Latest News- Packaging Inks And Coatings Market: Flexible plastic is expected to lead the Product Type segment during 2025-2029

The Packaging Inks And Coatings Market is being driven by Growth of food delivery and takeaway sector

The Packaging Inks And Coatings Market is expected to grow at a CAGR of 6.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1852.2 million. In the global printing ink market, leading players such as Flint Group are investing heavily in research and development to decrease the cost of production and introduce innovative products with advanced features and capabilities. Notably, Flint Group unveiled a new 9,000 square-metre manufacturing facility in Savli Vadodara, India, in December 2024. This cutting-edge facility is dedicated to producing the AquaCode series of water-based inks and coatings for paper and board packaging, as well as UV-curable inks for the label and narrow-web sectors. Full operational capability is anticipated by Q2 2025. This expansion underscores the industry trend towards new product development, with companies seeking to differentiate themselves in a competitive market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product Type
  • Flexible plastic
  • Rigid plastic
  • Metal
  • Paper
  • Others
• Type
  • Lithographic printing
  • Flexographic printing
  • Digital printing
  • Gravure printing
  • Others
• Distribution Channel
  • Online
  • Offline
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth of food delivery and takeaway sector
• Growing demand for packaging inks and coatings from emerging economies
• Increased demand for eco-friendly inks

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations on packaging inks and coatings with high VOC content
• Environmental concerns over use of plastic
• Rise in concerns about compatibility and performance of packaging inks and coatings

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Market Scope in Packaging Inks And Coatings Market Research Report

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Research Analysis Overview

The Packaging Inks and Coatings Market encompasses various aspects, including ink formulation process, coating composition analysis, and surface tension measurement. Curing processes for coatings are crucial, with color matching software ensuring accurate shades. Print quality assessment relies on coating performance metrics, ink stability testing, and adhesive bonding strength. Sustainability is a focus, with renewable resource inks, bio-based coatings, recyclable packaging materials, and high-speed printing systems. Quality control processes involve regulatory compliance testing, shelf life determination, VOC emission control, and wastewater treatment. Energy efficiency, improved printability, optimized ink transfer, and enhanced gloss retention are essential for market growth.

Market Research Overview

The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of various industries' goods, including fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, key growth drivers for this sector include the increasing demand for specialty adhesives and sealants. Specifically, UV curable inks, water-based coatings, flexographic printing inks, and ink adhesion properties are gaining significant attention due to their enhanced performance and sustainability. These advancements will significantly contribute to the market's expansion during the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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