Global Printing Inks / Packaging Inks Market – Industry Trends and Forecast to 2028
Global Printing Inks/Packaging Inks Market, By Technology (Solvent Based, Oil Based, Water Based, UV Curable, LED Curable, EB Curable and Others), Type (Flexo Inks, Offset Inks, Gravure Inks, Jet Inks, Metal Decorative Inks, Security Inks, and Others), Resin (Polyurethane, Acrylic, Vinyl, Polyamide, Polyketone, Nitrocellulose, and Others), Substrate (Paper and Board, Polyethylene, Aluminum, Polyvinyl Chloride, Polypropylene, Polyvinyl Acetate, Polyolefin, Cellophane, Polyester, Nylon, and Others), Application (Food Packaging, Wall Paper, Corrugated and Soil Board, Panels, Labels, Laminates, Carrier Bags, Aluminum Foils, Shrink Wrap Films, Envelopes, Paper Synthetic Films, Wrapping Paper, Heavy Duty Sacks, Deep Freeze Packaging, Hygiene Packaging, Flower Wrap and Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Netherlands, Switzerland, Russia, Turkey, Taiwan, Belgium, Rest of Europe, China, South Korea, Hong Kong, Japan, India, Australia, Singapore, Malaysia, New Zealand, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, Saudi Arabia, South Africa, U.A.E., Egypt, Israel and Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
The global printing inks/packaging inks market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.7% in the forecast period of 2021 to 2028 and is expected to reach USD 14,605.39 million by 2028. Rising demand for the packaging and labels sector is boosting the market.
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**Segments**
- Based on type, the printing inks/packaging inks market can be segmented into water-based inks, solvent-based inks, UV-cured inks, and others. Water-based inks are gaining popularity due to their environmentally friendly nature and low VOC emissions. Solvent-based inks offer fast drying times and are commonly used in high-speed printing applications. UV-cured inks are known for their quick curing capabilities, making them suitable for packaging materials that require immediate handling.
- On the basis of substrate, the market can be divided into paper, plastic, metal, and others. Each substrate type has specific requirements in terms of ink adhesion, durability, and flexibility. Plastic substrates, such as flexible packaging materials, have been witnessing increased demand, driven by the growth of the e-commerce sector and the need for convenient packaging solutions.
- Geographically, the global printing inks/packaging inks market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region dominates the market due to the presence of key market players, growing industrialization, and increasing consumer demand for packaged goods.
**Market Players**
- Some of the key players in the printing inks/packaging inks market include DIC Corporation, Flint Group, Toyo Ink SC Holdings Co., Ltd., Sakata INX, Siegwerk Druckfarben AG & Co. KGaA, Huber Group, ALTANA, Sun Chemical, T&K TOKA CO., LTD., Zeller+Gmelin GmbH & Co. KG, and Tokyo Printing Ink Mfg. Co., Ltd. These companies are actively involved in research and development activities to innovate new ink formulations that meet the evolving requirements of the printing and packaging industry.
The global printing inks/packaging inks market is witnessing steady growth, driven by factors such as increasing demand for packaged goods, technological advancements in the printing industry, and growingThe global printing inks/packaging inks market is experiencing significant growth propelled by several key factors. One of the primary drivers of this market is the escalating demand for packaged goods across various industries such as food and beverage, healthcare, cosmetics, and consumer goods. As consumer preferences evolve, the need for attractive and informative packaging solutions has surged, boosting the demand for high-quality printing inks and packaging inks. Furthermore, technological advancements in the printing industry have revolutionized the market, enabling manufacturers to produce vibrant colors, intricate designs, and efficient printing processes. This technological progress has not only enhanced the overall quality of printed materials but has also increased the efficiency and speed of printing operations, catering to the dynamic needs of the market.
Moreover, the increasing focus on sustainability and environmental consciousness has driven the adoption of eco-friendly printing inks, particularly water-based inks. These inks have gained popularity due to their minimal volatile organic compound (VOC) emissions and reduced environmental impact. As regulations become stricter regarding environmental standards, the demand for eco-friendly printing solutions is expected to rise further, propelling the growth of the printing inks/packaging inks market. Additionally, the versatility of printing inks, including solvent-based, water-based, and UV-cured options, allows for a wide range of applications across various substrates, further expanding the market reach and opportunities for manufacturers.
In terms of geographical segmentation, the Asia Pacific region stands out as a dominant force in the global printing inks/packaging inks market. The presence of key market players in countries like China, Japan, and India, coupled with the rapid industrialization and urbanization in the region, has contributed to the market's growth. The increasing consumer demand for packaged goods, driven by changing lifestyles, rising disposable incomes, and the expansion of retail channels, has created a robust market environment for printing inks and packaging inks manufacturers in the Asia Pacific region. Furthermore, the Middle East & Africa region is also witnessing substantial**Segments:**
- Global Printing Inks/Packaging Inks Market, By Technology: Solvent Based, Oil Based, Water Based, UV Curable, LED Curable, EB Curable, and Others
- Type: Flexo Inks, Offset Inks, Gravure Inks, Jet Inks, Metal Decorative Inks, Security Inks, and Others
- Resin: Polyurethane, Acrylic, Vinyl, Polyamide, Polyketone, Nitrocellulose, and Others
- Substrate: Paper and Board, Polyethylene, Aluminum, Polyvinyl Chloride, Polypropylene, Polyvinyl Acetate, Polyolefin, Cellophane, Polyester, Nylon, and Others
- Application: Food Packaging, Wallpaper, Corrugated and Soil Board, Panels, Labels, Laminates, Carrier Bags, Aluminum Foils, Shrink Wrap Films, Envelopes, Paper Synthetic Films, Wrapping Paper, Heavy Duty Sacks, Deep Freeze Packaging, Hygiene Packaging, Flower Wrap, and Others
The global printing inks/packaging inks market is witnessing significant growth driven by various factors. The escalating demand for packaged goods across industries such as food, healthcare, cosmetics, and consumer goods is a primary driver of market growth. As consumer preferences evolve, there is a surge in the need for attractive and informative packaging solutions, leading to a higher demand for high-quality printing inks and packaging in
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Core Objective of Printing Inks / Packaging Inks Market:
Every firm in the Printing Inks / Packaging Inks Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Printing Inks / Packaging Inks Market and growth rate factors.
- Important changes in the future Printing Inks / Packaging Inks Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Printing Inks / Packaging Inks Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Printing Inks / Packaging Inks top manufacturers profile and sales statistics.
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