What are Key Factors Fuelling Surge of Printing Inks Market in India and China?

The increasing popularity of ultraviolet (UV)-cured inks across the globe and the flourishing packaging industry are some of the major factors responsible for the growing demand for printing inks across the world. In the packaging industry, printing inks are being increasingly adopted in various applications such as metal cans, flexible materials, and tags and labels. Furthermore, the rising awareness regarding the incorporation of flexible printing products in directories, magazines, catalogs, inserts, and periodicals are significantly boosting the need for printing inks all over the world.

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Due to the above-mentioned factors, the global printing inks market is expected to exhibit huge growth in the coming years. Printing inks are extensively adopted in commercial printing, labels and packaging, and publication industries. Amongst these, the labels and packaging industry has been registering the significant usage of printing inks over the last few years. There are different types of printing inks available in the market— lithographic inks, gravure inks, flexographic inks, letterpress inks, and digital inks. Out of these, the utilization of lithographic inks was found to be very high in the past. 

One of the major trends currently being witnessed in the printing inks market is the rising popularity of flexography printing inks and increasing preference for eco-friendly printing inks throughout the world. This is mainly credited to the increasing customer spending power, changing lifestyles, and soaring awareness amongst the people about high quality flexible packaging materials. Furthermore, the increasing environmental damage caused by the usage of traditional printing inks, because of the toxic and inorganic materials present in them, are making people switch toward eco-friendly printing inks such as UV-cured and water-based printing inks.

Hence, it can be said with certainty that the sales of printing inks will escalate considerably all over the world in the coming years, mainly on account of their increasing requirement in the packaging industry and the burgeoning demand for flexible printing materials in various applications.

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