According to the latest report by IMARC Group, titled “North America Ink Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the north america ink market reached a value of US$ 6.6 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.1% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Ink refers to a colored fluid or paste primarily used for writing, drawing, printing, or duplicating. It is usually produced from materials like solvents, dyes, pigments, resins, lubricants, solubilizers, fluorescents and surfactants. Ink can be categorized into two broad classes – printing and writing inks. At present, the printing ink is witnessing a strong growth as it is utilized for printing books, magazines, posters, newspapers, journals, calendars and photographs.
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Rapid growth in the packaging and labeling industry is primarily creating a positive outlook for the North America ink market as it is widely used in the packaging of various products. Additionally, with the stringent government regulations, it has become mandatory for the manufacturers of food and beverages, cosmetics, and personal care products to include details like product price, ingredients, quantity, and date of manufacturing and expiry on the packaging. Moreover, on account of increasing income levels, easy product availability on both offline and online channels is further catalyzing the demand for printing ink. Besides this, the launch of bio-based ink produced from algae cells and other plant materials is expected to further propel the market growth in the coming years.
North America Ink Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the north america ink market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america ink market on the basis of technology, ink type, application and country.
Breakup by Technology:
Lithographic
Flexographic
Gravure
Digital
Letterpress
Others
Breakup by Ink Type:
Oil Based
Solvent Based
Water Based
Breakup by Application:
Labeling and Packaging
Commercial Printing
Publishing
Others
Breakup by Country:
United States
Canada
Mexico
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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