Digital inks market size expected to reach $4.9 Billion by 2026
Packaging industry is on the rise driven by end-users industries. Further driving demand for solvent-based printers from the packaging industry, high consumption of food & beverages and electronics in the developing regions further contributing to the growth of digital inks market.
Digital inks market size is expected to reach $4.9 billion by 2026 growing at a CAGR of 9.6% during 2021-2026, according to market report.
Digital inks are widely used in electronic paper and windows ink which includes the printing of texts, images, or other graphics digitally on a diverse range of media substrates. Digital printers offer a cleaner finish and use less space compared to conventional offset printing thus allowing the use of unlimited colour combinations, which is the key influencing factor for the growth of the digital ink market.
In addition, the growth of e-commerce platform is expected to fuel the demand for digital inks in applications such as advertising & promotion, and packaging. Furthermore, the globally increasing demand for digital ink in the packaging industry is expected to remain a significant growth driver for the digital ink industry.