Key Findings
The North America digital ink market is expected to grow with a CAGR of 6.14% in terms of revenue and 4.92% in terms of volume across the forecasting years of 2021 to 2028. The market growth of the region is set to be reinforced by key propellers, such as the presence of leading consumers like the cosmetics sector and the flexible packaging industry, as well as the augmenting trend of flexible packing.
Market Insights
The North America digital ink market growth assessment includes an in-depth analysis of Canada and the United States. In Canada, the printing inks market comprises enterprises that predominantly offer commercial printing services, such as letterpress, flexographic, lithographic, digital printing, and gravure. Printers also provide screen printing on textile products, apparel, stationery, and labels. Although currency rates and costs, as well as consolidation, have impacted the business, Canada’s ink industry continues to remain vibrant.
On the other hand, like its neighbors in the United States, the Canadian printing ink market has witnessed significant changes over recent years. For instance, numerous leading international printing ink firms have commenced operations in the country, with the fundamental objective of harboring a substantial share of the ink market, estimated between $320 million to $360 million. Moreover, Canada also possesses a combination of prominent global leaders and Canada-based regional and local ink companies. As a result, these factors are set to propel the digital inks market growth in Canada during the forecast period.
Competitive Insights
Some of the main companies functional across the market are DuPont, Wikoff Color Corporation, Dover Corporation, Nazdar Ink Technologies, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments