New technologies are helping to drive the growth in the packaging ink segment.
David Savastano, Editor05.15.17
The packaging printing market is one of the strongest growth areas in printing. Ink World estimates that packaging makes up approximately $8 billion of the $20 billion global ink market, split fairly evenly between flexo, gravure and packaging sheetfed inks, with digital printing growing in use.
Depending on what part of the world the package is being printed, the primary process will differ. Flexo is the leading packaging process in North America, while gravure is dominant in the Asia-Pacific region. Flexo is making gains in Europe and Asia-Pacific. Also, digital printing is expanding, as inkjet is increasing in label and narrow web applications as well as making new inroads in corrugated.
Packaging ink manufacturers continue to see growth in the market.
“There has been an increasing demand for flexible packaging, including new types of packaging materials,” Siegwerk CEO Herbert Forker noted. “Siegwerk has seen an interest from our customers in creating eye-
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