Global Digital Inks Market | Growth, Analysis, Trends

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The Global Digital Inks Market to Grow at CAGR of
6.05 by 2028
Triton Market Research presents the Global
Digital Inks Market segmented by Substrate
(Ceramic Glass, Textile, Plastics, Others),
Technology Type (Ink-Jet, Electrography),
Application (Office Printing, Industrial
Printing, Packaging Rigid Containers, Flexible
Packaging, Retail Bags and Sacks,
Labels, Textile, Commercial Printing,
Publication Books, Periodicals, Newspapers,
Others, Others), Ink Type (UV Ink Universal UV
Ink, Flexible UV Ink, Rigid UV Ink, Water-Based
Ink Pigment Ink, Dye Ink, Digital Textile Ink
Textile Pigment Ink, Reactive Ink, Sublimation
Ink, Acid Ink, Disperse Ink, Packaging Ink Soft
Packaging Ink, Label Ink, Other Packaging Inks,
Solvent Ink Eco Solvent Ink, Other Solvent Ink,
Others Glass Ink, Ceramic Ink, Desktop Ink,
Circuit Board Ink), and Geography (Middle East
and Africa, Asia-Pacific, Europe, Latin America,
North America). The report further discusses the
Market Summary, Industry Outlook, Key Insights,
Impact of COVID-19, Porter's Five Forces
Analysis, Industry Standards, Market
Attractiveness Index, Vendor Scorecard, Key
Market Strategies, Drivers, Restraints, Opportunit
ies, Competitive Landscape, Methodology Scope,
Global Market Size, Forecasts Analysis
(2021-2028). Triton's report infers that the
global digital inks market is envisioned to
witness growth in revenue and volume by 6.05 and
5.17 of CAGR, respectively, during the
anticipated phase of 2021-2028.
GLOBAL DIGITAL INKS MARKET 2021-2028 CAGfc6.05
jpa The regional paradigm of DIGITAL INKS MARKET
was dominated by Europe by capturing a majority
of revenue share. On the other hand, North
America is anticipated to be the fastest growing
regional market over the forecast
period. www.tritonmarketresearch.com
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Inkjet technology is a growing trend used to
create graphics on ceramic tiles, increasing
their demand in the market. The use of digital
ink offers growth opportunities to the printing
industry worldwide.
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With the technological advancements,
manufacturers might lower the cost of UV curable
inks in the upcoming years. For instance,
manufacturers are introducing advanced
technologies, such as LED-UV, which opens new
avenues for the studied market. However,
developing countries face the challenge related
to finances, owing to the limited availability of
skilled professionals and high-tech equipment.
Hence, the high initial cost negatively impacts
the digital inks market globally. Globally, North
America is anticipated to witness the fastest
growth rate in the digital inks market over the
forecast period. The growth in the textile
industry, paired with a revolution in the fashion
industry, has increased the adoption of digital
printing across the United States. Furthermore,
the adoption of digital printing in the packaging
industry has grown significantly in the country,
adding to the studied market's progress. Here,
innovative product packaging is another factor
that has increased the need for digital printing,
thereby enhancing the demand for digital
inks. The enterprises profiled in the digital
inks market Include DIC Corporation, Alphachem Co
Ltd (Inkmate), Dupont, Inktec, Redgaint Inc
(Inkrang), Toyo Ink Sc Holdings Co Ltd, Zhuhai
Print-Rite New Materials Corporation Limited
(Pmz), Dover Corporation, Flint Group, Sakata Inx
Corporation, Wikoff Color Corporation,
AGFA-Gevaert Nv (AGFA), Marabu GmbH Co KG,
Nazdar Ink Technologies, and Encres Dubuit. The
competition level in the digital ink market is at
a moderate level, with brands competing based on
price, design, quality, and technology. Only a
few companies are undertaking strategic
initiatives to expand their global presence. On
the other hand, the high initial investments to
set up manufacturing facilities, along with a
distribution network, reduces the threat of new
market players in the digital inks market.
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