Processed food to boost rotogravure printing inks demand
According to a report by Persistence Market Research, the steady growth in packaging and the increasing demand for processed foods is expected to drive the global rotogravure printing inks market growth.
26 Jun 2021 | 1424 Views | By WhatPackaging? Team
The market has been gaining momentum worldwide on account of its low per-unit cost and high-quality image reproduction. The increasing consumption of flexible packaging supported by rising demand from end-use segments such as package printing, magazines and other such commercial applications in China and India is expected to propel the markets in the forecast period. Thus, growing consumption in the Asia-Pacific region is expected to be a major driver.
However, certain issues on drying rates and performance to cost among other factors, have been associated with water-based rotogravure printing inks. Besides this, the solvent-based formulations for rotogravure printing inks pose serious environmental concerns. These factors are expected to act as an impediment to the growth of the market. On the other hands, the rotogravure printing inks market is also set to witness steady growth due to rapid urbanisation and growth of the FMCG sector.
The global rotogravure printing inks market leaders include Sun Chemical Corporation, Dainichiseika Color and Chemicals, Tokyo Printing Ink Manufacturing, Huber group Deutschland, Toyo Ink, Sakata Inx Corporation, Siegwerk, and Wikoff Color Corporation among others.
Click here for more details.