According to the latest market study released by Technavio, the global liquid waterborne printing inks market is expected to reach USD 2.11 billion by 2019, growing at a CAGR of more than 5%.
This research report titled ‘Global Liquid Waterborne Printing Inks Market 2015-2019’, provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
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The report categorizes the global liquid waterborne printing inks market into three major end-user segments. They are:
Promotion and others
Global liquid waterborne printing inks market in packaging industry
The global liquid waterborne printing inks market in the packaging industry consumed 304.4 kilotons in 2014 and is expected to consume 400.0 kilotons by 2019, growing at a CAGR of 5.61%. The packaging industry includes the use of liquid waterborne printing inks in the following major sub-segments: labels, flexible and folding cartons, printed corrugated boards, and printed films and others.
“The global liquid waterborne printing inks market in the packaging industry will witness faster growth than the markets in the other end-user segments during the forecast period because of an increase in the use of these inks for flexible packaging purposes in the food industry in the developed countries across the world,” says Chandrakumar Jaganathan, a lead analyst at Technavio for paints, coatings, and pigments industry.
Global liquid waterborne printing inks market in publishing industry
The global liquid waterborne printing inks market in the publishing industry is expected to consume 90.00 kilotons by 2019, growing at a CAGR of close to 4%. The publishing industry consists of the use of liquid waterborne printing inks in the following major sub-segments: annual and quarterly reports, magazines, journals, newsletters, newspapers, books, directories, and other published products.
Technavio expect the global liquid waterborne printing inks market in the publishing industry to witness slower growth than the markets in the other end-user segments during the forecast period because of the increasing popularity of digital media platforms for replacing newspapers and magazines in the print media industry.
Global liquid waterborne printing inks market in promotion and others segment
The promotion and others segment consists of the following major sub-segments:
Brochures, flyers, and booklets
Stationery, including letterheads, envelopes, and business cards
Forms and internal documents
Wallpapers and wrapping papers
Greeting cards, calendars, and posters
Post cards, self-mailers, and booklets
Technical documents, including manuals and guides
The global liquid waterborne printing inks market in the promotion and others segment consumed 35.65 kilotons in 2014 and is expected to consume 40.00 kilotons by 2019, growing at a CAGR of 2.33%.
The global liquid waterborne printing inks market in the promotion and others segment is likely to witness slow growth during the forecast period. “A wide range of liquid waterborne printing inks for various substrates for use in the promotion and others segment are available in the market, and vendors are expected to increase their spending on R&D to introduce new products to cater to the rising demand,” says Chandrakumar.
The top vendors highlighted by Technavio’s research analysts in this report are:
Sun Chemical Corporation
Toyo Ink SC
Browse Related Reports:
Global Printers Market 2015-2019
Global Mobile Printing Market 2015-2019
Global Inkjet Packaging and Labeling Market 2015-2019
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Source : businesswire.com