Global Low Migration Inks Market by Process (Gravure, Flexography, Off-set, Digital), By End Use (F&B, Pharma and Cosmetics), Global Analysis to 2023

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format

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Global Low Migration Inks Market by Process (Gravure, Flexography, Off-set, Digital), By End Use (F&B, Pharma and Cosmetics), Global Analysis to 2023

Low Migration Inks Market Size And Forecast

According to the new report titled "Global Low Migration Inks Market by Process (Gravure, Flexography, Off-set, Digital), By End Use (F&B, Pharma and Cosmetics), Global Analysis to 2023"

The valuation of the Low Migration Inks Market was $1.2 Billion in 2023 and is projected to reach $5.1 Billion by 2032, at a CAGR of 8.2% from 2021 to 2032.

Imagine a world where the inks used to print food packaging and pharmaceutical labels are specially designed to keep harmful chemicals from leeching into the products they protect. That's the world of low migration inks, and it's a big one, worth over $1.2 billion in 2023. These inks are vital for ensuring the safety of what we eat and drink. They meet strict regulations to prevent the transfer of any nasties into our food or medicine. And with people becoming more aware of food safety, the demand for these inks is only growing. Low migration inks aren't just about keeping us safe; they also have other benefits. They tend to have less odor, contain fewer harmful VOCs (volatile organic compounds), and meet the limits set by regulatory bodies. As businesses put consumer safety and compliance first, the low migration ink market is set to keep growing. Researchers are constantly improving the formulas and finding ways to meet the evolving needs of the industry. So, as we continue to strive for healthier and safer packaging, the role of low migration inks will only become more critical.

VOCs held the primary share in the Low Migration Inks Market

Technology is super important in the world of making ink for printing and packaging. It helps us make inks that are safer and better for the environment. We're always working to make inks that don't smell and don't let their stuff seep into the food or medicine they're protecting. This is especially important for food and medicine because we don't want anything bad getting into our bodies. We're also using new ways to make ink dry faster and more efficiently. This makes inks that are better for the planet because they don't have as many harmful chemicals. Nanotechnology is also helping us make inks that are stronger, stick better, and follow all the rules. As the way we package things changes, especially because we're all worried about being green and keeping people safe, technology is super important for making sure that inks are safe and follow the rules all over the world.

North America headed the Low Migration Inks Market in 2022

The Growing Demand for Low Migration Inks in North America In North America, there's a surge in demand for low migration inks in the packaging industry. This is because food safety and compliance with strict regulations are more important than ever. As companies focus on keeping food and medicine safe in their containers, low migration inks are becoming essential. They help ensure that harmful chemicals don't migrate from the packaging into the products. Advances in technology have improved the performance of these inks, making them more reliable and effective. This has led to a rise in their use by manufacturers who want to meet evolving regulations and address customer concerns about safety. With a focus on sustainability and meeting the highest safety standards, the low migration ink market in North America is expected to keep growing as businesses prioritize packaging solutions that put consumer safety and regulatory compliance first. Key Players in the Market Sun Chemical Corporation (US) Flint (Luxembourg) hubergroup Deutschland (Germany) Siegwerk Druckfarben (Germany) TOYO INK. (US) Agfa-Gevaert (Belgium) ALTANA (Germany) epple Druckfarben (Germany) INX International Ink. (US)

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2021-2031
BASE YEAR

2024
FORECAST PERIOD

2024-2031
HISTORICAL PERIOD

2021-2023
UNIT

Value (USD Billion)
KEY COMPANIES PROFILED

Flint, Sun Chemical Corporation, hubergroup Deutschland, Durst, Epple Druckfarben, HAPAAG, Toyo Ink, Siegwerk Druckfarben, INX International Ink, Zeller+Gmelin, Altana, Kao Corporation, and Agfa-Gevaert.
SEGMENTS COVERED

Process, Application, Product Type And Geography.

 
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

keyplayer

  •  Flint
  • Sun Chemical Corporation
  • hubergroup Deutschland
  • Durst
  • Epple Druckfarben
  • HAPAAG
  • Toyo Ink
  • Siegwerk Druckfarben
  • INX International Ink
  • Zeller+Gmelin
  • Altana
  • Kao Corporation
  • and Agfa-Gevaert. 

Global Low Migration Inks MarketSegmentation Analysis

The Global Low Migration Inks Market is Segmented on the basis of  Process, Application, Product Type And Geography.

Low Migration Inks Market, By Process

  • Gravure
  • Flexography
  • Off-Set
  • Digital

Based on Process, the market is divided into Gravure, Flexography, Off-Set, and Digital. Flexography is currently expected to be the leading process type in the low migration inks industry. Flexography is perfect for high-volume printing on a variety of packaging materials because it strikes a compromise between cost and speed. These supplies include paper and plastic containers, tape, cardboard boxes, and foil. This efficiency enables organizations to produce huge amounts of packaging using low migration inks at a competitive price. While other techniques may be appropriate for specific applications, flexography is the market leader in low migration inks due to its versatility and low cost.

