The Inkjet Ink Market in 2023

The inkjet printing market continues to be the fastest growth area in printing, with advancements being made in numerous markets. Two of the fastest growing fields are the digital packaging and textile segments, which will be the focus on their own reports in Ink World’s July and October 2023 issues, respectively. There is also plenty of growth in a wide range of markets, including wide format and industrial inkjet printing.

Nikhil Pampatwar, head - research & intelligence with Verified Market Research (VMR), predicts the digital printing market will grow at a CAGR of 6% from 2023-2030. The market size in 2021 was $8,550 million and is projected to reach $13,651 million by 2030.

“Experts predict that digital printing will continue to move from commercial printing to publishing and packaging, becoming faster and designed to handle more types of printing in the future,” Pampatwar noted. “The market for digital printing is expanding at an increasingly rapid rate, and both the equipment and the colors are continually enhancing their capabilitie