The market for packaging inks remains strong, with water-based, solvent-based, sheetfed and UV/EB inks all having their areas of growth.
David Savastano , Editor05.01.13
The packaging field remains the strongest area of growth in printing, and the numbers of consultants and trade associations appear to back this up. For example, in its report, The Future of Packaging in North America to 2017, Smithers Pira estimates that the North American packaging industry had sales of $169.1 billion in 2012, with an estimated growth to $186 billion by 2017.
In terms of segments, the Flexible Packaging Association (FPA) estimates in its FPA Flexible Packaging Industry Segment Profile Analysis that the U.S. flexible packaging market was $26.7 billion in 2012. By contrast, the FPA reported that 2001 flexible packaging sales in the U.S. were $19.5 billion, or a nearly 37% growth rate during the past 11 years.
For corrugated printing, the Association of Independent Corrugated Converters puts corrugated packaging sales at $21 billion for 2012. On the folding carton side, the Paperboard Packaging Council estimates North American sales at $8.8 billion, with an ave
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