The global low migration inks market size is expected to gain momentum owing to the increasing consumer awareness regarding the adverse effects of harmful chemicals used in production of printing inks during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Low Migration Inks Market, 2021-2028.” The usage of inks by businesses is increasing as a result of stringent regulations on printing inks designed to safeguard customers from any health hazards associated with contamination from printed food products and other substances. For instance, in February 2021, Toyo Printing Inks, a division of the Toyo Ink Group in Japan, announced the launch of LP-9000 Toyo Life Premium Food LO/LM, a new line of printing offset inks with low fragrance and migration.

COVID-19 Impact-

Due to enforced lockdowns and imposed limits in the response to the recent COVID-19 pandemic, various business activities have either been temporarily suspended or are operating with a minimal workforce. Market dynamics, competition, and worldwide supply chains have all been affected by Covid-19. Companies that improve their operations and strategy will be able to compete in the market.

Request a sample PDF (includes COVID-19 Impact Analysis):

www.fortunebusinessinsights.com/enquiry/request-sample-pdf/low-migration-inks-market-104203

Impact of Russia-Ukraine War Implication

The Russia-Ukraine war could change the market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

Segments-

By process, the market for low migration inks is segmented into flexography, gravure, offset, digital, and others. On the basis of application, the market is segregated into food and beverages, pharmaceuticals, cosmetics, and others. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa.

What does the Report Offer?

The report offers a comprehensive analysis of the companies operating in the market. The information is based on first-hand knowledge of the market, qualitative and quantitative analyses by market experts and feedback from industry leaders and participants across the value chain. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market.

Drivers & Restraints-

Increasing Demand in Food & Beverages Industry to Propel Growth

The increasing demand in the food and beverages sector is expected to boost the global low migration inks market growth during the forecast period. The growing popularity of food delivery services in these nations is driving up demand for high-grade packaging materials to protect food quality. The market is also influenced by the growing need for lightweight food and beverage packaging. These inks are preferred over traditional inks for branding and packaging in the food and beverages due to various restrictions. Owing to the presence of stringent regulations, printing companies are increasingly requesting low migration inks.

REGIONAL INSIGHTS

Stringent Laws Imposed by European Union to Aid Growth

Europe is expected to hold the largest global low migration inks market share during the forecast period. This is due to increasing demand for these inks from end-user sectors such as food and beverages, pharmaceuticals, and medicines. Besides, strict laws in the European countries regarding the usage of health friendly products across the food and beverage sector is likely to propel the demand for low migration inks.

Asia Pacific is anticipated to experience substantial growth in the market. Rapid industrialization, fueled by low costs of raw materials, cheap labor, and low production costs, is likely to fuel demand for the market in end-use industries like food and beverage, pharmaceuticals, and cosmetics and personal care.

Inquiry before buying:

www.fortunebusinessinsights.com/enquiry/queries/low-migration-inks-market-104203

Competitive Landscape-

Manufacturers to Focus on R&D Investments to Offer Advanced Products

The market is fragmented by the presence of several companies that are focusing on maintaining their presence. These companies are focusing on investing in research activities to ensure the development of their product portfolio. Other players are adopting proactive strategies to gain a competitive edge over their rivals.

Industry Development-

  • October 2019: Sun Chemical developed Sunjet, a novel low migration ink that complies with the Swiss ordinance’s annex, the Nestle criteria, for food packaging inks.

List of Key Players Profiled in the Global Market for Low Migration Inks:

  • Sun Chemical Corporation
  • Hubergroup Deutschland
  • TOYO INK
  • Agfa-Gevaert
  • Flint

Related Posts:

Exterior Wall Systems Market Size

Detergent Chemicals Market Share

Injection Molded Plastics Market Growth

Hydrogen Peroxide Chemical Indicator Market Forecast

Glycolic Acid Market Analysis

Acetone Market Opportunities

Exterior Wall Systems Market Trends

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower,

Baner – Mahalunge Road, Baner,

Pune-411045, Maharashtra, India.

 

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

Connect us via Social Media Channels:

LinkedIn  Facebook  Twitter Blogs