The introduction of the lower cost of continuous inkjet inks has made it a preferred product across industries that used it for packaging and labeling. The cost-saving advantage of these types of inks has made it popular for large prints along with bulk printing. In the recent past, the high demand for attractive packaging has particularly won the market a steady business. Food & beverages and pharmaceutical industries have been at the fueling the demand for these products as they are specifically produced for this purpose. Collectively, these segments are expected to generate 80% of the business for continuous inkjet inks over the forecast period. The inkjet printers contain higher reliability since each of the nozzles is electronically controlled. A maximum of up to 2,000 ft per minute line speed can be achievable, which makes this product line move much faster. The continuous inkjet system utilizes less ink and a wide range of inks for just every type of material, which further makes it an apt choice.
MARKET DYNAMICS
The continuous inkjet inks market has witnessed a significant growth owing to factors such as wider application in industries such as food & beverage, pharmaceuticals, electrical and electronics, and others. Wider product availability such as aqueous/water-based inks, dye-based inks, pigment-based inks, solvent-based inks, UV curable inks, and phase change ink / hot melt inks are also contributing to the growth of this market. Moreover, environment-friendly labels anticipated augmenting the growth of the continuous inkjet inks market. In addition to that, key developments by the market players are further contributing to the market growth. For instance, in March 2020, Squid Inks introduced a range of mineral oil-free inks that emit less odor and further provide assurance of zero damage to inkjet printers. This type of labeling may help the company to meet the standards of some new markets, opening avenues for entry into new markets. Furthermore, ink manufacturers have concentrated on the production of UV curable inks to use for inkjet printers to prevent any kind of damage to print quality due to exposure to UV rays. However, due to the COVID-19 pandemic condition, all the factories, offices, and supply chain have been shut down, it may further hamper the market growth for continuous inkjet inks. Nevertheless, with new business strategies and innovative product offerings, market players can open up new opportunities for this market.
MARKET SCOPE
The Global Continuous Inkjet Inks Market Analysis to 2028? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the continuous inkjet inks market with detailed market segmentation by ink type, substrate, end-use industry, and geography. The global continuous inkjet inks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading continuous inkjet inks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global continuous inkjet inks market is segmented on the basis of ink type, substrate, and end-use industry. On the basis of ink type, the continuous inkjet inks market is segmented into aqueous / water-based inks, dye-based inks, pigment-based inks, solvent-based inks, UV curable inks, and phase change ink / hot melt inks. The continuous inkjet inks market on the basis of the substrate is classified into paper and paperboard, cardboard, plastic sheet, glass, metal, and others. On the basis of end-use industry, global continuous inkjet inks market is bifurcated into food & beverage, pharmaceuticals, electrical and electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global continuous inkjet inks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The continuous inkjet inks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the continuous inkjet inks market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the continuous inkjet inks market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global continuous inkjet inks market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from continuous inkjet inks market are anticipated to lucrative growth opportunities in the future with the rising demand for continuous inkjet inks in the global market. Below mentioned is the list of few companies engaged in the continuous inkjet inks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the continuous inkjet inks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aztec Fluids And Machinery Private Limited
- Eastman Kodak Company
- International Imaging Materials, Inc.
- Kao Collins Corporation
- Linx Printing Technologies
- Needham Inks Ltd
- Squid Inks
- Sun Chemicals
- Tritron GmbH.
- Videojet Technologies, Inc.