as enhanced customization, improved image resolution, and limited turnaround time, are likely to propel the digital inks market in the forecast timeframe.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐@https://www.zionmarketresearch.com/sample/digital-inks-market
The rising adoption of 3D printing technology globally is likely to propel the digital inks market in the years ahead.
The digital inks market is segmented on the basis of formulation and application. By formulation, this market includes solvent-based, water-based, and UV-cured. The solvent-based segment is projected to dominate the market over the forecast timeline, owing to its cost-effectiveness in ceramics tiles printing applications, packaging purposes, and advertising and promotional activities. By application, the digital inks market includes advertising and promotion, ceramic tiles printing, clothing, household textiles, and others.
The advertising and promotion segment is predicted to dominate the digital inks market in the upcoming years. In the retail sector, digitally printed signs, point of sale, and point of purchase display posters are mainly used for promotional activities, which, in turn, is likely to fuel this segmentโs growth in the future.
North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa comprise the regional segment of the global digital inks market. The North American digital inks market is predicted to provide significant growth opportunities in the future, owing to the adoption of 3D digital printing technology, especially in the packaging sector, and technological advancements in printing technology. The Asia Pacific region contributed notably toward the global digital inks market in 2017 and is predicted to dominate in the upcoming years.
This can be attributed to the rapid urbanization and ongoing developments witnessed across the regionโs construction sector. The demand for corporate branding activities and real estate advertisements is the primary factor likely to fuel the regionโs digital inks market in the future. Moreover, the development of environment-friendly inks is further anticipated to boost industry growth in the region in the upcoming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐@https://www.zionmarketresearch.com/requestbrochure/digital-inks-market
Sun Chemical Nazdar Company Marabu Toyo Ink SC Holdings Co. JK Group Inc International Ink Bordeaux Digital Printing Ltd. Sensient Imaging Technologies Fujifilm Holdings Corporation Nutec Digital Ink among others.
Advertising and Promotion Ceramic Tiles Printing Clothing and Household Textiles Others
North America The U.S. Europe UK France Germany Asia Pacific China Japan India Latin America Brazil The Middle East and Africa
๐๐๐๐ ๐๐๐ฐ๐ฌ@https://www.zionmarketresearch.com/news/digital-inks-market
-Market share and rival companies -Market organization: Overview -Growth factors and restrictions -Analysis of the Porter Five -SWOT evaluation -Market forecasts and trends -Market divisions and projections -newest trends -Development possibilities. -Research Report Also Examines: -Competitive businesses and producers in the worldwide market -Applications, Product Type, and Growth Factors -Current Situation and Future Prospects of the Major Applications, End Users, and Usage Area
Browse the full โ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง (๐๐จ๐ฅ๐ฏ๐๐ง๐ญ-๐๐๐ฌ๐๐, ๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐, ๐๐ง๐ ๐๐-๐๐ฎ๐ซ๐๐) ๐๐ง๐ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง (๐๐๐ฏ๐๐ซ๐ญ๐ข๐ฌ๐ข๐ง๐ & ๐๐ซ๐จ๐ฆ๐จ๐ญ๐ข๐จ๐ง, ๐๐๐ซ๐๐ฆ๐ข๐ ๐๐ข๐ฅ๐๐ฌ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ , ๐๐ฅ๐จ๐ญ๐ก๐ข๐ง๐ & ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐๐ฌ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ): ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ฌ๐ฉ๐๐๐ญ๐ข๐ฏ๐, ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ, ๐๐๐๐โ๐๐๐๐โ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.zionmarketresearch.com/report/digital-inks-market
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