artience Co., Ltd.
Ink Business Briefing
Toyo Ink is advancing its ink business growth stage driven by environmental initiatives and strategically investing in growth markets domestically and internationally. The packaging ink market is steadily expanding, aiming for a 30% increase in operating income by 2030.
Key Figures
- The packaging ink market is steadily expanding, aiming for a 30% increase in operating income by 2030
- No. 1 market share in the domestic gravure ink market (No. 1 share in laminate inks and packaging adhesives)
- Production capacity in overseas priority areas is planned to expand 1.5 to 1.7 times by 2025
AI要約
Growth Strategy of the Ink Business
Toyo Ink is driving its ink business to a further growth stage fueled by environmental responsiveness. Strategic investments are being made toward growth markets both domestically and overseas, particularly targeting the expansion of the packaging ink market. Packaging inks demonstrate resilience against economic downturns with stable demand and are projected to expand in line with population growth and economic development in emerging countries. The company aims to increase operating income by 30% by 2030.
Technological Strengths and Market Share
Leveraging the Artience Group’s technical capabilities, Toyo Ink actively develops environmentally friendly products by utilizing dispersion technology, polymer resin synthesis, and pigment synthesis technologies. It holds the No. 1 market share in the domestic gravure ink market and has been quick to introduce products that contribute to reducing environmental impact such as biomass inks and water-based inks. Overseas, the company is expanding production capacity through capital investments focused on priority regions such as India, Turkey, China, Africa, and ASEAN.
Product Features and Applications
Packaging inks are classified into liquid inks (gravure inks, flexo inks) and printing/information inks (offset inks, UV inks, metallic inks, etc.). Environmentally friendly UV inks are characterized by rapid curing, solvent-free formulas, and high durability, making them suitable for printing on paper and plastics. In the commercial printing and information publishing sectors, where ink consumption is high, market replacement from oil-based inks has progressed, with the company maintaining the No. 1 share.
