The Packaging Inks and Coatings Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Packaging Inks and Coatings Global Market Report 2024, The packaging inks and coatings market size is expected to see strong growth in the next few years. It will grow to $6.28 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing demand for sustainable and eco-friendly packaging solutions, growing preference for digital printing technologies in the packaging industry, rising awareness and adherence to stringent regulatory requirements for food and pharmaceutical packaging, expanding e-commerce activities, continuous advancements in packaging materials and technologies. Major trends in the forecast period include increased emphasis on sustainable inks and coatings, advancements in uv-curable inks, smart packaging integration.
The growing popularity of e-commerce is expected to propel the growth of the packaging ink and coatings market going forward. E-commerce refers to the buying and selling of goods and services over the Internet, encompassing online retail platforms, digital payment systems, and electronic transactions. Packaging inks and coatings in e-commerce are primarily used to ensure product protection, brand visibility, and consumer satisfaction through durable and visually appealing packaging solutions. For instance, in November 2023, according to the US Census Bureau, a US-based Department of Commerce, US retail e-commerce sales reached approximately $271.7 billion in the third quarter of 2023, showing a 0.9% growth from the previous quarter. Further, E-commerce sales accounted for 14.9% of total sales in the third quarter of 2023. Therefore, the growing popularity of e-commerce is driving the growth of the packaging ink and coatings market.
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The packaging inks and coatings market covered in this report is segmented –
1) By Type: Flexible Plastic, Rigid Plastic, Metal, Paper
2) By Application: Advertising, Electronic, Retail, Other Applications
3) By End-user: Cosmetics, Food And Beverage, Pharmaceuticals, Industrial, Other End-Users
Major companies operating in the packaging ink and coatings market are increasing its focus on introducing solvent-based ink to gain a competitive edge in the market. The solvent-based ink is a printing ink formulation that uses organic solvents as the liquid carrier or vehicle. For instance, in September 2021, Flint Group US LLC, a US-based manufacturer of conventional and UV printing inks, launched its ONECode solvent-based ink and coating range for flexible packaging in Europe. As part of this range, the company introduced ONECode Universal Bases, which are designed to provide the ultimate print flexibility and efficiency in the gravure print process. By simplifying the flexible packaging printing process, improving print quality, and reducing ink consumption and waste, the ONECode range aims to make the printing process more efficient.
The packaging inks and coatings market report table of contents includes:
1. Executive Summary
2.Packaging Inks and Coatings Market Characteristics
3.Packaging Inks and Coatings Market Trends And Strategies
4.Packaging Inks and Coatings Market analysis
5.Packaging Inks and Coatings Market Size And Growth
6.Packaging Inks and Coatings Segmentation
7.Packaging Inks and Coatings Regional And Country Analysis
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27.Packaging Inks and Coatings Competitive Landscape And Company Profiles
28.Packaging Inks and Coatings Key Mergers And Acquisitions
29.Packaging Inks and Coatings Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Fujifilm Corporation
- PPG Industries Inc.
- Arkema S.A
- Axalta Coatings Systems
- Sun Chemical
- ALTANA AG
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Packaging Inks and Coatings market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Packaging Inks and Coatings market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Packaging Inks and Coatings market is segmented into:Flexible PlasticRigid PlasticMetalPaperDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/61261/global-china-packaging-inks-coatings-2026-596Segment by Application, the Packaging Inks and Coatings market is segmented into:AdvertisingElectronicRetailOtherRegional and Country-level Analysis:The Packaging Inks and Coatings market is analysed and market size information is provided by regions (countries).The key regions covered in the Packaging Inks and Coatings market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Packaging Inks and Coatings Market Share Analysis:Packaging Inks and Coatings market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
The newly added Packaging Coatings Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2027.
Further, this report also highlights smart strategy adopted by major players and also their market share.
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the packaging coatings market include Akzo Nobel N.V., Arkema Group, Axalta Coating Systems LLC, BASF SE, Mantrose-Haeuser Co. Inc., PPG Industries Inc., Sun Coating Company, The Dow Chemical Company, The Valspar Corporation, Wacker Chemie AG Ltd., etc.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Packaging Coatings Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/packaging-coatings-market/download-sampleMarket DynamicsThe rising e-commerce industries, coupled with the rapid industrialization and urbanization across the globe, is one of the major factors driving the market.
Other factors, including the increasing consumer inclination for attractive packaging, technological advancements are projected to drive the market further.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
