Report Overview:
In 2022, the global printing ink market was valued at approximately USD 21.2 billion. It is projected to reach around USD 30 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% over the forecast period from 2023 to 2032.
Printing inks made from pigments or dyes mixed with carriers such as oil, water, or solvents play a vital role in packaging, commercial printing, and specialty applications. Growth is primarily driven by strong demand from packaging and labeling sectors, particularly in the food and beverage industry. Asia-Pacific leads the global market, holding approximately 38% revenue share in 2022, supported by expanding industrial activity, e-commerce, and modern packaging requirements. Meanwhile, water-based and UV-curable inks are gaining traction due to environmental regulations and consumer preferences, although traditional oil-based inks continue to hold significant market share.
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