Emerging markets drive demand for global packaging coatings

According to analysts at Visiongain, the global market for packaging coatings, inks and additives will reach $15.27 billion this year. The main driver is the growing demand for packaging in emerging markets.

According to the company, the packaging coatings, inks and additives market will continue to grow in the next 10 years, on the one hand because of the increased demand for packaging in emerging market consumers, and on the other hand because the packaging industry in mature markets hopes to pass Add some points to the market with innovative coatings, inks and additives.

The author of Huixin's "Packaging Coatings, Inks and Additives 2012-2022 Market Report" said that the demand for packaging coatings, inks and additives is closely related to the demand for packaging. As emerging markets develop healthier, the demand for different applications of packaging will increase the demand for packaging coatings, inks and additives. Innovations in this industry and the efforts of practitioners in mature markets will also drive demand for packaging coatings, inks and additives.

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