Light-changing packaging ink changes its color when exposed to sunlight, which is best suited for food & beverage. The packaging ink is used in various food product packaging such as labels, in-molds, film, etc. It is one of the light-changing packaging inks that rapidly changes in terms of photochromic performance and its colors when exposed to sunlight. Photochromic is available in a range of color-changing inks that react to any variation when exposed to sunlight. Also, thermochromic is another color-changing ink that changes color to temperature variations. These color-changing inks are widely preferred by industries such as healthcare, food & beverages, cosmetics, and others.
MARKET DYNAMICS
The Light-changing packaging inks market has witnessed significant growth due to growing packaging ink market, flexible packaging and narrow web and labels market. Moreover, increasing disposable income and growing usage of light-changing packaging inks in food & beverage industry provide a vast market opportunity for the key players operating in the Light-changing packaging inks market. However, the high operating cost and decline in ink manufacture industry is projected to hamper the overall growth of the Light-changing packaging inks market.
MARKET SCOPE
The "Global Light-Changing Packaging Inks Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Light-changing packaging inks market with detailed market segmentation ink type, material type application and geography. The global Light-changing packaging inks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Light-changing packaging inks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Light-changing packaging inks market is segmented on the basis of ink type, material type and application. On the basis of ink type, the global Light-changing packaging inks market is divided into photochromic ink, thermochromic ink, sunlight ink and others. On the basis of material type, the market is divided into paper & paperboard, flexible plastic, rigid plastic, glass, metal and others. On the basis of application, the global Light-changing packaging inks market is divided into cosmetics & toiletries, food & beverages, healthcare and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Light-changing packaging inks market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Light-changing packaging inks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Light-changing packaging inks market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Light-changing packaging inks market in these regions.
MARKET PLAYERS
The reports cover key developments in the Light-changing packaging inks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Light-changing packaging inks market is anticipated to lucrative growth opportunities in the future with the rising demand for Light-changing packaging inks in the global market. Below mentioned is the list of few companies engaged in the Light-changing packaging inks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Light-changing packaging inks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
CTI
Bright Spot CTI
Sun Chemical Group
Videojet Technologies, Inc.
Others
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