Packaging Inks and Coatings Industry: In-depth Primer on Growth, Trends, and Forecasts

What is the projected growth of the industry?

The printing inks and protective layers applied to packaging materials segment is expected to witness sustained growth rate in the upcoming years. This is mirrored in a vast body of studies converging on growth projections within this specialized sector. The market, focusing specifically on packaging inks and protective solutions, is propelled by burgeoning demand in emerging economies as well as the developed regions. Furthermore, novel ink technologies and innovations in coating solutions offering superior printability and resistance to environmental factors are also catalyzing the growth.

What are the key trends in the industry?

Industry trend reports highlight two significant trajectories: sustainability and digital printing technologies, both of which have an immense influence on the packaging inks and coatings sector. Taking cognizance of the global trend towards sustainability, the sector is rapidly adopting environmentally friendly, bio-derived inks and coating solutions. Digitally-ready inks, enabling superior print fidelity and compatibility with digital printing platforms, are increasingly sought after, acknowledging the shift towards digital printing technologies.

What does the forecast look like?

Forecast studies posit a growth-intensive future for the packaging inks and coatings market, painting a favrouable picture both in terms of volume and value. The surge in e-commerce, requiring a robust packaging industry, is expected to translate into rising demand for high-quality inks and coatings. Additionally, regulatory thrust on reducing environmental impact is likely to steer demand towards sustainable printing solutions, further driving market growth.