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The Low Migration Inks market is influenced by a myriad of market factors that collectively shape its dynamics. One significant factor is the growing demand for food packaging that complies with stringent regulations. As consumers become increasingly conscious of the safety and quality of packaged food, there is a rising need for inks that minimize the risk of migration, ensuring that no harmful substances transfer from packaging to the contents within. This demand is particularly pronounced in the food and beverage industry, where regulations are becoming more stringent to safeguard consumer health.
The low Migration Inks Market Size was valued at USD 2.5 billion in 2022. The Low Migration Inks industry is projected to grow from USD2.715 Billion in 2023 to USD 5.253012521 billion by 2032; during the forecast period (2023 - 2032), the compound annual growth rate (CAGR) is 8.60%
Moreover, the expanding pharmaceutical industry plays a crucial role in propelling the Low Migration Inks market. With pharmaceutical products requiring secure and reliable packaging to maintain their integrity and efficacy, the use of low migration inks becomes imperative. The pharmaceutical sector's commitment to adhering to strict regulatory standards further fuels the adoption of these inks, contributing to market growth.
In addition to regulatory concerns, technological advancements contribute significantly to the market's trajectory. Continuous innovation in ink formulations, manufacturing processes, and printing technologies allows for the development of low migration inks that offer superior performance in terms of adhesion, durability, and resistance to external factors. As printing technologies evolve, the Low Migration Inks market adapts to provide solutions that meet the ever-changing needs of diverse industries.
Furthermore, globalization plays a pivotal role in shaping the market dynamics. With businesses expanding their reach across borders, there is an increased demand for packaging materials and inks that meet international standards. Low migration inks, by virtue of their compliance with global regulations, find favor among companies seeking to standardize their packaging processes and ensure consistency across different markets.
Economic factors also contribute to the ebb and flow of the Low Migration Inks market. The economic health of industries such as food and beverages, pharmaceuticals, and consumer goods directly impacts the demand for low migration inks. Economic growth often translates into increased production and packaging activities, driving the need for high-quality, compliant inks. Conversely, economic downturns may temporarily slow down market growth as industries tighten their budgets and prioritize essential expenditures.
Environmental considerations are emerging as a critical factor influencing the Low Migration Inks market. As sustainability becomes a focal point for businesses and consumers alike, there is a growing demand for eco-friendly inks that minimize environmental impact. Low migration inks, which often boast formulations with fewer volatile organic compounds (VOCs) and other harmful substances, align with the broader trend of environmentally conscious practices.
Lastly, the competitive landscape of the Low Migration Inks market shapes its dynamics. The presence of key players, their strategies, and innovations contribute to the overall growth and evolution of the market. Companies investing in research and development to create cutting-edge low migration ink formulations gain a competitive edge, influencing market trends and customer preferences
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2023 | USD 2.72 billion |
| Growth Rate | 7.49%(2024-2032) |
Low Migration Inks Market Highlights:
Global Low Migration Inks Market Overview
The low Migration Inks Market Size was valued at USD 2.72 Billion in 2023. The Low Migration Inks industry is projected to grow from USD 2.95 Billion in 2024 to USD 5.25 billion by 2032; during the forecast period (2024 - 2032), the compound annual growth rate (CAGR) is 7.49%. Increased awareness regarding the harmful consequences of migration of inks in food, pharmaceutical, and rapid industrialization due to relaxed investment norms, low raw material cost, cheap labor, and low production cost are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Low Migration Inks Market Trends
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The increasing demand for sustainable packaging is driving the market growth.
The increasing demand for sustainable packaging is a major trend in the low-migration ink market. Manufacturers are looking for low-migration inks that are made with environmentally friendly materials. The development of new low-migration inks that are made with sustainable materials is a key trend in the market. Growing consumption of packaged food and the requirement for securing these food products from getting blended with the printed inks on food packets, along with the increasing demand for lightweight packaging of food products, pharmaceuticals, wine bottles, cosmetics, etc. Low migration inks are formulated without using raw materials recognized as a material that can pass through any substrate and can cause damage to the flavor, odor, appearance, safety, or taste of the products enclosed within the package. This ink is widely used in the food and beverage industry owing to its exceptional ink- restraining features. This factor drives the Market CAGR.
Additionally, the best policies restricting immigrants' use in North America and Europe did everything to expand the stock market over time. For example, according to the European Union Printing Ink Association (EuPIA), printing inks for food packaging must comply with GMP Regulation (EC) No. 2023/2006 and Framework Regulation (EC) No. 1934/2004. The above guidelines help maintain food safety in designing and manufacturing inks, paints, and varnishes for printing on food products. In addition, the development of low-migration printers in the labeling of personal care products such as cosmetics, toothpaste, and soap and the transition from analog printing to digital printing will bring more opportunities to the market in the near term. Thus, driving the Low Migration Inks market revenue.
Low Migration Inks Market Segment Insights
Low Migration Inks Printing Process Insights
Based on the Printing Process, the Low Migration Inks market segmentation includes flexography and gravure. The flexography segment dominated the market because Flexography is a widely used printing process for food packaging, a major application for low-migration inks. Flexography is a versatile printing process on various substrates, including food packaging materials. Moreover, flexography is a relatively low-cost printing process, making it an attractive option for food packaging manufacturers.
