Low Migration Inks Market is forecast to exceed USD 480 million; according to a new research report.

Transforming lifestyle and rising disposable income has increased the processed food packaging demand across the global over the recent years, which will surge the demand for low migration inks in the food packaging sector. Moreover, increasing industrialization in emerging countries is the major factor that will boost the demand for low migration printing inks. This is mainly due to continuous supply of printing inks for label & tagging purpose and budding food delivery services, where packaging material for products forms a vital component of the businesses for transporting goods. Low migrating property of these inks coupled with its low VOC emission levels makes its favorable for various end-use industries such as pharmaceuticals, tobacco & alcohol, personal care products in addition to food and beverage industry. Likewise, their ability to print on thin films such as polyester, nylon and polyethylene makes them favorable in packaging businesses.

Furthermore, favoring regulations for food packaging in North America & Europe will further drive the low migration inks market in the near future. For instance, as per Food and Drug Administration (FDA) low migration inks can be used for the food packaging materials in the U.S. This will increase the demand for product in the region.

Price volatility of raw materials coupled with high product cost and numerous environment regulations may affect the product market size. Moreover, lack of formulated norms and regulations with its usage in various regions including South America, Africa, Asia and Middle East may restrain the growth of low migration printing inks over the coming years. Nevertheless, there escalating usage in personal care, pharmaceuticals and other labelling applications will drive the product market during the forecast timeframe.

On the basis of printing process, the product market is divided into flexography, digital, offset, and gravure. Gravure printing process holds a reasonable share in the product market and is likely to grow with a CAGR over 6% annually during the projected timespan. This printing process is preferred over flexography printing as it offers high profitability at minimal installation cost. Moreover, its usage in printing tags and labels, wrapping paper and wallpaper, will directly increase the demand of the product in the near future.

Based on end-user industries, the low migration inks market is classified into food & beverages, pharmaceuticals, personal care and others that mainly includes labelling of alcohols and tobacco. Personal care industry holds a fair share more than 15% in the product market and is growing with a considerable rate of CAGR by 2025. Low migration printing inks ability to restricts the ink particles onto the surface of the package makes it favorable for personal care industry.

Asia Pacific will likely generate a revenue close to USD 100 million in 2025, owing to rapid industrialization, low raw material cost and production cost in the region. Moreover, flexible investment norms in the region will also drive the demand for low migration printing inks for various end-use industries.

Several key competitive players account for the overall low migration inks market size. The main players include Sun Chemical Corporation, Altana, Agfa-Gevaer, Siegwerk Druckfarben, Toyo Inks, Huber Group, Flint Group, INX International, Epple Druckfarbe, and Zeller+Gmelin, and Marabu GmbH.

Low migration inks research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in tons and revenue in USD million from 2014 to 2025, for the following segments:
Low Migration Inks Market, Printing Process by End-user Industry
o Flexography
? Food and beverage
? Pharmaceuticals
? Personal care
? Others
o Digital
? Food and beverage
? Pharmaceuticals
? Personal care
? Others
o Offset
? Food and beverage
? Pharmaceuticals
? Personal care
? Others
o Gravure
? Food and beverage
? Pharmaceuticals
? Personal care
? Others
Low Migration Inks Market, by End-user Industry
? Food and beverage
? Pharmaceuticals
? Personal care
? Others
The above information is provided on a regional and country basis for the following:
o North America
? U.S.
? Canada
o Europe
? Germany
? UK
? France
? Spain
? Italy
? The Netherlands
? Belgium
o Asia Pacific
? China
? India
? Japan
? South Korea
? Malaysia
? Australia
o Latin America
? Brazil
? Mexico
o Middle East & Africa
? South Africa
? UAE
? Saudi Arabia