Global Low Migration Inks Market, By Process (Flexography, Gravure, Off-set, Digital), End-Use Industry (Food & Beverage, Pharmaceutical, Cosmetics and Personal Care), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Low Migration Inks Market
The low migration inks market is expected to witness market growth at a rate of 7.8% in the forecast period of 2021 to 2028 and is expected to reach USD 4.85 billion by 2028. Data Bridge Market Research report on low migration inks market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising demand for lightweight packaging for food and beverage industry is escalating the growth of low migration inks market.
Low migration inks refer to those specialized inks which are specially made to decrease the migration of these inks in specific packaging conditions such as cosmetics and personal care, pharmaceuticals and food and beverages among others where there migration of inks could risk contamination of the products or contents inside the packaging if they are contacted with conventional inks. The presence of external gases or heat exposure, water contamination and moisture causes the migration of inks when the ink printed on the substrates transfers to the other side.
The high utilization of these inks in various applications such as food and beverages, cosmetics and pharmaceuticals globally and growing awareness about issues surrounding migration of inks in packaged food, cosmetics and pharmaceutical product act as the major factors driving the growth of low migration inks market. The increase in the adoption of low migration inks by the manufacturers because of the regulations on printing inks to protect consumers from possible health risks involving contamination due to printed food materials and other substances accelerate the low migration inks market growth. Rising demand for lightweight packaging for food and beverages also influence the low migration inks market. Additionally, global food safety standards, high growth of the packaged food and beverages, increasing demand of cosmetics and personal care products, growth in awareness, change in lifestyles and surge in disposable income positively affect the low migration inks market. Furthermore, growing utilization in digital printing process, and implementation of stringent regulations on personal hygiene and cosmetics products extend profitable opportunities to the low migration inks market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the low migration inks, limited availability and fluctuating cost of the raw materials are the factors expected to obstruct the low migration inks market growth. The rise inn concerns regarding hygiene and preference towards conventional inks conventional inks in some regions are projected to challenge the low migration inks market in the forecast period of 2021-2028.
This low migration inks market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on low migration inks market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Low Migration Inks Market Scope and Market Size
The low migration inks market is segmented on the basis of process and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of process, the low migration inks market is segmented into flexography, gravure, off-set and digital.
- On the basis of end-use industry, the low migration inks market is segmented into food and beverage, pharmaceutical and cosmetics and personal care.
Global Low Migration Inks Market Country Level Analysis
The low migration inks market is analyzed and market size, volume information is provided by country, process and end-use industry as referenced above.
The countries covered in the globally low migration inks market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the low migration inks market because of the implementation of stringent food and packaging regulations by various regulatory bodies. North America is considered the second largest market owning to stringent regulation by the U.S. FDA. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rapid industrialization, relaxed investment norms, low raw material cost, cheap labor and low production cost in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Low Migration Inks Market Share Analysis
The low migration inks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to low migration inks market.
The major players covered in the low migration inks market report are Siegwerk Druckfarben AG & Co. KGaA, hubergroup Deutschland GmbH, HP Development Company, L.P., Kao Collins Corporation, Wikoff Color Corporation, TOYO INK CO., LTD., Sun Chemical, Flint Group, INX International Ink Co., Agfa-Gevaert Group, Altana, MHM Holding GmbH, Epple Druckfarben AG, HAPA AG, RUCO Druckfarben, Nazdar, T&K TOKA Corporation, Durst, Kao Chimigraf, Encres Dubuit, FUJIFILM Corporation, SEIKO EPSON CORP., SPGPrints B.V. and Marabu GmbH & Co. KG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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