China inkjet printer inks market report, and market forecast

According to the inkjet printer ink market research report, the global inkjet printer ink market will reach 100 million yuan (RMB) in 2022, and the Chinese inkjet printer ink market will reach 100 million yuan in 2022. The global inkjet printer ink market size is expected to reach 100 million yuan by 2028, with a CAGR of % during the forecast period.

Classified by product category, the inkjet printer ink industry can be subdivided into solvent-based, UV-curable, and water-based. It is the largest revenue category in the inkjet printer ink industry, with a market size of 100 million yuan and a market share of % in 2022. Classified by end application, inkjet printer inks are widely used in office, commercial, home, and other fields. In the past few years, the demand in the field has been the highest, and in 2022, it will occupy the largest market share of % of the inkjet printer ink industry. In addition, the market demand potential in this segment is expected to be the highest during the forecast period.

喷墨打印机油墨行业内的主流企业包含HP, Konica Minolta, Canon, MIPO, Epson, Print-Rite, Brother, Ricoh。 2022年，排行前三企业为，CR3市占率约 %。

Inkjet printing ink is a liquid ink that can be sprayed from the nozzle of an inkjet printer by electric field force and sprayed on the surface of the substrate as needed to produce an image or text. It is a very demanding specialty ink, it must be stable, non-toxic, do not clog the nozzle, good moisturizing and spraying ability, no corrosive effect on metal objects such as nozzles, not easy to burn and fade.

Industry Overview:

Impact of the COVID-19 outbreak on the development of the inkjet printer ink industry

Affected by COVID-19, offline distribution methods were limited in the first half of 2020, logistics capacity was insufficient, and the purchase volume of the commercial printer market fell sharply. Although the consumer market has strong demand for home printers, it is also facing delivery difficulties, and the slow resumption of factory work and the repeated epidemic have affected product supply.

Due to the COVID-19 epidemic, students are taking online classes at home and employees are working from home, which has detonated the home printing market in a short period of time. In order to print learning materials and homework for their children, parents have to consider buying a home printer. Although students are taking online classes at home and employees are working from home for a short time, the home printing market has been detonated. In China, the prices of low-end office printers and student printers have increased by 10 to 50 percent. The printer ink is composed of an all-in-one machine, but it does not affect the sales of inkjet inks as a combination. Affected by factors such as shutdown and home isolation, the sales of commercial equipment are extremely bleak. In the past regular years, commercial printing tended to function in small, high proportions. The surge in demand for home printers has helped to improve the overall market to some extent, but it may not be enough to compensate for the losses of MSMEs and the government. From the perspective of the proportion of sales, inkjet printer ink manufacturers are still facing challenges.

Some changes in consumer behavior may be short-lived as a result of the virus. When the crisis falls to a low level, the global resumption of work will gradually increase the sales of commercial inkjet inks, and home printers will face some adjustments. Lockdowns have shown that many companies are allowing most employees to work remotely far more times than possible. And there are signs that many will continue to embrace work-from-home policies, whether for the privilege of retaining and attracting talent, or for cost savings. Some of the offices that have reopened have also experienced Covid-19 challenges. For example, using open, side-by-side desks may be more conducive to spreading the virus, and finding it difficult for people to get on and off the elevator safely without causing congestion in the lobby area. Therefore, when more people work and study from home, there will be a continuous demand for ink and paper, and the inkjet printer ink market will have some room for growth.

Publisher: Hunan Beijiesi Information Consulting Co., Ltd

Inkjet printer ink market challenges

Government agencies around the world monitor food safety, and they must evaluate and test each food product's inks and their potential interactions. Every food is different. Different packaging, consumer storage, handling, and cooking environmental conditions all play a role in the interaction between food ingredients and packaging. If the ink is safe for human consumption and can come into direct contact with food, it is called "food grade". For the ink actually used, it must be tested before it can be considered "food safe". How food-grade inks interact with packaging substrates, the nature of the food itself, consumer usage, and various environmental factors are some of the laboratory tests that must be performed. Food-grade inks inherently reduce their environmental impact, while low-flow UV inks have fewer toxic components. This is by far the best type of ink for food packaging. EB-curable inks are more sustainable because they can be printed directly onto packaging and, unlike UV formulations, do not require a photoinitiator. While opportunities for the use of inkjet inks in food packaging continue to expand, manufacturers in the supply chain must comply with a series of time-consuming and expensive hurdles. If coatings in food packaging, such as inks, are expected to become food ingredients, the U.S. Food and Drug Administration (FDA) will establish specific regulations. Before entering the market, coatings must comply with multiple permits to ensure compliance or authorization. China is in the process of overhauling the FCM standards system, including inks and adhesives. Therefore, the tightening of regulations will be one of the challenges for the development of the inkjet ink industry.

