The demand for eco-friendly inks in China is expected to develop at a CAGR of 6.2%, with the market share of 43.5% by 2032. The United States Eco-friendly Inks Market is predicted to dominate the market with a share of 19.4% during the forecast period

NEWARK, Del, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The eco-friendly inks market is predicted to be worth US$ 4.55 billion in 2023, and rise to US$ 7.5 billion by 2032. Demand is expected to increase at a CAGR of 5.8% during the projected period.

The key drivers of market growth are rising environmental concerns in the printing industry. As a result, there is a significant market for green printing technologies like digital printing, 3D printing, and UV printing.

As water-based inks are being used more frequently, the sector is predicted to grow. Periodicals, labels, and packaging are just a few examples of the many uses for water-based inks, which are also free of toxic chemicals.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7971

Governments globally are establishing stringent regulations to decrease the harmful impacts of ink manufacturing and consumption on the environment. Businesses looking for ways to follow these regulations have increased the demand for eco-friendly inks.

In response to the increased sales of eco-friendly inks, several businesses are investing in research and development projects to develop new goods. The need for organic inks is expected to increase as a new trend. Many different applications, including consumer goods, use inks made of organic ingredients like soybeans. 

 Key Takeaways 

• By 2032, the United States is likely to dominate the eco-friendly inks market, with a share of 19.4%. 
• The demand for eco-friendly inks increased at a 3.5% CAGR between 2018 and 2022, citing FMI's study. 
• The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 4.4% by 2032. The market is likely to generate a share of US$ 169.9 million by 2032. 
• Japan's eco-friendly inks market is expected to grow with a share of 35.8%, and a CAGR of 6.7% by 2032. 
• Between 2023 and 2032, the eco-friendly inks market is likely to increase in India at 7.8% CAGR, respectively. 
• The expansion in China is anticipated to expand at an adequate CAGR of 6.2% by 2032. The market is expected to generate a share of US$ 835.8 million by 2032. 
• Germany's market is expected to reach US$ 178.9 million, and a CAGR of 3% by 2032. 
• With sustainability in mind, the market growth rate is expected to be around 1.8x by 2032.  

Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-7971

Competitors Utilizing Their Potential for Improved Market Share

Green printing strategies have been adopted by manufacturers as a result of growing environmental concerns. The initial expansion of the eco-friendly inks market is also being driven by the rising demand for water-based and UV-curable inks. 

Eco-friendly Inks producers now generate inks that are more effective and affordable due to the development of new eco-friendly ink compositions. The market is expanding as a result of the rising demand for digital printing and an increase in the number of businesses providing green printing services.

Kao Collins Corporation, Sun Chemical, Living Ink Technologies, Siegwerk Druckfarben AG & Co. KGaA, INX International Ink Co., Wikoff Color corporation, STS Inks, Flint Group, EPTANOVA, Kwang Myung Ink Co. Ltd, Gans Ink & Supply, Toyo Ink India Private Limited, Huber Group, Marabu Printing Inks, Magna Colours Ltd. are some of the major players in the global eco-friendly inks market.

Latest Developments 

• For $48 million in July 2021, Magna Colors teamed up with Avient Corporation, a major supplier of specialized and environmentally friendly material solutions. 
• Energy-efficient printing inks with a low carbon footprint presented by Marabu, an ink manufacturer, at glasstec 2022 in July 2022. The business also displays inks for the glass industry's use in screen printing, digital printing, and pad printing. 
• At Printpack India 2022 in May, Huber Group Print Solutions presented its sustainable folding carton portfolio. 
  

Key segments

By Color:

• Four Color
• Monochrome Printing

By Origin of Bio Pigments:

• Flint Ink
• Algae Inks
• Animal Origin
• Vegetable-based Ink

By Type:

• Gums
• Resins
• Waxes
• Solvent-based
• Water-based
• Oil-based

By Printing:

• Flexography
• Lithography
• Gravure
• Offset
• Screen Printing
• Digital

By Packaging:

• Food & Beverage
• Pharmaceutical & Medical Devices
• Consumer Goods
• Others

View Full Report @ https://www.futuremarketinsights.com/reports/eco-friendly-inks-market

Table of Content 

1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview
2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations

3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation/Development Trends
4. Key Success Factors
4.1. Product Adoption/Usage Analysis
4.2. Product USPs/Features
4.3. Strategic Promotional Strategies

Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7971

About the Packaging Division at Future Market Insights 
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. 

With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help 

Explore Research Related Reports of Packaging:     

Light-Changing Packaging Inks Market Size: Light-Changing Packaging Inks Market: Global Industry Analysis and Opportunity Assessment 2022-2032

Inkjet Printers Market Share: Inkjet Printers Market By Printer Type, Technology Type, Substrate, End-use Industry & Region | Forecast 2022 to 2028
Europe Pet Food Packaging Market Trends: Europe Pet Food Packaging Market by Material, Product Type, End Use, Food Type & Region | Forecast 2023 to 2033

Corrugated Board Market Analysis: Corrugated Board Market By Flute Type, Board Type, End Use & Region | Forecast 2023 to 2033

Europe Molded Fiber Pulp Packaging Market Outlook: Europe Molded Fiber Pulp Packaging Market by Molded Pulp Type, Product Type, Application, End Use & Region | Forecast 2023 to 2033

About Future Market Insights Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. 

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
Tel: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.