Report Ocean recently released a research report on the Packaging Printing Inks Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global packaging printing ink market is anticipated to reach USD 13.45 billion by 2026 according to a new study published by Report Ocean Market Research. 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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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.
Different types of printing ink processes are used for applying packaging printing inks on to the substrates. Flexographic process has witnessed growth on account of its application in corrugated boxes, folding cartons, tag & labels, and narrow web. This has also resulted in higher growth for flexible packaging segment. Gravure is mainly used for paper print 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.
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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.
Asia Pacific is a major regional market for the packaging printing inks market. China, Japan, and India are the major contributing nations towards the growth of this region in packaging printing ink market. Different regions of the world make use of different types of packaging printing inks processes. North America and Europe are also mature regional markets due to their advanced packaging industries.
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.
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Table of Content
Chapter 1: Global Packaging Printing Inks Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Packaging Printing Inks market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Packaging Printing Inks Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Packaging Printing Inks market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Packaging Printing Inks market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Packaging Printing Inks market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Packaging Printing Inks market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Packaging Printing Inks business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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