Rigid Plastic Packaging Ink Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
One of the key trends that emerged between 2018 and 2022 was the growing popularity of water-based inks and UV-cured inks, both of which are considered more environmentally friendly than traditional solvent-based inks. These inks offer better adhesion, faster drying times, and improved print quality, making them highly sought after by manufacturers in various industries. As a result, the market for rigid plastic packaging inks grew at a compound annual growth rate (CAGR) of around 4.5% during these years, reaching an estimated market value of USD 7.5 billion by the end of 2022.
However, looking ahead from 2023 to 2033, the market dynamics are expected to evolve further. The demand for rigid plastic packaging inks will likely experience continued growth, though at a slower pace compared to the previous period. Factors such as increased environmental awareness, the continued push toward recycling, and the growing popularity of bio-based and sustainable inks will shape the future of this market. More companies are expected to adopt digital printing technologies, which will further drive the demand for inks that offer high color accuracy and durability.
As the market adapts to the demands of sustainability, we can expect innovations in ink formulations that offer even better performance and reduced environmental impact. Moreover, packaging manufacturers will likely increase their investments in R&D to develop inks that can work seamlessly with emerging plastic materials and printing technologies. The Asia Pacific region will continue to be a dominant player in this market, with countries like China and India driving the demand for both rigid plastic packaging and high-quality printing solutions.
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The global rigid plastic packaging ink market has experienced substantial growth between 2018 and 2022, driven by the increasing demand for sustainable packaging solutions and the rising adoption of rigid plastic packaging in various sectors such as food, beverages, and consumer goods. This period marked a significant shift in packaging preferences, with manufacturers focusing on improving the quality and performance of inks used in plastic packaging. The global shift toward eco-friendly packaging materials, fueled by both consumer preferences and stricter environmental regulations, helped boost the market for packaging inks during this period.
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Eastman Kodak (U.S.)
Quantum Print and Packaging (U.K.)
Toppan Printing (Japan)
Quad/Graphics (U.S.)
Traco Manufacturing (U.S.)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Rigid Plastic Packaging Ink Market
Food & Beverage
Cosmetics
Pharmaceutical
Based on Types the Market is categorized into Below types that held the largest Rigid Plastic Packaging Ink market share In 2023.
Paper and Cardboard
Plastic
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Rigid Plastic Packaging Ink Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Rigid Plastic Packaging Ink Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Rigid Plastic Packaging Ink Market, By Type
6. Global Rigid Plastic Packaging Ink Market, By Application
7. Global Rigid Plastic Packaging Ink Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Rigid Plastic Packaging Ink Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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