PUBLISHER: The Business Research Company | PRODUCT CODE: 1692009
PUBLISHER: The Business Research Company | PRODUCT CODE: 1692009
Latex ink is a water-based ink containing pigments commonly employed in inkjet printers, particularly for large-format printing applications such as signage, banners, and posters. It is esteemed for its ability to generate high-quality images, durability against scratches, and resistance to fading and weathering, making it suitable for both indoor and outdoor applications.
The primary types of latex ink include water-based latex ink and solvent-based latex ink. Water-based latex ink is utilized in digital printing processes, especially in wide-format printing for applications such as textiles, signage, and interior decoration. It can be applied to various substrates including paper, fabrics, vinyl, plastic, metal, among others. Technologies such as inkjet printing and screen printing are employed across various applications including printing, signage, decorative printing, labels, packaging, and more.
The latex ink market research report is one of a series of new reports from The Business Research Company that provides latex ink market statistics, including latex ink industry global market size, regional shares, competitors with a latex ink market share, detailed latex ink market segments, market trends and opportunities, and any further data you may need to thrive in the latex ink industry. This latex ink market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The latex ink market size has grown strongly in recent years. It will grow from $19.54 billion in 2024 to $20.64 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to environmental regulations, demand for high-quality prints, expansion of digital printing, demand for wide-format printing, rise of digital printing.
The latex ink market size is expected to see strong growth in the next few years. It will grow to $25.33 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to digital transformation, e-commerce growth, expansion of the textile industry, rise of textile printing, demand for high-performance applications. Major trends in the forecast period include inkjet technology advancements, augmented reality integration, smart packaging solutions, integration with industry 4.0, enhanced durability.
The growing packaging industry is expected to drive the expansion of the latex ink market in the coming years. The packaging industry involves the design, production, and distribution of materials used to contain, protect, and present products. This industry is experiencing growth due to factors such as increased consumer demand, the rise of e-commerce, urbanization, changing demographics, and the need for brand differentiation and marketing. Latex ink plays a crucial role in meeting the diverse requirements of the packaging sector while ensuring high-quality printing results and regulatory compliance. For example, in December 2023, OEM Magazine, a US-based industrial manufacturing publication, reported that the food sector led packaging machinery shipments in 2022, accounting for 43% of the total and generating a shipment value of approximately $4.3 billion, with projections suggesting it will reach nearly $5.6 billion by 2027. As a result, the growth of the packaging industry is driving the demand for latex ink.
Leading players in the latex ink market are concentrating their efforts on the development of innovative technological solutions, exemplified by products such as the HP Latex 630 printer series. These advancements aim to deliver superior-quality, long-lasting prints to meet the escalating demand within the industry. A latex printer, utilizing latex-based ink formulations, facilitates printing on a diverse array of substrates, including paper, vinyl, and fabric. For instance, in September 2023, Hewlett-Packard Development Company LP unveiled the HP Latex 630 printer series, which extends its Latex range and introduces white ink technology to Print Service Providers (PSPs) of varying scales. This series empowers users to create impactful signage and decor projects, boasting vibrant colors and impeccable image quality, thus enhancing the allure of campaigns for end consumers. Furthermore, it offers features such as lower curing temperatures, expanded color space, anti-scratch cartridges, automatic maintenance, and user-replaceable printheads, presenting a cost-effective and efficient solution for businesses seeking to penetrate new markets and expand their clientele base.
In September 2023, Durst Group completed the acquisition of Aleph SrL for an undisclosed sum, signaling its commitment to fortifying its product portfolio and bolstering its presence in sustainable digital printing technologies, particularly in water-based solutions for textiles and interior and exterior decorations. Aleph SrL, an Italy-based manufacturer renowned for its advanced direct-to-fabric and direct-to-paper inkjet printers and inks, is set to complement Durst Group's offerings, further solidifying its position in the market.
Major companies operating in the latex ink market are Hewlett-Packard Development Company LP, Canon Inc., Fujifilm Holdings Corporation, Ricoh, DuPont de Nemours Inc., Seiko Epson Corporation, Dover Corporation, Xerox Corporation, Sun Chemical Corporation, Agfa-Gevaert N.V., Sensient Technologies Corporation, INX International Ink Co, Mimaki Engineering Co Ltd., Roland DG Corporation, Nazdar Company, Kornit Digital Ltd., Electronics For Imaging Inc., Durst Group, SAATI S.p.A., M&R Companies, Mutoh Industries Ltd., Marabu GmbH & Co. KG, Caldera Graphics, Sawgrass Technologies Inc., Bordeaux Digital PrintInk Ltd., Colorjet Group, Inktec Co Ltd
North America was the largest region in the latex ink market in 2024. The regions covered in the latex ink market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the latex ink market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The latex ink market consists of sales of UV-curable latex ink, eco-solvent latex ink, thermal latex ink, dye-based latex ink, latex resin ink, and flexible latex ink. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Latex Ink Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on latex ink market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for latex ink ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The latex ink market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.