Ink Manufacturing in the US
The transition to digital media has had serious implications for the Ink Manufacturing industry, which primarily engages in the production of printing inks and ink cartridges. Demand for newspaper, magazine and book publishing has suffered and print advertising expenditure has contracted, consequently damaging industry demand. Over the past five years, many operators have made internal changes to focus on more-profitable ink product segments. These restructuring efforts have required significant capital outlay from operators, pressuring those without the resources to adapt. Over the five years to 2023, demand for ink products will slightly rebound due to growth in the nonimpact digital and gravure ink product segments, used for inkjet printers and packaging and labeling, respectively. Increases in corporate profit and per capita disposable income will spur consumers to spend more on office supplies, such as printers, in addition to discretionary mass-produced goods.
Companies in this industry manufacture inkjet cartridges and printing and inkjet inks, including lithographic, flexographic, gravure and letterpress inks. These products are sold to commercial printers, newspaper and magazine printers, office supplies wholesalers and screen printers. This industry does not include operators that manufacture writing, drawing and stamping ink or toner cartridges for photocopiers, fax machines and computer printers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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