© 2016 Global Market Insights. All Rights Reserved Packaging Inks and Coatings Market 2017, Industry Analysis & Forecast by Key global packaging inks and coatings market size contributors are AkzoNobel N.V., PPG Industries Inc., Spring Coating Systems, FlintGroup, Sun Chemical Corporation, Siegwerk Druckfarben AG & Co. KGaA, Valspar, ALTANA, Brancher, Arkema, Axalta Coatings Systems, ColorMatrix, CROMOS TINTAS GRAFICAS, Environmental Inks and Coatings, Nippon Paint, Toyo Ink and Sakata.
© 2016 Global Market Insights. All Rights Reserved Global Packaging Inks and Coatings Market size is flourishing and is expected to grow at a healthy CAGR during the forecast period. Packaging is an essential factor driving the industry growth across the globe. Increasing consumer preference for attractive packaging across various end-user industry including food & beverage, pharmaceuticals, cosmetics, etc. is expected to drive the packaging inks and coatings market size over the projected timeframe. Technology advancements for improving packaging of products to extend their customer base on large scale will eventually boost the packaging inks and coatings market size by Prevailing demand for better packaging for food & beverage along with awareness regarding the food quality and its protection from contamination is projected to drive the business growth in the coming future. The manufacturers in cosmetic industry are increasingly adopting the attractive packaging techniques to attain competitive advantage across the globe. Global Market Scenario of Packaging Inks and Coatings
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© 2016 Global Market Insights. All Rights Reserved Product Analysis:- Pharmaceuticals industry is another driving forces making a significant contribution towards packaging inks and coatings market size over the past many years. Pharmaceuticals industry is thriving and is expected to grow at a CAGR of over 6% which shall have a positive influence on the industry growth during the forecast period. Packaging inks and coatings market size is segmented based on substrates including paper, metal, plastics (flexible, rigid) and rubber. Flexible plastic market share is highest and is accounted for approximately 40% as it is easy and soft and can be easily moulded and customized to meet the diverse demand specifications of a wide range of products. Furthermore, its lighter weight and lower cost is expected to stimulate the packaging inks and coatings market size in the coming years. Regional Trends:- North America has captured a major chunk of the industry share due to prevailing product demand in food & beverage industry on a large scale. Moreover, the packaging inks and coatings market size is expected to witness growth due to protruding demand for packaged food & beverage in this region. Changing consumer lifestyle and increasing awareness for contamination free food in Asia Pacific primarily in India, China and Indonesia has stimulated packaging inks and coatings market size over the past years.
© 2016 Global Market Insights. All Rights Reserved Competitive Trends: Key global packaging inks and coatings market size contributors are AkzoNobel N.V., PPG Industries Inc., Spring Coating Systems, FlintGroup, Sun Chemical Corporation, Siegwerk Druckfarben AG & Co. KGaA, Valspar, ALTANA, Brancher, Arkema, Axalta Coatings Systems, ColorMatrix, CROMOS TINTAS GRAFICAS, Environmental Inks and Coatings, Nippon Paint, Toyo Ink and Sakata.
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