Market Size of Eco-friendly Inks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Eco Friendly Ink Market Analysis
The global eco-friendly inks market is projected to register a CAGR of over 4% during the forecast period.
The COVID-19 pandemic had a negative effect on the world market for eco-friendly inks. Lockdowns and business closures resulted in supply chain disruption. However, the market is projected to grow steadily, owing to increased food industry activities in 2021.
- Over the short term, the growth in demand from the packaging industry and the growing concerns related to VOC emissions from conventional ink printing solutions are major factors driving the growth of the market studied.
- However, lack of exposure to low VOC inks and their advantages is a key factor anticipated to restrain the growth of the target industry over the forecast period.
- Nevertheless, increased attention toward the fashion industry and eco-friendly textile production is likely to create lucrative growth opportunities for the global market soon.
- Asia-Pacific dominated the market across the world, with the largest consumption from major countries like China, India, and other countries.
