Water Based Inks Market: By Process, By Resin Type, By Application and by Geography  

Water Based Inks Market Size, Share, Growth, Trends, and Global Industry Analysis: By Process (Flexographic, Gravure, and Others), By Resin Type (Shellac, Maleic, Acrylic, and Others), By Application (Corrugated cardboards, Flexible packaging, Folding cartons, Tags & Labels, and Others) and by Region  

water based inks market size valued US$ 10.06 billion in 2022 and is expected to reach US$ 12.14 million by 2029, at a CAGR of 4% from 2023-2029. Growing demand for printing inks from the flexible packaging, increase in environment & safety issues, rising demand for environment-friendly inks and continuous product innovation such as the development of pH stable inks are some key factors fostering the market growth. However, factors such as inability to work around alkaline environment, slow drying and printing speed are hindering the market growth.  This report studies global water based inks market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global water based inks market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global water based inks market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product opportunities).  The packaging is the calling card of a product. Its the first visual and tactile impression the prospective purchaser gains in the shop. Food packaging is an immensely important segment in the packaging sector because it addresses both people's basic needs and quality-of-life issues. It provides the consumer with a range of information that can be of crucial importance to their health the degree of freshness and ripeness, colour, shelf life, ingredients and nutritional values. Water based inks have been of more and more interest to the printing and ink industry, because of their environmental benefits. Compared with solvent-based inks, water-based inks have more complex formulations because of their higher surface tensions, lower drying speed, foaming problems, pH balance, and different rheological properties.

Global Water Based Inks Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Water Based Inks Market Dynamics

The drying time for water based inks is one of the main disadvantages compared to solvent based inks. Water-based ink dries too slow, poor drying which will lead to print, ink keep on with the guide roller on paper, print dull and in addition impact the trapping effect, leading to print quality. Hence, slow drying and printing speed hampers the market growth. Governments and global organizations are taking increasingly strict measures in response to the growing demand for more sustainable products and the need to balance environmental concerns with economic and social interests. In today’s packaging industry, these trends into significant drivers for growth opportunities.

Global Water Based Inks Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 10.06 billion

Market Size in 2029

US$ 12.14 million

Market CAGR

4%

By Process

  • Flexographic
  • Gravure
  • Others

By Resin Type

  • Shellac
  • Maleic
  • Acrylic
  • Others

By Application

  • Corrugated cardboards
  • Flexible packaging
  • Folding cartons
  • Tags & Labels
  • Others

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The water-based inks market size was valued at US$ 10.06 billion in 2022

The water-based inks market's key players are: DIC Corporation (Japan) Dow Corning Corporation (U.S) Evonik Industries AG (Germany) Flint Group (Luxembourg) Huber Group (Germany) Sakata Inx (Japan) Siegwerk Druckfarben AG & Co. KGaA (Germany) T&K Toka (Japan) The Sherwin-Williams Company Toyo Ink S.C. Holdings (Japan)

The water-based inks market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

 

  1. Executive Summary
  2. Global Water Based Inks Market Introduction
    • Global Water Based Inks Market Taxonomy
    • Global Water Based Inks Market Definitions
      • Process
      • Resin Type
      • Application
  1. Global Water Based Inks Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Water Based Inks Market Dynamic Factors - Impact Analysis
    • Global Water Based Inks Market Competition Landscape
  2. Global Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Water Based Inks Market, By Process, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
    • Flexographic
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gravure
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Water Based Inks Market, By Resin Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Shellac
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Maleic
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Acrylic
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Water Based Inks Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Corrugated cardboards
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Flexible packaging
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Folding cartons
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Tags & Labels
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Water Based Inks Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Region, 2023 - 2029
  2. North America Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Process Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Flexographic
      • Gravure
      • Others
    • Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Shellac
      • Maleic
      • Acrylic
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Corrugated cardboards
      • Flexible packaging
      • Folding cartons
      • Tags & Labels
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Country, 2023 - 2029
    • North America Water Based Inks Market Dynamics Trends
  3. Europe Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Process Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Flexographic
      • Gravure
      • Others
    • Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Shellac
      • Maleic
      • Acrylic
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Corrugated cardboards
      • Flexible packaging
      • Folding cartons
      • Tags & Labels
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Country, 2023 - 2029
    • Europe Water Based Inks Market Dynamics Trends
  4. Asia-Pacific Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Process Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Flexographic
      • Gravure
      • Others
    • Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Shellac
      • Maleic
      • Acrylic
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Corrugated cardboards
      • Flexible packaging
      • Folding cartons
      • Tags & Labels
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Country, 2023 - 2029
    • Asia-Pacific Water Based Inks Market Dynamics Trends
  5. Latin America Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Process Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Flexographic
      • Gravure
      • Others
    • Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Shellac
      • Maleic
      • Acrylic
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Corrugated cardboards
      • Flexible packaging
      • Folding cartons
      • Tags & Labels
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Country, 2023 - 2029
    • Latin America Water Based Inks Market Dynamics Trends
  6. Middle East and Africa Water Based Inks Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)
    • Process Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Flexographic
      • Gravure
      • Others
    • Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Shellac
      • Maleic
      • Acrylic
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Corrugated cardboards
      • Flexible packaging
      • Folding cartons
      • Tags & Labels
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Water Based Inks Market - Opportunity Analysis Index, By Process, Resin Type, Application and Country, 2023 - 2029
    • MEA Water Based Inks Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Process & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • DIC Corporation (Japan)
      • Dow Corning Corporation (U.S)
      • Evonik Industries AG (Germany)
      • Flint Group (Luxembourg)
      • Huber Group (Germany)
      • Sakata Inx (Japan)
      • Siegwerk Druckfarben AG & Co. KGaA (Germany)
      • T&K Toka (Japan)
      • The Sherwin-Williams Company
      • Toyo Ink S.C. Holdings (Japan)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Key Market Players

  • DIC Corporation (Japan)
  • Dow Corning Corporation (U.S)
  • Evonik Industries AG (Germany)
  • Flint Group (Luxembourg)
  • Huber Group (Germany)
  • Sakata Inx (Japan)
  • Siegwerk Druckfarben AG & Co. KGaA (Germany)
  • T&K Toka (Japan)
  • The Sherwin-Williams Company
  • Toyo Ink S.C. Holdings (Japan)

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