Digital Fabrication Inkjet Inks Market size was valued at USD 6.2 Billion in 2023 and is anticipated to reach USD 15.2 Billion by the end of 2036, registering around 7.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital fabrication inkjet inks is evaluated at USD 9.8 Billion.
The reason behind the growth is the rising adoption of 3D printing technology. According to International Economics released in the year 2021, globally, a lot of applications have been started to make use of 3D printing technology. A few uses for 3D printing technology are in the medical field, where it may aid in the creation of customized medical equipment.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
7.9% |
Base Year Market Size (2023) |
USD 6.2 billion |
Forecast Year Market Size (2036) |
USD 15.2 billion |
Regional Scope |
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Type (Digital Fabrication of Inkjet Ink by Dye, Digital Fabrication of Inkjet Ink by Pigment)
Digital fabrication of inkjet ink by dye segment is poised to dominate around 70% digital fabrication inkjet inks market share by the end of 2036. The wide spectrum of implementation digital fabrication of inkjet ink by the dye in different industries globally will help this segment to have a massive revenue share by the end of 2036.
According to the Digital Textile Printing journal released in 2023, the succeeding wave of expansion in the printing sector is propelled by new developments and the growing popularity of digital technology solutions that improve print quality, speed, and efficiency.
Material (Paper, Textile, Plastics)
By the end of 2036, plastics segment is estimated to capture around 45% digital fabrication inkjet inks market share and will increase massively. The rising use of plastic materials globally and the increasing use of inkjet inks in the printing of plastic materials will highly drive market expansion.
According to the Organization for Economic Cooperation and Development (OECD) -Library published in 2019, based on the Baseline scenario, economic development would be the primary driver of the predicted treble increase in worldwide plastics consumption between 2019 and 2060, from 460 million tonnes (Mt) to 321 Mt.
End-User (Advertising, Textile, Packaging, Ceramics)
In digital fabrication inkjet inks market, packaging segment is poised to account for more than 46% revenue share by the end of 2036. The growth of this segment will be noticed due to the quick expansion of the packaging industry and the rising use of inkjet inks in this industry.
In fact, more and more purchases are being made online by customers. As per a survey done by Research Nester in 2023, the demand for packaging ingredients particularly corrugated board designs will be hiked by 2028. This huge demand for packaging boards along with inkjet inks will be noticed because of the safer shipment of the products through more intricate distribution routes.
Our in-depth analysis of the global digital fabrication inkjet inks market includes the following segments:
Type |
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Material |
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Application |
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Ink Type |
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End-User |
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North American Market Statistics
North American in digital fabrication inkjet inks market is set to account for more than 39% revenue share by the end of 2036. Moreover, the digital fabrication inkjet ink industry will increase immensely from 2023 to 2036 and will reach around USD 1.8 billion.
This growth will be noticed mainly due to the rising research and development in 3D printing technology. As per the National Library of Medicine published in June 2023, the uses of 3D printing technology have increased exponentially in recent times due to the promise of new materials in North America. In fact, the U.S. 3D printing is expanding enormously.
The digital fabrication inkjet inks market has expanded in the U.S. as a result of an increasing inclination towards customizable gifts in this country. According to the November 2023 Survey, around 80% of buyers in the U.S. think that presents with personalization are more considerate than those without and these customized gifts require digital fabrication inkjet inks.
The Canadian digital fabrication inkjet ink sector will grow mainly due to the rising demand for flexible and high-quality printing solutions. For instance, Vera Inkjet, a Montreal, Canada-based digital inkjet printing inks and dispersions company launched its new line of inks specially curated for the R2R textile industry in the year 2023.
APAC Market Analysis
The Asia Pacific region will encounter massive growth in the sector of the digital fabrication inkjet inks market during the anticipated period.
The powerful economic expansion in the countries of Asia Pacific such as South Korea, China, etc. will drive the market expansion of the digital fabrication inkjet inks. According to the World Bank (2023), excluding China, the growth rate in developing East Asia and the Pacific increased to 4.6 % this year from 4.4 % in 2023.
Digital fabrication inkjet inks are especially in actual demand in China, driven by the rising demand for digital printing. In the past 10 years i.e. 2014–2024, the average print run of published books has become 18,000; 3,000 volumes in China.
In Japan, digital fabrication inkjet inks market will encounter massive growth because of the presence of the important key players in this region. In order to illustrate, FujiFilm Sericol International, a Japan-based company has displayed its different technologies ranging from analog to digital; toner to inkjet; and printheads, inks, and software in March 2024.
South Korea’s huge expansion in the textile industry will help to grow the digital fabrication inkjet ink sector in this country. In South Korea, the textile sector was essential to the early industrialization of the nation. As of right now, growth has been consistent, and in 2021, exports reached USD 14.32 billion.
The abundance of regional and local merchants is what defines the digital fabrication inkjet inks market. Every competitor in the industry is vying for the largest possible market share, making it a very competitive environment. The need for digital ink is rising globally, which is driving up sales of digital fabrication inkjet inks. Some major participants in the industry are:
Author Credits: Rajrani Baghel
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