Waterborne Ink Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

1. Waterborne Ink Market 2016 Industry Demand, Segment,
Statistics Report 2024
Report Description
Several factors are currently pushing the global waterborne ink market ahead
in terms of growth in demand as well as production volumes. One of the
leading drivers for the market is the increasing stringency of government
regulations pertaining to protective environmental regulations. Waterborne

2. inks are low in VOC content and are therefore considered a superior product
to conventional printing inks. Growing demand for printing inks from the
packaging industry is also another leading driver for the global waterborne ink
market, along with a rise in the flexographic printing. However, the global
waterborne ink market is currently being restricted by the growing demand for
UV-cured inks, a direct competitor. The overall effect of reduced demand for
printing inks due to the growing use of e-books and digital media is also
heavily affecting the global waterborne ink market’s demand growth.
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The global waterborne ink market was valued at US$2.3 bn in 2015. After
expanding at a CAGR of 6.5% within a forecast period from 2016 to 2024, the
market’s revenue is projected to reach US$ 4.1 bn in 2024.

3. Demand from Packaging Industry to Propel Global Waterborne Ink
Market
Packaging was the leading application segment of the waterborne ink market
for 2015. A growth in demand for flexible packaging in the food and
beverages industry is currently a prime factor of growth for the global
waterborne ink market. Waterborne ink printing allows for low weight and
improved aesthetics in packaging and is expected to boost the demand for it in
the coming years. Publication majorly comprises printing of texts or any
visual content on traditional medium of information dispersion such as books,
newspaper, magazines, and public domain catalogs.
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4. Flyers and brochures - used in commercial printing as a mode of
advertisement – are mostly circulated as newspaper inserts and handouts for
publicity in a small region. The flyers and brochures segment is also expected
to offer growth opportunities over the coming years. Additionally, the
packaging industry has also been expanding consistently and is projected to
continue doing so during the forecast period, driven by its recently hiked use
in marketing packaged foods. This, in turn, is likely to boost the global
waterborne ink market for the foreseeable future.
North America Leads in Waterborne Inks Consumption
North America took the top share in the global waterborne ink market for
2015, in terms of volume consumed, and is expected to continue leading the
market till 2024, followed by Europe and Asia Pacific. The packaging
industries of India, China, and ASEAN countries are expected to be the key

5. forces augmenting the global waterborne ink market over the coming years.
North America and Europe are still likely to hold top share in the global
waterborne ink market’s demand volume, despite their relatively sluggish
economic growth. Rising environmental concerns are a key factor for the
proliferation of waterborne inks in developed economies and have encouraged
several nations to take up sustainable and eco-friendly printing solutions. The
MEA region is expected to remain steady in its demand for waterborne ink
over the forecast period, attributed to a consistent growth rate in its packing
sector.
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ink-market

6. Major manufacturers operating in the waterborne ink market for 2015,
included Flint Group, Sun Chemical Corporation, Toyo Ink SC Holdings Co.,
Ltd., Siegwerk Druckfarben AG & Co. KGaA, and Huber Group.
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