Flexible packaging Printing Ink Market in India - an Overview
- Author Neelakamal Mohapatra
- Published May 14, 2018
- Word count 366
Out of various kinds of printing inks, flexible packaging inks are gaining importance year after year due to their higher growth potential in India, particularly in the food (including snacks, confectionery, beverages, and dairy products etc.) and related segments such as pharmaceutical and hygiene segments.
As per our own experience, the printing ink market volume is growing around 8 to 12% per annum depending on various kinds of applications.
The current total flexible packaging ink production volume in India can be estimated to a figure of around 140000 Metric Tons per annum. Out of which, a majority of volume such as 70% is based on low cost toluene based on PVC/EVA (vinyl chloride-Vinyl acetate-vinyl alcohol/Ethylene vinyl Acetate type polymer) and toluene based Nitrocellulose based ink formulations for both plastic and paper substrates. Chewing tobacco packaged in paper/aluminum laminates is one of the major packaging applications (by Gravure printing process) in this low cost segment.
The other important printing ink segments are toluene based PVC/Polyurethane inks and nitrocellulose based wrap-around label inks. Both consist of around 8 – 12% of the total ink consumptions per annum. The nitrocellulose based foil inks consumption is nearly 5-7%.
Further, low volume ink types including non-toluene PVC/PU inks, inks for shrink film application, PP extrusion inks and CI Flexographic inks will be somewhere between 1-3% of the total flexible ink consumption per annum. It is important to note here that the European and US market predominantly use flexographic inks but majority of Asian flexible packaging market including Indian market use gravure inks.
In terms of various market segments, the ink share of food industry is 40% followed by personal care (35%), Health care (15%), hygiene (5%) and pharmaceutical (5%).
Considering various types of printers/converters, around 20% ink share is with organized sector, 25% is in semi-organized sector, 15% of total ink share per annum is with small converters and remaining share are with unorganized sectors.
As the packaging and printing ink regulation is expected to be stringent in the upcoming years followed by growing product safety awareness among the converters and consumers, a substantial shift from low cost toluene based inks market to regulatory compliance aromatic solvent free inks would be flexible packaging the market focus of the near future.
The author Mr. Neelakamal Mohapatra is a hardcore R&D and IPR personnel with 20 years of research experience in multitude of technology areas such as polymer synthesis, printing ink, lamination adhesive and coating formulations. For further information and clarification regarding this article please connect with the author via inknnovation707@gmail.com
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Baseball History
- Choosing the Best Wholesale Magnetic Lashes Supplier: 5 Things to Know
- Bullying and Your Teen's Reaction
- Best Stair Lifts for Home in the UK: A Complete Guide by Homelife Stairlift
- Why Exhibit at China International Consumer Electronics Exposition 2025
- Barbra Streisand: From Brooklyn to Hollywood Royalty.
- Meditation for Athletes
- My Lash Journey: Confessions of a Total Newbie
- How Does the U.S. Black Women’s Chamber of Commerce Champion Black Women-Owned Business Support and Development Nationwide?
- The Origin of Policeman's Heel: Uncovering the Name's History
- Why Foreclosure Defense Matters
- Why I’m Obsessed with Antique Armoires as Statement Home Bars
- The Sting: A Cinematic Con of Masterful Deception.
- Ranch Revival: Statement Doors & Artisanal Elegance
- Improving Foot Health with Toe Separator Socks
- The Pseudoscience of Reflexology: Fact or Fiction?
- Choosing the Right Wound Dressing: Foam, Hydrocolloid, and Alginate
- Charlie Chaplin: The Silent Genius Who Spoke to the World.
- Custom Domain Landing Page
- Christian Counseling A Unique Approach to Counseling
- Should You Do an Executive MBA After BBA Explained
- BBA Students Who Launched Million-Dollar Startups!
- Avatar: The Cinematic Revolution That Redefined Hollywood.
- How Does the U.S. Black Women’s Chamber of Commerce (USBWCC) Empower Black Women Entrepreneurs?
- Free Test Management Tools: Top Picks for QA 2025
- How to Get Placed FAST After BBA! Must-Know Tips!
- Exploring the Effectiveness of Magnetic Insoles
- The Top 5 Industries That Hire BBA Graduates
- How to Build a Personal Brand as a BBA Student!
- Wellness for Athletes