Low Migration Inks Market, By Application

  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics
  • Tobacco
  • Homecare
  • Chemicals

Based on Application, the market is segmented into Food & Beverages, Pharmaceuticals, Cosmetics, Tobacco, Homecare and Chemicals. While Low Migration Inks are utilized in a variety of industries, they are most commonly found in food and beverage, medicines, and cosmetics. This is due to stronger rules and heightened safety concerns in these industries. Contamination from packing inks can have a substantial influence on product quality and safety. Food and beverages require inks that will not migrate into the food, while pharmaceuticals and cosmetics have similar issues with chemical leaching that could harm customers.

Low Migration Inks Market, By Product Type

  • UV Curable Inks
  • Solvent-based Inks
  • Water-based Inks
  • Digital Inks
  • Metal Decorating Inks

Based on Product Type, the market is bifurcated into UV Curable Inks, Solvent-based Inks, Water-based Inks, Digital Inks & Metal Decorating Inks. UV curable inks dominate the low migration ink industry due to its adaptability and performance. They cure rapidly under UV light, attaching firmly to a variety of substrates and defying scratches, solvents, and fading. This endurance along with low VOC emissions and few solvents, makes them perfect for safety-conscious packaging applications with stringent standards. UV curable inks provide a winning combination of quality, compliance and visual appeal, ensuring their dominance in the low migration industry.

Low Migration Inks Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Low Migration Inks Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share of followed by Europe. Growing demand for effective emergency care and increasing adoption of mobile surgery centers are anticipated to drive the industry during the forecast period.

Reasons to Purchase this Report

Understanding the Market We'll do a deep dive into the market, looking at it from all angles, both the hard numbers and the softer, less tangible factors. We'll break down the market into different sectors, based on both economic and non-economic things that shape each sector. Market Dollar Values For each sector and subsection, we'll provide the total value in US dollars. This will give you a clear picture of the size of each part of the market. Growth Predictions We'll use our research to tell you which sector and which region within the market is expected to grow the fastest and become the biggest player. Regional Analysis We'll break down the market by geography, showing you how much of the product or service is being bought and used in each region. We'll also highlight the key factors that are affecting the market in each region. Who's Who in the Industry We'll give you a rundown of the major players in the industry, where they rank, and any major moves they've made in the past five years, like new product launches or acquisitions. In-Depth Company Profiles For the key players, we'll provide detailed profiles that include an overview of the company, their strengths and weaknesses (SWOT analysis), and a comparison of their products. Market Outlook We'll project where the industry is headed, based on recent trends. We'll discuss the opportunities for growth, the challenges that it faces, and how it might develop in both emerging and developed markets. Porter's Five Forces and Value Chain Analysis We'll use these tools to give you a comprehensive analysis of the forces that shape the market and how different players interact within it. Market Dynamics and Future Growth We'll explore the factors that are driving and restraining the market's growth. We'll also give insights on how the market might evolve in the coming years. Ongoing Support After you purchase our report, we'll be there to answer any questions you have for the next six months.

 

Table of Content

1 INTRODUCTION OF GLOBAL LOW MIGRATION INKS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL LOW MIGRATION INKS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL LOW MIGRATION INKS MARKET, BY PROCESS
5.1 Overview
5.2 Gravure
5.3 Flexography
5.4 Off-Set
5.5 Digital

6 GLOBAL LOW MIGRATION INKS MARKET, BY APPLICATION
6.1 Overview
6.2 Food & Beverages
6.3 Pharmaceuticals
6.4 Cosmetics

7 GLOBAL LOW MIGRATION INKS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1  Latin America
7.5.2 Middle East and Africa

8 GLOBAL LOW MIGRATION INKS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies

9 COMPANY PROFILES

9.1 Flint
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments

9.2 Sun Chemical Corporation
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments

9.3 hubergroup Deutschland
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments

9.4 Epple Druckfarben
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments

9.5 Toyo Ink
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments

9.6 Siegwerk Druckfarben
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments

9.7 INX International Ink
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments

9.8 Zeller+Gmelin
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments

9.9 Altana
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments

9.10 Agfa-Gevaert
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments

10 APPENDIX
10.1 Related Research

keyplayer

  •  Flint
  • Sun Chemical Corporation
  • hubergroup Deutschland
  • Durst
  • Epple Druckfarben
  • HAPAAG
  • Toyo Ink
  • Siegwerk Druckfarben
  • INX International Ink
  • Zeller+Gmelin
  • Altana
  • Kao Corporation
  • and Agfa-Gevaert. 

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