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Market Study Report Add New 2018-2026 Global Packaging Printing Inks Market Report to its research database presenting an informative study covering the market with detailed analysis. The Packaging Printing Inks market research report is a professional and in-depth study on the current state of global Industry.
The global packaging printing ink market is anticipated to reach USD 13.45 billion by 2026 according to a new study. Packaging printing inks market is driven by the tremendous growth of the global packaging industry. These printing inks are used on different packaging materials such as paper, plastics, metal, rubber, and others. Packaging printing inks also cater to the demand of large end-use industries for packaging such as food & beverage, pharmaceuticals, and industrial packaging.
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Packaging printing ink market is subjected to regulatory framework and policies as some of the ink formulations are known to have harmful impact. Food and pharmaceutical packaging are the most affected end-use segments if the ink formulation contains volatile organic compound or is a solvent-based ink. International agencies such as EPA, REACH, and Food and Agricultural Organization (FAO) have initiated and implemented different policies for the use of water-based or safe packaging printing inks.
The growth of the packaging industry is mainly led by numerous trends in different end-use sectors. Such as flexible packaging in food & beverage industry that is available for consumers with greater choice in pack sizes for portion control in snacks & confectioner segments of the food & beverage industry. Health-led consumption trends concerning bottle packaging is instrumental to gains in tandem with the consumer demand for safe packaging materials.
The global packaging printing ink market has also witnessed growth prospects on account of continuous technological developments. High color strength water-based flexo, 100% VOC free EB flexo, improved UV blocking packaging inks, and nanographic printing technology are among some of the recent developments in the field. Advancements in resin materials such as use of plant-derived resins in the formulation of these inks is also a significant contributing factor towards higher growth.
Packaging printing ink market is subjected to regulatory framework and policies as some of the ink formulations are known to have harmful impact. Food and pharmaceutical packaging are the most affected end-use segments if the ink formulation contains volatile organic compound or is a solvent-based ink. International agencies such as EPA, REACH, and Food and Agricultural Organization (FAO) have initiated and implemented different policies for the use of water-based or safe packaging printing inks.
The global packaging printing ink market comprises of large multinational and domestic companies. Some of the key packaging printing ink market players include PPG Industries, Inc., AkzoNobel NV, Flint Group, Valspar Corporation, Sun Chemical Corporation, Siegwerk Druckfarben AG & Co., ALTANA, Sakata, Toyo Ink, Nippon Paints, Arkema, and ColorMatrix.
Report has segmented the global Packaging Printing Inks market on the basis of Substrate, Printing Process, End-Use Type and region:
Packaging printing inks Market Size, by Substrate
· Paper
· Metal
· Plastic
· Others
Packaging Printing Ink Market Share, by Printing Process
· Flexographic
· Gravure
· Lithographic
· Digital
· Others
Packaging Printing Ink Market Growth, by End-Use Type
· Food & Beverage
· Cosmetics
· Pharmaceuticals
· Industrial
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