Low Migration Inks Market is anticipated to grow at a CAGR of 8.30% from 2021 to 2027 globally - Axiom MRC
Low Migration Inks Market is anticipated to grow at a CAGR of 8.30% from 2021 to 2027 globally - Axiom MRC
Date: November 2021
New York, September 2021: Axiom Market Research & Consulting™ added a report on low migration inks market which includes study on process, substrate type, end-use industry and geography. The low migration inks market was projected to grow at a CAGR of 8.30% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the low migration inks market.
The factors like increasing government regulations for the packaging and labelling of the beverages and food across the market have been driving the global low migration inks market. The increasing demand for the lightweight packaging for the food and beverages including the labelling of the different products have been contributing to the growth of the low migration inks market.
The report analyses the low migration inks market based on the process, substrate type, end-use industry, and geography. The low migration inks are available in the markets based on the processes like flexography, gravure, and off-set, digital. The low migration inks market includes the substrate type such as corrugated boxes, flexible films, flexible paper, folding cartons and metals. The end-use industry of the low migration inks market includes food and beverage, pharmaceutical, cosmetics, and personal care. The low migration inks market is studied across the regions such as North America, Europe, Asia Pacific and Rest of the World.
Flexography process segmentation is estimated to have high demand in low migration inks market during the forecast period
The flexography process segmentation helps in transferring the low migration inks that are primarily used for printing the packages if different end use products. The increasing usage of flexography in different types of end-use industries is like going to provide growth opportunity for low migration inks market.
Folding cartons segmentation is expected to lead the low migration inks market
The increase in the requirement for the folding market in the different types of applications specifically the food and beverage industry has been responsible for leading the growth in the low migration inks market for the forecast period.
Food & Beverage end-use industry segmentation is estimated to grow in the low migration inks market
Due to the increasing awareness regarding the migration of the inks in the packaged food products, the food and beverage end-use industry is expected to experience rapid growth in the low migration inks market for the forecast period.
The region of Europe is estimated to be dominating in the low migration inks market
The growing demand for low migration inks in region is attributed by stringent food and packaging regulations by various regulatory by various bodies which is accelerating the market growth to huge extend.
Key Players
The key players in the low migration inks market are Altana, Sun Chemical Corporation, Siegwerk Druckfarben, Toyo Ink Europe, Flint Group, Fujifilm, HP, Marabu, Janecke+Schneemann Druckfarben, Agfa-Gevaert, Hubergroup Deutschland, Epple Druckfarben, Inx International Ink, Zeller+Gmelin, Spgprints, Durst, Hapa, Ruco Printing Inks, KAO Collins, T&K Toka, Nazdar, Wikoff Color Corporation, KAO Chimigraf, Epson America, Inks Dubuit and MHM Holding GmbH among others.