In 2018 and 2019, accidents occurred in factories in China, resulting in an increasing shortage of certain key components of printing inks, resulting in insufficient supply and price increases. In the wake of a major incident, the availability of several important chemicals was severely restricted, including ingredients used in paints, coatings, and printing inks. This is already impacting the supply chain of coatings and printing inks, with a severe shortage of key ingredients such as preservatives for water-based coatings, photoinitiators for UV inks, and certain red and yellow pigments. In 2020, European printing ink manufacturers reported reduced supplies of ethanol and n-propanol. These are key inputs in the production of printing and packaging inks and other materials that are critical to the production of consumer packaging. The shortage of raw materials will greatly limit the production of inkjet printer inks, posing a challenge to this industry.

Key Enterprises:

The top three companies are HP, Epson, and Canon, with revenue market shares of 31.40%, 13.62%, and 11.25%, respectively, in 2019.

Hewlett-Packard is a multinational technology company headquartered in Palo Alto, California. Hewlett-Packard develops, manufactures and sells notebook computers, all-in-one computers, desktop computers, tablets, smart phones, mobile networks, scanners, printing and consumables, projectors, digital products, computer peripherals, smart TVs and service products.

Epson Corporation, commonly referred to simply as Epson, is a Japanese electronics company and one of the world's largest manufacturers of computer printers, information, and imaging-related equipment. The company mainly produces inkjet printers, laser printers, dot matrix printers, scanners and watches, desktop computers, business and home projectors, large home theater TVs, robots, industrial automation equipment, POS invoice printers and cash registers, bill computers, integrated circuits, liquid crystal display components and other related electronic equipment. The company is headquartered in Nagano Prefecture, Japan, and has several branches around the world. It is one of the three core companies of the Seiko Group.

Typology:

Among the different product types, the solventborne segment is expected to contribute the largest market share in 2028.

Application field segmentation:

By application, the business segment held the largest share from 2018 - 2022.

Regional Overview:

From 2023 to 2028, North America is expected to witness strong growth prospects.

The major players in the inkjet printer ink industry include:

Konica Minolta

Canon

MIPO

Epson

Print-Rite

Brother

Ricoh

Classification of inkjet printer inks:

Solvent-based

UV curing

Waterborne

Inkjet printer ink application field division:

office

commerce

home page

The inkjet printer ink industry research report uses a combination of pictures and texts to conduct an in-depth analysis of the global and Chinese inkjet printer ink industry market development trends from the whole to the part, from macro to micro, and predicts the development prospects of the inkjet printer ink industry from 2024 to 2030. The inkjet printer ink market research report consists of 12 chapters, which first introduces the industry definition and development characteristics, the upstream and downstream industry chain overview, and the driving and hindering factors affecting the development of the inkjet printer ink industry. Secondly, the report conducts in-depth research and analysis from the aspects of product segments, application fields, global market profiles in various regions and major countries, and competitive situation. Finally, the growth trend of the inkjet printer ink industry is predicted, the business strategy suggestions of the inkjet printer ink industry are given, and the development opportunities and entry barriers of the industry are analyzed.

The report also highlights the front-end companies that play an important role in the inkjet printer ink market, and analyzes the changes in inkjet printer ink sales, sales revenue, price, gross profit, gross margin and market share of each company. By understanding your competitors, you can understand your competitive advantage in the marketplace and help decision-makers develop differentiated business strategies.

The report analyzes the market size and growth trend of the inkjet printer ink industry in North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Northern Europe, Spain, Belgium, Poland, Russia, Turkey), Asia-Pacific region (China, Japan, Australia and New Zealand, India, ASEAN, South Korea) and the competition in major countries.

The chapters of the inkjet printer ink industry research report are summarized as follows (12 chapters in total):

Chapter 1: Introduction to inkjet printer ink industry, development cycle, market size, product structure and industrial chain;

Chapter 2: Analysis of the influencing factors and policy, economic and technological development environment of the global and Chinese inkjet printer ink industry;

Chapter 3: The impact of the epidemic on the inkjet printer ink industry, the problems existing in the development of the industry, the global and Chinese inkjet printer ink market size, market competition and industry concentration, and the import and export analysis of China's inkjet printer ink industry;

Chapters 4 & 5: These two chapters are a breakdown analysis of inkjet printer ink types and applications around the world. Chapter 4 includes an analysis of the market size and price trend of industry segments, and Chapter 5 analyzes the market characteristics, market size and share of downstream applications in the industry.

Chapters 6 and 7: These two chapters contain a subdivided analysis of the types and applications of China's inkjet printer ink industry;

Chapter 8: Global inkjet printer ink industry market analysis in key regions, including market size, competition in key countries, and sales and growth rate analysis in North America, Europe, and Asia-Pacific;

Chapter 9: Inkjet Printer Ink Industry Major Company Profiles, Products and Services, Operating Data Indicators (Sales Volume, Sales Revenue, Price, Gross Profit, Gross Margin, Market Share) and Competitiveness Analysis;

Chapter 10: 2024-2030 Global and China Inkjet Printer Ink Industry Overall Scale, Development Trends by Product Type and Application Field, and Global Key Regional Market Sales Volume and Sales Forecast;

Chapter 11: Analysis of Product Sales Strategy and Brand Management Strategy in Inkjet Printer Ink Industry;

Chapter 12: Analysis of development opportunities and entry barriers in the inkjet printer ink industry.

China inkjet printer inks market report, and market forecast

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