As the packaging market continues to expand globally, packaging ink manufacturers are enjoying growth, although higher raw material prices and consolidation remain concerns.
Despite rising raw material costs, the flexo ink market had another strong year in 2006, driven in part by the introduction of new performance-based products in the flexible packaging market.
Kerry Pianoforte, Ink World Associate Editor 03.13.07
A health scare in Italy last year over traces of in infant milk products has focused unprecedented attention in Europe on the safety of food packaging inks.
Expansions in printing on flexible packaging, particularly plastic, are opening up new opportunities for ink makers but are also offering technological challenges.
The expanding packaging market is providing ink companies with the opportunity to develop new technologies and differentiate their products and services.
The outlook for the flexo ink market continues to look strong as flexo makes further inroads in the packaging industry and new applications are being developed.