Digital Fabrication Inkjet Inks Market Trends

Growth Drivers

• Increasing and quick expansion of the packaging industry - The contemporary era's quick rate of change is reinforced by the sharp growth in worldwide regulation of packaging waste, the dramatic transition to online shopping, and the rising worries of consumers about sustainability. Future-proofing their business models and digital fabrication inkjet inks market strategies is imperative for next-generation industry winners, who must be able to guide CEOs through this unprecedented transformation.
  
  According to estimates made by the National Library of Medicine (October 2024), the rise in global population growth would necessitate a 50% increase in food supply by 2050. The need for food packaging and flexible industrial packaging materials increases along with the demand for food. Packaging materials must be specifically designed to meet the increasing needs of producers, customers, and regulatory bodies while maintaining food quality.
• The growing market for printing technologies - Digital printing reduces costs and turnaround times because there is no need to replace the printing plate. Unlike conventional ink, which penetrates the substrate, most methods employ toner or ink to create a thin coating that may be further bound to the substrate by a fuser fluid that uses UV or thermal curing (ink or toner).
  
  According to a Stanford University Study made in 2021, AI is being used by more people these days to do a lot of things, along with dictating messages to their phones, improving their backdrops during conference calls, and providing recommendations for news, entertainment, or shopping.
• Rising demand for personalization in business - Personalization has expanded from addressing a client by name to include recommendations and content customization based on wide consumer categories or interests.
  
  Through the use of technology and data, hyper-customization raises the bar on personalization by enabling highly tailored interactions at each stage of the customer experience.

Challenges

• High cost of Digital Fabrication Inkjet Inks - The higher cost of digital fabrication inkjet inks can impede the market during the projected period. Several basic ingredients, including UV resins, pigments, and additives, are hitting higher costs because of the recent epidemic which as a result increases the cost of inkjet inks.
• Lack of variety in color gamut in inks - In order to replicate color on printing equipment, black, cyan, magenta, and yellow inks are utilized. The printer's color gamut is provided by the hue, saturation, and brightness of these inks. Because red, green, and blue (RGB) monitors have a wider color range than most printers, printed images frequently lack the vibrancy of computer screens. This can further impede the digital fabrication inkjet inks market expansion by the end of 2036.