US Specialty Printing Consumables Market to Reach US$19.4 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.

Share Article

Specialty printing inks pose a bundle of new opportunities for the US producers of these technically advanced products. The potent areas for exploration include lighting and display, printed electronic solutions, advanced intelligent packaging, brand protection, and supply chain management. These inks are also finding new applications in advanced markets such as in decorative finishes, and in the glass/decorating industry.

US Specialty Printing Consumables market is forecast to maintain a CAGR of 5.86% over the 2000-2010 period to reach US$19.4 billion by 2010. Inks and Toners dominate the US market for Specialty Printing Consumables, with a share estimated at 74.5% in 2007, while Specialty Substrates is projected to emerge as the fastest growing segment, with a CAGR of 9.7% over 2000-2010.

Although the market potential for these specialized products is increasing, the printing industry as a whole is facing several critical issues. The waning number of publishing and printing institutions due to proliferation of Internet could pin down the profits within specialty consumables. Moreover, continued effort from consumers to reduce consumable expenses is creating an incompatible environment to increase the prices of consumables.

Specialty printing consumables are affected positively by incredible growth in the US computer, printing and graphics industries. The nature of consumables is changing with the up gradation of printers, photography systems and also due to arrival of latest techniques including laser printers. The new age laser and color inkjet printers require compatible printing consumables. Increased use of color printers in various printing applications is resulting in burgeoning demand for specialty printing products including color pigments, specialty substrates, colorants and adhesives for specialized applications.

While these act as growth drivers, much of the market revenue increases is resulting from sale of toner cartridges that are quite expensive compared to ordinary digital inks. Toner cartridges find greater application in laser printers, which is experiencing a widening installation base in the home, office, and other consumer markets.

The market for specialty toners is witnessing better gains in terms of growth compared to its traditional counterpart, specialty inks market. This is entirely the result of wider usage of laser printers in the commercial market along with enormous consumption of color toners that are high-end products. Meanwhile, the market for specialty inks will continue to grow on its edge in providing various ink types that help unique product differentiation. Their role in perfecting the security of important documents and related records will help maintain its reasonable rate of growth over the decade.

Metallic inks are gaining recognition as an incredible ingredient in packaging cartons, decorative applications, greeting cards, and gift-wraps. They are exploring new dimensions of packaging by transforming the very way brochures are printed or cosmetics are packaged The US graphic designing industry has become more receptive to new imaginations and ideas followed by arrival of innovative substrates compatible with metallic inks, such as textiles, synthetic paper and a range of plastics. Pigment manufacturers also recognized the opportunities and innovated new products. A case in point is MetalFX that enables simultaneous creation of hundreds of metallic color shades on a five-color press, which became instantly popular with designers and printers.

Major companies covered include Central Ink Corporation, Color Resolutions International LLC, The Dow Chemical Company, DuPont Performance Coatings, Environmental Inks and Coatings Corporation, Ink Systems, Inc., INX International Ink Co, Hostmann-Steinberg Inc, Nazdar, Sensient Technologies Corporation, Fujifilm Sericol U.S.A., Inc., Sun Chemical Corporation, Superior Printing Ink Co., Inc., Toyo Ink America LLC and Wikoff Color Corp.

Segments analyzed in the study include Inks and Toners, Specialty Substrate, and Specialty Chemicals.

For more details about this research report, please visit http://www.strategyr.com/Specialty_Printing_Consumables_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website