As the packaging market continues to expand globally, packaging ink manufacturers are enjoying growth, although higher raw material prices and consolidation remain concerns.
David Savastano, Ink World Editor10.10.07
The packaging ink market continues to enjoy solid growth globally, as demand for packaging is
Nielson Dairy’s The Ultimate Chocolate Milk, printed by Alcoa, received Best In Show honors at the 2007 Packaging & Label Gravure Association’s (PLGA) 2007 Print Quality Awards, as well as top honors for Reverse Printing.
expanding quickly in rapidly-growing areas such as Asia-Pacific and South America. Even in North America and Europe, packaging ink sales are steady, growing slightly faster than GDP rates, spurred in good part by the interest in flexible packaging.
This growth is confirmed by the National Association of Printing Ink Manufacturers (NAPIM), which reported in its 2007 State of the Industry Report that overall, U.S. packaging ink sales rose 5.8 percent in value while remaining flat in terms of volume. According to NAPIM, flexo solvent and gravure solvent were the highlights, with volume growth of 8.3 and 4.2 percent, res
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