Figure1: Low Migration Inks Market, by Printing Process, 2022&2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Low Migration Inks Substrate Type Insights
The Low Migration Inks market segmentation, based on substrate type, includes corrugated boxes, and flexible films. The Specialty Films segment dominated the market because flexible films are a widely used substrate for food packaging, which is a major application for low migration inks, and flexible films are a versatile substrate that can be used to package a hu variety of food products. Moreover, flexible films are relatively lightweight and easy to transport, making them an attractive option for food packaging manufacturers.
Low Migration Inks End-Use Industry Insights
Based on the end-use industry, the Low Migration Inks market segmentation includes food & beverage, pharmaceuticals, cosmetics & personal care. The food & beverage category led the market. This is because food packaging is an important application for low migration, and consumers are becoming more aware of the health risks associated with migration, which increases the demand for low ink in food packaging.
Low Migration Inks Regional Insights
Segmented by Region, the study provides market insights for North America, Europe, Asia Pacific, and the rest of the world. The North American low migration inks market will dominate, owing to stringent regulation by the U.S. FDA. Asia Pacific is expected to witness significant growth during the forecast period.
In addition, the main countries the trade fair examines include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: LOW MIGRATION INKS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Low Migration Inks market accounts for the second-largest market share due to the implementation of stringent food and packaging regulations by various regulatory bodies. Further, the German Low Migration Inks market held the largest market share, and the UK Low Migration Inks market was the fastest-growing market in the European Region.
The Asia-Pacific Low Migration Inks Market is expected to grow fastest from 2023 to 2032. This is due to the Region's rapid industrialization, relaxed investment norms, low raw material cost, cheap labor, and low production cost. Moreover, China’s Low Migration Inks market held the largest market share, and the IndianLow Migration Inks market was the fastest-growing market in the Asia-Pacific region.
Low Migration Inks Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Low Migration Inks market grow even more. Market participants are also undertaking different strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. Low Migration Inks industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Low Migration Inks industry to benefit clients and increase the market sector. In recent years, the Low Migration Inks industry has offered some of the most significant advantages to medicine. Major players in the Low Migration Inks market include FlintGroup (Luxembourg), hubergroup Deutschland GmbH (Germany), INX International Ink Co. (U.S.), and Kao Corporation. (Japan), Sun Chemical (U.S.), SiegwerkDruckfarben AG & Co. KGaA (Germany), HAPA AG (Germany), Agfa- Gevaert Group (Belgium), ALTANA (Germany), EppleDruckfarben AG (Germany), Zeller + Gmelin GmbH & Co. KG (Germany), Durst (Italy), Spgprints B.V. (Netherlands), Nazdar. (U.S.), and Wikoff Color Corporation (U.S.)., and others are attempting to increase market demand by investing in research and development operations.
Sun Chemical, the world's largest manufacturer of printers and inks, is located in Parsippany-Troy Hills, New Jersey. It was established in 1945. The company was originally Lorilleux& Cie. In 1818 Paris was unified under the name Sun only in 1945. Sun Chemicals has announced a new low migration ink that complies with Annex 6 of the Swiss Legislative Nestlé Standard for Food Packaging Inks.
Flint Group is a manufacturing company in Luxembourg. With revenues of $2.3 billion and approximately 7,900 employees, Flint Group is one of the world's largest printing, packaging, and stationery suppliers. Flint Group has 180 headquarters in 40 countries around the world. Flint Group has launched a new range of low-migration materials for food packaging.
Key Companies in the Low Migration Inks market include
- FlintGroup (Luxembourg)
- hubergroup Deutschland GmbH (Germany)
- INX International Ink Co. (U.S.)
- Kao Corporation. (Japan)
- Sun Chemical (U.S.)
- Siegwerk Druckfarben AG & Co. KGaA (Germany)
- HAPA AG (Germany)
- Agfa- Gevaert Group (Belgium)
- ALTANA (Germany)
- EppleDruckfarben AG (Germany)
- Zeller + Gmelin GmbH & Co. KG (Germany)
- Durst (Italy)
- Spgprints B.V. (Netherlands)
- Wikoff Color Corporation (U.S.)
Low Migration Inks Industry Developments
On October 2019: Sun Chemicals launched a new low-migration ink subject that compiles with annex 6 of the Swiss ordinance, Nestle Standards of food packaging inks.
December 2022: FlintGroup partnered with the University of Twente in the Netherlands to develop new low-migration inks based on plant-based materials. The inks are designed to be more sustainable and environmentally friendly than traditional low-migration inks.
Low Migration Inks Market Segmentation
Low Migration Inks Printing Process Outlook
- Flexography
- Gravure
Low Migration Inks Substrate Type Outlook
- Corrugated Boxes
- Flexible Films
Low Migration Inks End-Use Industry Outlook
- Food & Beverage
- Pharmaceuticals
- Cosmetics & Personal Care
Low Migration Inks Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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