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The packaging inks and coatings market has experienced significant growth, climbing from $4.68 billion in 2023 to $4.98 billion in 2024, with a CAGR of 6.3%. Past growth is attributed to new printing technologies, evolving regulations, sustainability demands, and global trade movements. Projected to 2028, the market is forecasted to reach $6.28 billion, driven by sustainable packaging demand, digital printing preferences, stringent regulatory compliance, e-commerce expansion, and packaging material advancements. Major trends include sustainable ink and coating focus, UV-curable ink advancements, and smart packaging integration.

The burgeoning prevalence of e-commerce is expected to drive the expansion of the packaging ink and coatings market. E-commerce encompasses various digital platforms facilitating retail transactions, and packaging inks and coatings play a vital role in ensuring product protection and brand visibility. For instance, retail e-commerce sales in the United States surged to approximately $271.7 billion in the third quarter of 2023, according to the US Census Bureau. With e-commerce sales accounting for 14.9% of total sales during the same period, the escalating prominence of e-commerce acts as a significant driver for the packaging ink and coatings market’s growth.

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What Are The Key Trends That Influence Packaging Inks and Coatings Market Share Analysis?

Companies in the packaging ink and coatings market are increasingly focusing on solvent-based inks to gain a market advantage. Solvent-based inks use organic solvents as the liquid carrier. Flint Group US LLC, a US-based manufacturer of printing inks, introduced its ONECode solvent-based ink and coating range for flexible packaging in Europe in September 202 This range includes ONECode Universal Bases, designed to enhance print flexibility, efficiency, and quality while reducing ink consumption and waste in the gravure print process.

Which Market Players Are Driving Growth In The Packaging Inks and Coatings Market?

Major companies operating in the packaging inks and coatings market report are Fujifilm Corporation, PPG Industries Inc., Arkema S.A, Axalta Coatings Systems, Sun Chemical, ALTANA AG, Flint Group, Sakata INX Corporation, Siegwerk Druckfarben AG & Co. KGaA, Dainichiseika Color & Chemicals Mfg. Co. Ltd., Toyo Ink SC Holdings Co. Ltd., Huber Group, Colorcon, T&K TOKA Corporation, Tokyo Printing Ink Mfg. Co. Ltd., Zeller+Gmelin GmbH & Co. KG, Nazdar Company, Wikoff Color Corporation, INX International Ink Co., Marabu GmbH & Co. KG, Epple Druckfarben AG, Doneck Euroflex S.A., Paragon Inks, Van Son Holland Ink Corporation, Pulse Roll Label Products Ltd., BCM Inks, RUCO Druckfarben

How Is The Global Packaging Inks and Coatings Market Segmented?

The packaging inks and coatings market covered in this report is segmented –

1) By Type: Flexible Plastic, Rigid Plastic, Metal, Paper
2) By Application: Advertising, Electronic, Retail, Other Applications
3) By End-user: Cosmetics, Food And Beverage, Pharmaceuticals, Industrial, Other End-Users

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The Packaging Inks and Coatings Global Market Report 2024 provides an overview of the packaging inks and coatingsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The packaging inks and coatings market forecast analyzes packaging inks and coatings market size, packaging inks and coatings market share, leading competitor and their market positions.

The Table Of Content For The Packaging Inks and Coatings Market Include

1. Packaging Inks and Coatings Market Executive Summary
2. Packaging Inks and Coatings Market Segments
3. Packaging Inks and Coatings Market Size And Template Market Growth Rate
4.  Key Packaging Inks and Coatings Market Trends
5. Major Packaging Inks and Coatings Market Drivers
……
25. Key Mergers And Acquisitions In The Packaging Inks and Coatings Market
26. Top Packaging Inks and Coatings Companies
27. Packaging Inks and Coatings Market Opportunities And Strategies
28. Packaging Inks and Coatings Market, Conclusions And Recommendations
29. Appendix

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