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Low Migration Inks Market to depict appreciable growth prospects over 2019-2025

Author : Rahul Varpe | Published Date : 2019-09-27 

The Low Migration Inks Market study by Global Market Insights, Inc., is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study further includes a detailed analysis pertaining to key challenges, growth opportunities and application segments of the market.

Global low migration inks market trends are poised to witness considerable expansion due to changing consumer lifestyle and increase in working women population, which has led to higher consumption of packaged food and beverage products. Rising disposable income globally has fueled the demand for processed food and personal care products, positively influencing the growth of packaging sector worldwide. Safe packaging has become a prime focus of many health and safety agencies, impacting the development of inks meeting high safety standards.

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Developing nations like China and India have witnessed a substantial growth in demand for packaged and on-the-go food products owing to the increase in industrial set up and a rise in employment. Heavy molecular weighted inks are used for packaging and labelling for several end-use industries such as F&B, personal care items, pharmaceuticals, tobacco and alcohol due to their properties to restrain the undesired ink from affecting the eatables. Some regulations define the use of ink such that there is no transfer of ink from the packaging onto the food, deteriorating the properties of packaged food and change the products’ composition.

Regulatory authorities have levied several restrictions on the usage of ink across the food and beverage sector, which is projected to reinforce low migration inks market share globally. For instance, FDA allows inks to be marketed based on certain functional barriers in order to prevent migration of ink components to food. Additionally, EU requires printing inks used in the food industry to comply with Good Manufacturing Practices (GMP) and Framework regulations in order to safeguard health of consumers.

Low Migration Ink Market, Printing Process by End-user Industry

  • Flexography
    • Food and beverage
    • Pharmaceuticals
    • Personal care
    • Others
  • Digital
    • Food and beverage
    • Pharmaceuticals
    • Personal care
    • Others
  • Offset
    • Food and beverage
    • Pharmaceuticals
    • Personal care
    • Others
  • Gravure
    • Food and beverage
    • Pharmaceuticals
    • Personal care
    • Others

Low migration inks in digital printing processes are used when complex and highly efficient printing is required on food packages and labels. Digital printing facilitates printing on varied range of substrates that enhance versatility over alternate printing methods. Additionally, digital printing reduces environmental footprint by eliminating substrate waste and works without VOC and pre – coats using UV inks. Digitally printed labels for alcohol bottles are widely used due to complex image printing needed on them. The digital printing process segment in low migration inks industry is expected to witness a robust CAGR of over 6.5% over the forecast period.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/low-migration-inks-market

Global revenue generated by pharmaceutical sector in 2018 accounted for more than USD 1204.8 billion. Printing inks in pharmaceutical applications must ensure drug safety and eliminate the potential risk of contamination of tablets or other solid dosage forms through direct or indirect contact with ink.

Additionally, to protect the labels used on medicines from being counterfeited, pharma industry needs to invest in brand protection measures such as raised images and micro texts, creating a need for advanced low migration inks. In terms of end-users, pharmaceutical sector is expected to comprise of 25% of the total low migration inks market share by 2025.

According to U.S. Food and Drug Administration, about 48 million people in the country are affected by foodborne diseases, some of which are caused due to the mixing of ink substance with the edibles. Regulatory authorities have laid down strict laws with respect to ink usage in order to facilitate human health and safety. Reportedly, the US F&B sector is expected to generate over USD 18.34 billion in 2019, with constant innovations being in food packaging.  The growing F&B sector coupled with rising safety concerns is amplifying North America low migration inks industry outlook.

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Owing to increased adoption across the packaging applications on the account of obstructing undesirable transfer of ink onto the packaged items, which affects taste and raises safety concerns, low migration inks are becoming a common trend worldwide. Key players comprising the industry’s competitive dynamics include Toyo Inks, Flint Group, Sun Chemical Corporation and Huber Group among others. According to a report by Global Market Insights Inc., the low migration inks market size is projected to surpass USD 480 million by 2025.

Read more news @ https://www.marketwatch.com/press-release/europe-geogrids-market-volume-by-2024---to-cross-310-million-sq-meters-2019-09-27

https://www.marketwatch.com/press-release/recycling-equipment-machinery-market-expanding-at-6-cagr-over-2019-2025-2019-09-27

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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