Analysis of packaging ink market in 2010

2022-06-14
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Analysis of packaging ink market in 2010

the field of packaging ink has achieved significant growth in 2010, and ink manufacturers are also full of hope for the future

for ink manufacturers, 2009 is a year full of the challenge of having to ensure that the system warms up for more than 20 minutes, but on the whole, packaging ink is better off than publishing and commercial ink

some people in the industry also feel the growth momentum of packaging ink in 2010 and predict that this growth will continue into 2011

flint

Michael impastato, vice president of strategic marketing for the packaging and narrow range ink business of Flint Group, said: 2010 is definitely much better than 2009. At the beginning of 2009, almost everyone was struggling on the edge of life and death. Most customers reduced their inventory between the end of 2008 and the beginning of 2009. Everyone is worried about inventory and reduces the investment in fixed assets as much as possible. It was not until mid - 2009 that the situation eased

however, the situation has reversed since the beginning of 2010. Every time after the holiday, the market demand will increase, and the market as a whole is developing in a positive direction. North America has begun to recover from the economic recession, but it has not yet reached the level before the economic crisis. It may take until the end of 2010 or the beginning of 2011 for the North American market to completely emerge from the economic crisis. The situation is basically similar in most Western European countries. Eastern European countries have basically eliminated the impact of credit tightening policies and began to show strong growth, while the growth rate of Asia and India has always been impressive

Sun Chemical

Michelle Hearn, marketing manager of packaging ink of Sun Chemical North America ink company, said: Overall, the packaging market has achieved growth in 2010, and with the economic recovery, we expect this growth momentum to continue into 2011

Wikoff color

Dr. don Duncan, R & D Manager of Wikoff color, said: packaging printing has rebounded in the past 12 months, but it has not returned to its ideal state. In the deep recession of the economy, the growth of packaging and printing (flexible packaging and folding cartons) has been close to zero. Fortunately, there has been a slight growth last year, and the profits of packaging and printing plants have also improved

Bryce Kristo, chief financial officer and senior vice president of INX international ink, said: we felt the growth of packaging demand in the second quarter of 2009 and continued to benefit in the first half of 2010. To a large extent, our packaging customers are on the right track

Color resolutions international

George sickinger, President and CEO of color resolutions international, said: in the United States, the growth of packaging and packaging ink is basically normal, which can not be regarded as strong, but it can be justified. In the first quarter of this year, packaging ink also achieved a certain growth, but the momentum weakened in the second quarter. Business growth in Mexico and Latin America is strong, and I don't know why, but obviously they have not been affected by the U.S. economic crisis

Toyo ink

according to Yu Adachi, corporate communications specialist of Toyo ink, Japan's demand for food packaging ink is relatively stable, and the enhancement of consumers' awareness of environmental protection has also increased the sales of non toluene ink and water-based ink. From the overseas market, the sales volume decreased in the first half of this year, but from the second quarter, the demand for food packaging ink in China and Southeast Asia increased again

market analysis

the packaging industry is facing a diversified market, and their impact in the economic recession mainly depends on whether they belong to the necessities of consumers. People's basic daily necessities and food are least affected by the economic crisis, while luxury goods are vulnerable to the economic environment. Worldwide, the sales volume of flexible packaging decreased by%, while the sales volume of corrugated packaging decreased by%. In 2009, some high-end packaging encountered the continuous innovation and brand-new appearance of plastic film blowing machine manufacturers, and entered a new development stage. However, all types of packaging increased to a certain extent on the basis of the first half of 2009

commercial printing enterprises, especially ordinary commercial printing plants dominated by sheet fed printing, seem to have suffered the most from the economic crisis and are unlikely to return to the level before the economic crisis. Some commercial printing enterprises are now involved in the label market, which indicates that the packaging market is likely to become a safe haven for commercial printing enterprises encountering overcapacity. However, we do not know whether this will have an impact on the packaging field and whether the transformation of these enterprises can be successful

nevertheless, the prospect of the packaging market is still bright, and it is expected to continue to grow in the fields of narrow flexo printing, flexible packaging and inkjet. Of course, environmentally friendly ink is also an area of great interest

the growth potential of food packaging is still great, whether it is soft packaging or folding carton. In a word, packaging will be impacted by the environmental protection movement. Reducing the weight and size of packaging has become a general trend. However, advertising on packaging is of great significance to the growth of food sales. Therefore, food manufacturers still hope to get high-quality and reliable food packaging

in the Asia Pacific region, the use of environment-friendly products is also increasing. The demand for gravure inks for food packaging in China and Southeast Asia continues to grow, while the sales of environmentally friendly inks are also rising sharply

mergers and acquisitions in the packaging industry

in order to further increase the challenges faced by ink manufacturers, mergers among packaging enterprises have become more and more frequent. Although mergers and acquisitions have decreased in the economic recession, large-scale mergers and acquisitions emerged one after another last year. The most striking thing is that Amcor, Australia's largest packaging company, bought part of the packaging Department of Alcan under the global aluminum giant Rio Tinto for $2 billion. It is reported that the assets acquired by Amcor include Alcan's tobacco packaging, pharmaceutical packaging industry and its food packaging industry in Europe and Asia

for ink manufacturers, customers'm & A can bring them valuable opportunities. In the field of packaging, customers'm & A behavior is an integral part of market dynamics, which will not change in the short term, and the biggest challenge brought by these changes to ink suppliers is to let them learn to choose the right partners. If they choose the right one, they can achieve strategic success

the merger of packaging enterprises is not as common as that in the field of commercial printing, but it is enough to attract everyone's attention. The impact of business merger will permeate the whole industry, and it is gratifying that ink manufacturers can seize more opportunities in turbulent times

new ink technology

in terms of new technology, packaging printing plants also enjoy new opportunities brought to them by ink manufacturers, both traditional printing plants and digital printing plants

digital printing will continue to develop at a high speed, which will increase the threat to traditional ink companies. The market investment in flexographic printing equipment is increasing steadily, and it can enable packaging enterprises to complete live parts conversion faster at the design speed. The long-term lack of technicians has led to a higher and higher degree of automation of the printing process. Offset printing and gravure printing are basically at a standstill

ink manufacturers are also actively developing new products to meet the high-end requirements of customers. Wikoff recently launched the first batch of EB lithography inks certified by G7. The ink can be used in the soft packaging of food, and the color can be more stable. INX international ink has launched a new synergy III high-performance adhesive coating ink to clean the dust and sundries in the electrical box. It can be used with various solvent-based and less solvent-based adhesion systems to help printing enterprises improve printing adaptation and reduce ink inventory

in addition, Sun Chemical has been committed to helping printing enterprises maintain competitiveness, develop business and achieve success, and will analyze market trends according to customer needs and provide them with reasonable solutions

price and supply of raw materials

the impact of price and supply of raw materials on packaging ink manufacturers will continue until 2011. The rising price of raw materials in the economic recession has brought heavy pressure to ink manufacturers, and the problem of paper shortage is becoming more and more serious. Several well-known ink manufacturing enterprises have recently announced price increases, but few specific implementers are mainly afraid of losing customers. However, the ink manufacturing industry will implement a price increase at the end of this year, and the rising cost of raw materials and supply shortage will become the main problems people will face in 2011

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