Market Overview:
The global water based inks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for water based inks from various applications such as publication, packaging, tags & labels, textile and others. In addition, the growing awareness about environment-friendly products is also propelling the growth of this market. Some of the major players operating in this market are Sun Chemical Corporation (U.S.), Siegwerk Druckfarben AG & Co KGaA (Germany), Toyo Ink SC Holdings Co., Ltd.(Japan), and Flint Group Narrow Web SA (Luxembourg).
Product Definition:
Water-based inks are made of water and pigment. They are the most common type of ink used in printers today and come in both cartridge and refillable varieties.
Flexographic Inks:
Flexographic inks are characterized by the presence of two or more images which can be shifted either vertically or horizontally within the sheet. These sheets of images are produced when a non-toner material is applied over an image formed by a printing process and then transferred to paper. The ink consists of dyes, pigments & additives which may or may not be soluble in water depending upon their formulation.
Gravure Inks:
Gravure inks are rotary printing press type inks that are used for printing on paper and other flexible materials. These types of ink can be characterized as waterproof, non-reactive to most solvents, high viscosity and solid at room temperature. Gravure printing is a dry process which involves feeding the printable material into the print head where it is printed with lines or blocks by using a rotating plate called “printing press”.
Application Insights:
Publication was the largest application segment in 2017 and is expected to witness growth over the forecast period. The growing use of water based inks for printing on various fabrics including paper, polyester, cotton & linen, glass & metal is anticipated to propel demand. In addition, these inks are used for screen printing on textile products such as T-shirts which further supports segment growth. Other applications include tags and labels where these waterproofed tags can be attached to products during manufacturing or distribution processes without any risk of getting detached from the product they are attached too. These types of labels do not require any additional coating before sticking them onto products making them ideal for high volume production runs.
The packaging segment held around 15% share of overall revenue in 2017 owing to increasing demand from end-use industries such as food & beverage.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the global revenue share. The region is anticipated to continue its dominance over the forecast period, owing to growing demand from end-use industries such as packaging, textile, tags & labels and others. China is expected to remain a key manufacturing hub for GWBBI manufacturers due to low production cost coupled with availability of skilled labor force in this country.
North America emerged as the second-largest consumer of GWBBI in 2017 owing to high demand from U.S.-based companies looking for ecofriendly printing solutions that are environment friendly and do not cause pollution unlike solvent based inkjet printers used earlier during printing process.
Growth Factors:
- Increasing demand for water based inks from the packaging industry as they are environment-friendly and non-toxic.
- Rising demand for water based inks in the publishing sector due to their superior printing properties as compared to other types of ink.
- Growing popularity of digital printing which is mainly done using water based inkjet printers resulting in increased demand for these types of inkjet printers.
- Rapid expansion of the textile industry across the globe, especially in regions such as Asia Pacific and Latin America, is expected to drive growth of the water based ink market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Based Inks Market Research Report
By Type
Flexographic Inks, Gravure Inks, Others
By Application
Publication, Packaging, Tags & Labels, Textile, Others
By Companies
Flint Group, DIC Corporation, Sakata Inx, Siegwerk, Toyo Ink, Nazdar Ink Company, T&K Toka, Huber Group, PolyOne, FUJIFILM, Kao Collins, Sky Dragon Group, Fujian GeLinChunTian, Hangzhou TOKA, Yipsink, Shenzhen BIC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Water Based Inks Market Report Segments:
The global Water Based Inks market is segmented on the basis of:
Types
Flexographic Inks, Gravure Inks, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Publication, Packaging, Tags & Labels, Textile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Flint Group
- DIC Corporation
- Sakata Inx
- Siegwerk
- Toyo Ink
- Nazdar Ink Company
- T&K Toka
- Huber Group
- PolyOne
- FUJIFILM
- Kao Collins
- Sky Dragon Group
- Fujian GeLinChunTian
- Hangzhou TOKA
- Yipsink
- Shenzhen BIC
Highlights of The Water Based Inks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexographic Inks
- Gravure Inks
- Others
- By Application:
- Publication
- Packaging
- Tags & Labels
- Textile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Water Based Inks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Water based inks are a type of ink that is made up of water and pigment. They are less viscous than oil-based inks, which makes them easier to write with on paper.
Some of the major companies in the water based inks market are Flint Group, DIC Corporation, Sakata Inx, Siegwerk, Toyo Ink, Nazdar Ink Company, T&K Toka, Huber Group, PolyOne, FUJIFILM, Kao Collins, Sky Dragon Group, Fujian GeLinChunTian, Hangzhou TOKA, Yipsink, Shenzhen BIC.
The water based inks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water Based Inks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Water Based Inks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water Based Inks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Water Based Inks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Water Based Inks Market Size & Forecast, 2020-2028
4.5.1 Water Based Inks Market Size and Y-o-Y Growth
4.5.2 Water Based Inks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flexographic Inks
5.2.2 Gravure Inks
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Publication
6.2.2 Packaging
6.2.3 Tags & Labels
6.2.4 Textile
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Based Inks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Water Based Inks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flexographic Inks
9.6.2 Gravure Inks
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Publication
9.10.2 Packaging
9.10.3 Tags & Labels
9.10.4 Textile
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flexographic Inks
10.6.2 Gravure Inks
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Publication
10.10.2 Packaging
10.10.3 Tags & Labels
10.10.4 Textile
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flexographic Inks
11.6.2 Gravure Inks
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Publication
11.10.2 Packaging
11.10.3 Tags & Labels
11.10.4 Textile
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flexographic Inks
12.6.2 Gravure Inks
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Publication
12.10.2 Packaging
12.10.3 Tags & Labels
12.10.4 Textile
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flexographic Inks
13.6.2 Gravure Inks
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Publication
13.10.2 Packaging
13.10.3 Tags & Labels
13.10.4 Textile
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Water Based Inks Market: Competitive Dashboard
14.2 Global Water Based Inks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flint Group
14.3.2 DIC Corporation
14.3.3 Sakata Inx
14.3.4 Siegwerk
14.3.5 Toyo Ink
14.3.6 Nazdar Ink Company
14.3.7 T&K Toka
14.3.8 Huber Group
14.3.9 PolyOne
14.3.10 FUJIFILM
14.3.11 Kao Collins
14.3.12 Sky Dragon Group
14.3.13 Fujian GeLinChunTian
14.3.14 Hangzhou TOKA
14.3.15 Yipsink
14.3.16 Shenzhen BIC
