Press release
Packaging Printing Inks Market Future Business Scope Analysis Report, Marketing Strategy, Growth Analysis, Booming The Revenue And CAGR Of Forcast To 2025-2034
Packaging Printing Inks MarketThe packaging printing inks market is expected to gain market growth during the forecast period of 2025 to 2034. Polaris Market Research analyses the market to account for USD 34.07 billion by 2034 and will grow at a CAGR of 7.2% in the above-mentioned forecast period. The market was valued at USD 17.11 billion in 2024.
Market Overview
Liquid inks, essentially flexo and gravure inks, are the presiding technology for packaging, with flexo the leading procedure. Flexo and gravure presses are roll-to-roll presses. These inks encompass a range of water-based, solvent-based, and UV-based technologies relying on the substrate and application.
For instance, as solvent-based inks are dried so as to abolish the solvent, they are normally detected on plastic substrates and seem more frequently on flexible packaging. Water-based inks as opposed to primary inks for corrugated as they can wither into the corrugate or craft boards.
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Drivers and Trends
Digital printing is acquiring approval in the packaging industry powered by growing demand for customized, high-standard commodities. Digital textile printing is extensively used for traditional packaging solutions sanctioning on-demand outlines and compact production runs. This procedure is especially advantageous for compact packaging, labels, and publicity materials, providing profound flexibility and speedier turnaround times.
Energy-cured inks involving UV-cured inks, latex (resin), solvent-UV hybrid inks, and solid inks are gaining approval due to their outstanding attributes, such as low volatile organic compounds (VOC) and varied applications. These inks offer benefits such as improved sticking, speedier drying time, greater productivity, better performance, environmental advantages, and reduced energy disbursements.
Competitive Landscape Analysis
The spearheading contenders in the market are focusing on R&D capabilities to enhance product offerings. Some of the companies that are currently dominating the packaging printing inks market are:
Akzo Nobel N.V.
Altana AG
Arkema S.A.
Chemicoat
Flint Group
Interstate Inks
INX International Ink Co.
Sakata Inx Private Limited
Siegwerk Druckfarben AG & Co. KGaA
Sun Chemical
Toyo Ink Co., Ltd.
Segmental Analysis:
Packaging Printing Inks Market, Product Outlook (Revenue - USD Billion, 2020-2034)
Gravure
Lithographic
Flexographic
Digital Printing
Others
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Regional Outlook
To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered.
Asia Pacific: This region held the largest share due to the development of the retail industry and the growing demand for packaging and labeling solutions, especially in developing nations such as China and India are witnessing a growing requirement for packaging inks.
North America: This region is fastest growing owing to the speedily evolving packaging industry and the swift acquisition of digital printing over traditional printing and the development of the fashion industry influences the regional packaging printing inks market demand.
Packaging Printing Inks Market, Resin Outlook (Revenue - USD Billion, 2020-2034)
Modified Rosin
Modified Cellulose
Acrylic
Polyurethane
Others
Packaging Printing Inks Market, End-use Outlook (Revenue - USD Billion, 2020-2034)
Food & Beverage
Cosmetics
Pharmaceuticals
Industrial
Others
Packaging Printing Inks Market, Application Outlook (Revenue - USD Billion, 2020-2034)
Packaging & Labels
Corrugated Cardboards
Commercial Printing/Publishing
Others
Packaging Printing Inks Market Report Highlights
✅ Based on product, the flexographic segment led the market in 2024 The efficiency, versatility, and cost-effectiveness of flexographic printing drive the demand for flexographic inks.
✅ Based on end use, the food & beverage segment accounted for the largest packaging ink market share in 2024, driven by the growing demand for food and beverages due to the rising global population.
✅ Asia Pacific accounted for the largest share of the global market in 2024 due to the growth of the retail industry and the increasing demand for packaging and labeling solutions in the region.
✅ The North America packaging printing inks market is anticipated to witness significant significant growth during the forecast period due to the rapidly growing packing industry in the region.
✅ Akzo Nobel N.V.; Altana AG; INX International Ink Co.; Siegwerk Druckfarben AG & Co. KGaA; Sakata Inx Private Limited; Flint Group; Chemicoat; Arkema S.A.; Toyo Ink Co., Ltd.; Interstate Inks; and Sun Chemical are a few global key players in the market.
FAQ's
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» What will be the expected CAGR of animal feed Packaging Printing Inks Market during the forecast period (2023-2032)
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