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Digital fabrication inkjet inks market from the packaging application segment is set to generate substantial revenue between 2023 and 2032. Inkjet inks specifically formulated for packaging applications enable precise printing on various packaging materials, including cartons, labels, and flexible packaging. The ability to create intricate designs and personalized packaging enhances brand identity and consumer engagement. Moreover, the rising focus of the packaging sector on sustainable and eco-friendly solutions to offer more environmentally friendly options will contribute to the segment expansion.
The plastics segment held 45% share of the digital fabrication inkjet inks market in 2022 and is expected to gain notable traction through 2032. Inkjet inks tailored for printing with plastic materials play a crucial role in achieving high-resolution prints with excellent adhesion and color vibrancy. The widespread usage of plastic materials in 3D printing can be attributed to their versatility, affordability, and ability to create complex geometries. Moreover, the increasing adoption of 3D printing technology in industries, such as automotive, aerospace, consumer goods, and healthcare will fuel the demand for inkjet inks designed for plastic materials.
North America held sizable share of the digital fabrication inkjet inks market accounting for USD 1.8 billion in 2022 and is poised to expand at notable CAGR from 2023-2032. The advanced manufacturing capabilities, technological innovations, and the strong emphasis on R&D in the region have fueled the adoption of 3D printing technology. Additionally, the growing focus on sustainability and eco-friendly solutions have boosted the demand for digital fabrication inkjet inks to offer greener alternatives. The rising focus of industry players on expanding their production operations to address the growing demand will also fuel the regional market growth. For instance, in June 2022, FUJIFILM Imaging Colorants, Inc., opened two new facilities in the U.S. to produce aqueous ink inkjet dispersions.