China's digital inkjet printing market is growing steadily into an era of intelligent industrialization
The field of digital printing covers textile digital printing, office printing field, advertising images, airbrush and other applications, as well as the rapid development of industrial digital printing, such as packaging, label printing, building decoration, crafts and decorations printing and many other areas. At present, digital printing technology is more and more widely used.
In recent years, with the booming development of the digital inkjet printing market and the support from the policy, the sales volume of inkjet printing ink also maintains a continuous growth. According to statistics, from 2015 to 2019, the market size of China's digital inkjet printing market are maintained at an average annual growth rate of more than 20%. Due to the impact of the epidemic in 2020, the market size of China's inkjet printing ink was 103,500 tons, a year-on-year decline of 12.33%; in 2021, the domestic market sales of digital inkjet printing ink market has reached 123,200 tons, a year-on-year increase of 19.03%.
With China continues to accelerate the process to replace traditional printing with digital inkjet printing, the replacement rate of digital inkjet printing ink for traditional ink will continue to improve in future, which in turn will lead to the continuous growth of its market sales. It is estimated that by 2025, China's digital inkjet printing market sales are expected to grow to 275,000 tons, a broad prospect for the development of the industry.