Market Size of Low Migration Ink Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 7.00 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Low Migration Ink Market Analysis
The market for low migration ink is expected to grow at a CAGR of greater than 7% globally. Major factor driving the market studied is the significant growth in food and beverage industry and rise in demand for personal care products. On the flip side, high cost of low migration ink compared to conventional inks and the unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.
- Development of new generation sheetfed UV low migration inks is expected to create new opportunities for the market to grow.
- The food & beverage industry is expected to dominate the end-user segment of global low migration ink market over the period on account of strict regulations laid by authorities and growing awareness of issues related to food packaging.
- Europe region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the consumption from countries such as United Kingdom, Germany, and France.
