Analysis of the global packaging ink market in 2005 (I)
the situation over the years is that the performance of packaging in the ink industry is better than that of publications. Driven by the development of flexible packaging and radiation curing, ink manufacturers continue to find market opportunities
the data collected by the National Printing Ink Manufacturers Association (NAPIM) in the first half of 2005 shows the changes in the market. According to the data of NAPIM, after proper heat treatment process and adding its mechanical function, compared with the first half of 2004, the total amount of packaging ink fell by 1.4%, while the sales increased by 1.5%, reflecting the decision of ink manufacturers to raise prices because of higher raw materials and operating costs
according to Jim Coleman, executive director of NAPIM, there is a lot of good news in most packaging ink businesses. The total amount of sheet fed ink decreased while the sales increased. The price of gravure printing solvent rises faster than the total volume. The largest profit was made on flexographic printing solvents, with a total increase of 5.1% and sales increase of 6.6%. The only bad news is that water-based flexographic printing inks suffered a 5% decline in total volume and a 2.5% decline in sales, which is due to the challenges faced by the corrugated and folding carton business
further price increases are imminent. Flint ink company announced that as of October 1, the price of its packaging ink increased by 6% to 10% depending on the type. The additional cost of 4 cents per pound has also been appropriately invested to bear the higher transportation costs. Sun Chemical Company will raise the price by 9% to 12%, and will also invest additional fees in appropriate places
in the recent acquisition of the packaging ink subsidiary of SICPA by Siegwerk group, we can see such a clear signal: the packaging ink market has great prospects. Through this acquisition, Siegwerk group became the second largest packaging ink manufacturer, with sales of 613 million euros
siegwerk Group Chairman and CEO Herbert Forker said, "this acquisition is a key step for Siegwerk group, as a global business, to consolidate its global market and configuration. Now we can supply customers in any country in the world and provide them with application technology support. This also makes us an interested partner of major brand companies."
for all packaging ink manufacturers, there are a lot of opportunities to make their products and services stand out. Every day, it seems that new packaging applications are emerging, and these usually require unique technology
for ink companies, developing new products and providing high-quality services are the key to continuous success in the packaging market
2004 packaging market
as consumer goods companies pay attention to attracting customers, the packaging market continues to flourish
according to Richard Pettifor, President of North American packaging ink business department of Sun Chemical Company, the strong economy of the United States continues to promote the growth of the packaging market, especially flexible plastics and hard plastics
Pettifor said, "most of the growth is attributed to the desire of brand owners for increasingly refined, attractive and innovative packaging." He added that this improved their ability to compete in the retail industry. At the same time, processors require efficiency, including optimizing printing speed, to help them face excess production capacity in the industryPettifor said that the global packaging industry is also growing, especially in those areas that are rapidly developing and supply increasing domestic demand and increasing export packaging needs
Mike impastato, vice president of market development, North American liquid packaging branch of flint ink company, said: "On the whole, the packaging market is making good progress. Even if the entire North American printing market gradually stops growing, the packaging market has always been an area of growth and technological innovation. However, insiders have to bear in mind that even as packaging consumption is rising, everyone in the domestic manufacturing industry is facing a threat to compete with it, because external procurement is becoming more and more common."
it is worth mentioning that flexible packaging and radiation curing are two areas with strong growth
impastato said, "flexible packaging has always been the main growth field, and the bottle packaging and heat shrinkable sleeve label market is the highest growth field. Radiation curing products also continue to gain momentum."
Pettifor said, "in terms of flexible packaging, bottle packaging, self-supporting bags, drug packaging and heat shrinkable sleeve labels have all shown the largest growth, while in the flexible packaging Association (FPA for short) In the 2005 industry report, drug packaging made by processors was listed as the number one growth area. The same report also shows that imports have increased by 11% in the past four years. Another study pointed out that until 2008, the North American rigid plastic food packaging market had an average annual growth rate of 5.8%, which was also beneficial to the labeling sector, because many such packages used labels. "
Gordon Mackenzie, vice president and business manager of SICPA North America packaging group, said that the largest growth in the packaging industry occurred in flexographic printingMackenzie said, "many new high-speed printing machines are being installed, and there are great improvements in graphic printing, although this in turn will increase costs and require more technology in the processing process." Pettifor said that in terms of paper packaging, the market is expected to be stable, with a large number of mergers among processors, and the threat of imported paper packaging containers is also increasing. He added that the use of better graphic printing technology and some digital printing technology has brought added value to the paper packaging sector. Industry reports showed that corrugated box shipments in the United States fell by 3.6% in August. At the same time, according to the paper packaging Association, the shipments of folding cartons increased by 2.1% in the first half of this year
impastato said: "The corrugated packaging market is flat, with an increase in GDP at most, but it will always exist in the packaging market. Driven by the continuous transfer of hard packaging to flexible packaging and some external procurement, the folding carton market is currently stable or in a declining state. Folding carton has some main uses, but it will not be controllable annually. Another sharp contraction in costs will be a growth field, unless some unpredictable technology Innovation can invigorate the market. "
color flexible packaging
for printers and ink companies, flexible packaging has become the most vibrant field. In recent years, due to the low cost, improved graphic printing technology and the need of small batch production, gravure printing has significantly shifted to flexographic printing. However, digital printing may soon begin to grab market shareImpastato said that the continuously improved graphic printing capacity and a good cost structure have helped flexography take market share from gravure printing. However, he added that the pace of this change has slowed down and will continue to slow down, because most of it has been transferred According to Pettifor, a recent study by gamis shows that nearly 80% of the flexible packaging market uses flexographic printing technology. The same study also shows that due to the growth in the use of digital printing, flexographic printing and gravure printing used in flexible packaging may experience a slight decline. Pettifor pointed out that although digital printing has a small market share, it has real potential if the technology develops rapidly
pettifor said, "gravure printing does provide excellent printing quality and is competitive in mass production. However, flexographic printing has been narrowing the distance with gravure printing quality, and the cost is low for small to medium printing volume."
Mackenzie said: "We have noticed that flexographic printing continues to capture market share from gravure printing. The technical index of permeability refers to the water vapor dispersion resistance. Flexographic printing is more competitive. For gravure printing, it needs a simpler process and requires less human input. It must challenge those aspects that have no cost competitiveness. The most important aspect is coloring. In this regard, the cost of ink is higher than that of flexographic printing Typical printing is 30% to 40% higher. There is no reason for this to be the case all the time. It's just a matter of historical order. "