Market Overview:
The global light-changing packaging inks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for innovative and sustainable packaging solutions across various industries, such as healthcare, food & beverages, cosmetics, and others. In addition, the growing awareness about environmental protection is also propelling the demand for light-changing packaging inks globally. Based on type, metal inks are expected to lead the global light-changing packaging inks market during the forecast period from 2018 to 2030. This can be attributed to their properties such as high resistance against abrasion and chemicals along with good adhesion properties that make them suitable for use on a wide range of substrates including metals and plastics.
Product Definition:
Light-changing packaging inks are used to print images or text that can change color when exposed to different types of light. This type of ink is often used for advertising or marketing purposes, as it can attract attention and create a visually appealing effect.
Metal:
Metal is an essential raw material in the production of light-changing packaging (LCPI) inks. LCPI inks are used for printing decorative labels and packages on flexible packaging materials such as plastic films, aluminum foils, and paper. The growth factor of metal LCPI ink depends upon the application industry which includes food & beverages, personal care & cosmetics, pharmaceuticals among others.
Paper:
Paper is a material made from cellulose fibers that are extracted from natural sources. Cellulose, the primary raw material used in the manufacturing of paper, can be sourced from either wood or non-wood sources. Paper produced from wood has an added value called ‘green strength’ which refers to its ability to hold together when wet and thus making it more suitable for printing on as well as writing and drawing purposes.
Application Insights:
The beverages application segment led the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for packaged drinks, especially from developing countries such as India and China. In addition, increasing use of flavored packaging materials is expected to drive product demand in beverages applications over the next eight years.
The healthcare sector was one of the major consumers of these products last year; however this sector is likely to lose some share due largely on account of declining usage rates for liners and labels across various segments including pharmaceuticals and medical devices among others. Increasing usage rate for heat-sensitive paper labels particularly in food processing industries will remain a key driving factor for this industry over the forecast period as well.
Regional Analysis:
Asia Pacific dominated the global light-changing packaging inks market with a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for convenience products and changing lifestyles. Increasing disposable income coupled with growing consumer awareness regarding health & safety issues is also likely to drive product demand in this region.
Europe was another major shareholder of the industry and accounted for more than 20% of total market volume share in 2017 due to rising R&D activities by key players, along with technological innovations across industries including healthcare, food & beverages, cosmetics among others that are driving product adoption across countries such as Germany, France Italy Spain U.K.
Growth Factors:
- Increasing demand for light-changing packaging inks from the food and beverage industry as a result of the growing trend of product personalization.
- Rising demand for security printing applications, owing to the increasing incidence of counterfeiting and product piracy.
- Growing popularity of light-changing inks in labels and tags due to their ability to provide an instant visual confirmation that the product is authentic.
- Increasing use of light-changing inks for promotional purposes, as they can create a visually appealing effect that attracts consumers’ attention.
- Technological advancements that lead to development of new and more efficient light-changing ink formulations, making them more affordable and accessible to a wider range of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Light-Changing Packaging Inks Market Research Report
By Type
Metal, Paper, Plastic, Glass, Others
By Application
Healthcare, Food, Beverages, Cosmetics, Others
By Companies
Sun Chemical Group, CTI, Videojet Technologies, Bright Spot CTI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Light-Changing Packaging Inks Market Report Segments:
The global Light-Changing Packaging Inks market is segmented on the basis of:
Types
Metal, Paper, Plastic, Glass, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Food, Beverages, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sun Chemical Group
- CTI
- Videojet Technologies
- Bright Spot CTI
Highlights of The Light-Changing Packaging Inks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal
- Paper
- Plastic
- Glass
- Others
- By Application:
- Healthcare
- Food
- Beverages
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Light-Changing Packaging Inks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Light-changing packaging inks are a type of ink that change color when exposed to light. They are used in products such as food and beverage containers, cosmetics, and toys.
Some of the major players in the light-changing packaging inks market are Sun Chemical Group, CTI, Videojet Technologies, Bright Spot CTI.
The light-changing packaging inks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light-Changing Packaging Inks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Light-Changing Packaging Inks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light-Changing Packaging Inks Market - Supply Chain
4.5. Global Light-Changing Packaging Inks Market Forecast
4.5.1. Light-Changing Packaging Inks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light-Changing Packaging Inks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light-Changing Packaging Inks Market Absolute $ Opportunity
5. Global Light-Changing Packaging Inks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Light-Changing Packaging Inks Market Size and Volume Forecast by Type
5.3.1. Metal
5.3.2. Paper
5.3.3. Plastic
5.3.4. Glass
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light-Changing Packaging Inks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Light-Changing Packaging Inks Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Food
6.3.3. Beverages
6.3.4. Cosmetics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light-Changing Packaging Inks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Light-Changing Packaging Inks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Light-Changing Packaging Inks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Light-Changing Packaging Inks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Light-Changing Packaging Inks Demand Share Forecast, 2019-2026
9. North America Light-Changing Packaging Inks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Light-Changing Packaging Inks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Light-Changing Packaging Inks Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Food
9.4.3. Beverages
9.4.4. Cosmetics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light-Changing Packaging Inks Market Size and Volume Forecast by Type
9.7.1. Metal
9.7.2. Paper
9.7.3. Plastic
9.7.4. Glass
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Light-Changing Packaging Inks Demand Share Forecast, 2019-2026
10. Latin America Light-Changing Packaging Inks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Light-Changing Packaging Inks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Light-Changing Packaging Inks Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Food
10.4.3. Beverages
10.4.4. Cosmetics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light-Changing Packaging Inks Market Size and Volume Forecast by Type
10.7.1. Metal
10.7.2. Paper
10.7.3. Plastic
10.7.4. Glass
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Light-Changing Packaging Inks Demand Share Forecast, 2019-2026
11. Europe Light-Changing Packaging Inks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Light-Changing Packaging Inks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Light-Changing Packaging Inks Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Food
11.4.3. Beverages
11.4.4. Cosmetics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light-Changing Packaging Inks Market Size and Volume Forecast by Type
11.7.1. Metal
11.7.2. Paper
11.7.3. lastic
11.7.4. Glass
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Light-Changing Packaging Inks Demand Share, 2019-2026
12. Asia Pacific Light-Changing Packaging Inks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Light-Changing Packaging Inks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Light-Changing Packaging Inks Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Food
12.4.3. Beverages
12.4.4. Cosmetics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light-Changing Packaging Inks Market Size and Volume Forecast by Type
12.7.1. Metal
12.7.2. Paper
12.7.3. Plastic
12.7.4. Glass
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Light-Changing Packaging Inks Demand Share, 2019-2026
13. Middle East & Africa Light-Changing Packaging Inks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Light-Changing Packaging Inks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Light-Changing Packaging Inks Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Food
13.4.3. Beverages
13.4.4. Cosmetics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light-Changing Packaging Inks Market Size and Volume Forecast by Type
13.7.1. Metal
13.7.2. Paper
13.7.3. Plastic
13.7.4. Glass
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Light-Changing Packaging Inks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light-Changing Packaging Inks Market: Market Share Analysis
14.2. Light-Changing Packaging Inks Distributors and Customers
14.3. Light-Changing Packaging Inks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sun Chemical Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CTI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Videojet Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bright Spot CTI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
