Market Size of United States Printing Inks Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 2.75 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United States Printing Ink Market Analysis
The US printing inks market stood at around 990 kilotons in 2021, and it is expected to register a CAGR of more than 2.7% during the forecast period ( 2022-2027).
The impact of COVID-19 was negligible on the market, and the market is expected to grow at a steady rate during the forecast period.
- The major factors driving the growth of the market studied include the growing demand from the digital printing industry and rising demand from the packaging and labels sector.
- On the flip side, rising demand for digital advertisements and e-books and stringent regulations regarding disposal are expected to hinder the growth of the market studied.