Low Migration Inks Market : By Segmented On The Basis Of Growth, Application And Geography 2023

Low Migration Inks Market : By Segmented On The Basis Of Growth, Application And Geography 2023

Low Migration Inks Market Overview

The Global Low Migration Inks Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Europe dominated the global low migration inks market in 2017 and is expected to be the fastest growing market during the forecast period. Established end-use industries such as food & beverages, pharmaceuticals, and cosmetics & personal care are likely to showcase a strong demand for printing inks for packaging and labeling applications during the forecast period. Additionally, strict packaging & food regulations such as European Carton Makers Association (ECMA), European Food Standard Agency (EFSA), European Printing Ink Association Member of CEPE (EuPIA) are expected to boost the demand for low migration inks during the forecast period.

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North America is expected to be the second leading region in the global low migration inks market and is likely during the forecast period. Strong demand for printing inks from developed food & beverage, pharmaceutical, and cosmetic & personal care industries coupled with stringent food regulations such as the U.S. Food and Drug Administration (FDA) is expected to propel the low migration inks market during the forecast period.
Market Segmentation

The Global Low Migration Inks Market is segmented by a printing process, substrate type, end-use industry, and region.

On the basis of the printing process, the global low migration inks market is segmented into flexography, gravure, lithographic offset, digital, screen printing, and others.

On the basis of substrate type, the global low migration inks market is segmented into corrugated boxes, flexible films, flexible paper, folding cartons, metals, and others.

On the basis of the end-user industry, the global low migration inks market is segmented into food & beverage, pharmaceutical, cosmetics & personal care, and others.

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Competitive Analysis

Key Players

• FlintGroup
• hubergroup Deutschland GmbH
• INX International Ink Co.
• Kao Corporation.
• Sun Chemical
• Siegwerk Druckfarben AG & Co. KGaA
• HAPA AG
• Agfa-Gevaert Group
• ALTANA
• Epple Druckfarben AG
• Zeller + Gmelin GmbH & Co. KG
• Durst
• Spgprints B.V.
• Nazdar.
• Wikoff Color Corporation.

Regional Analysis

Asia Pacific is expected to witness a rising demand for low migration inks during the forecast period. Growing healthcare industry in India due to high budget allocation to the healthcare sector in “Union budget 2018” is likely to boost the regional packaging industry and is expected to impact the global low migration inks market positively during the forecast period. Additionally, growing urban population is majorly preferring convenience food, which is expected to give a major boost to the regional food & beverage industry. Thus, it is likely to contribute considerably to the growth of the global low migration market during the forecast period. Furthermore, growing cosmetics & personal care industry due to rising per capita income and improving living standards are also expected to boost the low migration inks market for packaging and labeling application during the forecast period.

The Middle East & Africa market is expected to exhibit increased growth during the forecast period. with Increasing government regulation such as GCC food safety committee, SFDA (Saudi Food & Drug Administration), Food Safety committee in Egypt, and SASO role model in alignment with Codex & ISO are likely to exhibit strong demand of low migration inks during the forecast. Growing food & beverages and cosmetics & personal care industries on account of rising popularity of convenience foods, high per-capita income and luxurious lifestyle.

Latin America market is likely to show a sluggish demand for low migration inks due to its high cost on account of their poor economic stability.

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