KEY FINDINGS
The United States digital ink market growth is projected to evolve at a CAGR of 5.68% in terms of volume and 6.91% in terms of revenue during the forecast period, 2021-2025. The technologically advanced promotions & advertisement, industrial printing, and the book industry, are set to drive the US market growth.
MARKET INSIGHTS
Despite the book industry facing challenges from the increased popularity of digital media, books continue to remain an integral part of the daily lives of consumers.The print book sales have shown steady progress in the last five years, amounting to almost 650 million per year.
The print format is also the popular book format among US consumers.The book industry is dependent on consumer spending.
The average spending in 2019 was over 90 dollars.It marked the first year since 2010 to record spending below 100 dollars.
Reading is a treasured pleasure for US book lovers. However, the Coronavirus is set to impact the spending even further, since the consumers will most likely prioritize other purchases. However, the book market is expected to bounce back, given its ability to adapt and resilience.
COMPETITIVE INSIGHTS
Some of the key players in the market include, Nazdar Ink Technologies, Wikoff Color Corporation, Agfa-Gevaert NV (AGFA), Dover Corporation, Redgaint Inc (InkranG), etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned
1. DOVER CORPORATION
2. NAZDAR INK TECHNOLOGIES
3. WIKOFF COLOR CORPORATION
4. AGFA-GEVAERT NV (AGFA)
5. REDGAINT INC (INKRANG)