Reports
The global metallic printing inks market is expected to witness strong growth during the forecast period between 2021 and 2031.
Metallic printing inks are inks that contain metal particles. After the printing process, when the metallic inks are allowed for drying, the particles rise to the surface and reflect light, which develops a metallic sheen.
Some of the common metals used to produce metallic inks include bronze, aluminum, zinc, and copper. Metallic inks have been found to possess features such as hiding power and the ability to adapt to various printing systems.
These product features are expected to fuel the demand and contribute to the growth of the overall metallic printing inks market, in future.
Metallic printing inks have been found to be suitable for printing on paper, metals, and boards and have been deployed for digital printing purposes, as well.
Rising trend of purchasing different products over e-commerce websites is the key growth driver for the global metallic printing inks market.
Also, growing packaging industry in leading economies globally is expected to fuel the growth in the overall metallic printing inks market, in the coming years.
Increasing demand for unique printing inks from different industries is anticipated to propel the global metallic printing inks market, in the years ahead.
Packaging application segment is expected to make the largest contribution to the overall metallic printing inks market because of increased demand for food packaging and rising trend for digital data printing on the packages containing food, to display the ingredients and shelf-life of the product.
Solvent-based formulation segment is expected to contribute the most to the overall market because of high demand in the production of packaging materials, globally.
The global metallic printing inks market is highly competitive, with the presence of several well-established market players, many of whom have become successful owing to years of delivering consistent results.
Many of these players are expected to account for a large share in the overall market, in the years ahead.
Research and development activities to produce improved quality of product could be a key growth strategy for prominent metallic printing inks market, in the coming years.
Well-established metallic printing inks market players could engage in growth strategies such as novel product launches in a bid to gain a competitive edge over others.
Leading market player Sun Chemical Corporation launched a new product named ‘ElvaJet Topaz SC’, in March 2022, with the objective to deploy them extensively in the textile and sublimation industries.
Leading metallic printing inks market players could collaborate with smaller players in a bid to expand their market presence and increase their revenue shares.
Some of the leading players in the global metallic printing inks market include Sun Chemical Corporation, Flint Group, Superior Printing Inks, and Altana AG.
The global metallic printing inks market is divided into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.
Asia Pacific is anticipated to be the dominant region in the global metallic printing inks market because of growing textile industry in countries such as India, leading to increased demand for textiles printing which would contribute to market growth in the region.
North America is expected to offer lucrative growth opportunities for the global metallic printing inks market in future owing to developing commercial and packaging industries in countries such as US and Canada.
Europe is anticipated to witness strong growth in the overall metallic printing inks market due to increasing shipping demand in countries such as UK and Germany.
Other regions of the world such as Latin America and Middle East and Africa are expected to witness moderate growth in the metallic printing inks market, in the coming years.
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