Global Rigid Plastic Packaging (RPP) Inks and Coating Market 2017-2021

Overview of the global rigid plastic packaging (RPP) inks and coating market

According to Technavio's market research report, the global rigid plastic packaging (RPP) inks and coating market will grow at a CAGR of more than 5% during the forecast period. The increasing demand for RPP inks and coating from the healthcare industry is one of the key drivers that will stimulate growth in the market from 2017 to 2021. The healthcare industry is witnessing rapid growth due to the rising number of patients suffering from hospital-acquired infections such as methicillin-resistant staphylococcus aureus and sexually transmitted diseases such as human immunodeficiency virus (HIV) and acquired immune deficiency syndrome (AIDS). This boosts the demand for high-quality packaged products to pack various medical goods such as prefillable syringes. The rising focus on patient care and research and developmental activities in the healthcare industry will fuel the demand for high-performance delivery RPP materials. CR-13/16, CR-20, VL-16, and VLR-60 are some of the pharmaceutical RPP container products that are used to store medicines.

The US is the major contributor to the market in North America due to the growth in household care and food and beverages industry. The demand for rigid plastic packaging inks and coating materials will continue to increase in the region due to the availability of several types of innovative detergents such as phosphate-free automatic detergents, energy-efficient detergents, and bleach-free detergents.

Competitive landscape and key vendors

The market is characterized by the presence of several global and regional players and is extremely competitive. These vendors adopt strategies such as mergers and acquisitions to expand their geographical presence. Additionally, they are also trying to gain a competitive edge over their competitors by investing highly in research and developmental activities and technological developments for new product innovations.

Key vendors in this market are -

• AkzoNobel
• Flint
• PPG Industries
• Sun Chemical
• The Valspar

Other prominent vendors in the market include ALTANA, Axalta Coatings Systems, BRANCHER, ColorMatrix, CROMOS S/A TINTAS GRÁFICAS, Dainichiseika Color & Chemicals Manufacturing, DIC, Encres Dubuit, Environmental Inks and Coatings, Kansai Paint, Nippon Paint, Sakata Inx, Siegwerk Druckfarben, T&K TOKA, Toyo Ink, Wikoff Color, and Zeller+Gmelin.

Segmentation by end-user and analysis of the RPP inks and coating market

• Food and beverage
• Pharmaceutical
• Personal care

The rising number of health-conscious people is boosting the consumption of convenience food items. This encourages vendors such as Amcor and Berry plastic to develop rigid plastic packaging materials. RPP products are developed to enable single-handed use, easy opening, re-closable, and portability. The food and beverage segment will continue to be the largest end-user to the market during the estimated period due to the growing preference for packaged drinks such as packaged milk and juice drinks.

Segmentation by product type and analysis of the RPP inks and coating market

• Bottles
• Containers

Bottles are used to package many products such as water, juices, carbonated soft drinks, cosmetics products, food products, pharmaceutical, and personal care products. The growing demand for the packaging of sensitive fluid medication in the healthcare and pharmaceutical industry will drive the demand for bottles during the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global rigid plastic packaging (RPP) inks and coating market?
• What are the key market trends impacting the growth of the global rigid plastic packaging (RPP) inks and coating market?
• What are the challenges to market growth?
• Who are the key vendors in the global rigid plastic packaging (RPP) inks and coating market?
• What are the market opportunities and threats faced by the vendors in the global rigid plastic packaging (RPP) inks and coating market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global rigid plastic packaging (RPP) inks and coating market?

Technavio also offers customization on reports based on specific client requirement.

Packaging inks and coatings have a crucial role to play in the transportation, warehousing, logistics, and sales segment. Packaging inks and coatings are developed for the convenience of the customer and the requirements of the product. Rigid plastics refer to plastic materials that hold their original shape and are not flexible or do not change form due to changes in temperature. This upcoming industry research report on the global rigid plastic packaging (RPP) inks and coating market offers insights into the key trends and emerging drivers influencing the growth of the transportation and logistics industry. Our reports for the transportation and logistics industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like packaging. 

By considering the market forecast and size and the surging demand for various packaging products, the market research professionals at Technavio offer an all-inclusive picture of the global packaging inks and coating market by rigid plastic for the estimated period of 2017 to 2021. Furthermore, our research practices help clients develop effective growth strategies and keep pace with the continually changing market landscape. This market study also offers a comprehensive analysis of various packaging products and services based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders.

This upcoming market research report on the global RPP packaging inks and coating market also covers vendors like AkzoNobel, Flint, PPG Industries, Sun Chemical, and Valspar. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global RPP packaging inks and coating market also offers an extensive analysis of various packaging products based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders.

The upcoming industry research report for global RPP packaging inks and coating market also categorizes the key drivers, major trends, as well as the restraints that the packaging sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the transportation and logistics industry. Technavio also provides deep-dive market assessments into the sectors such as transportation and distribution, warehouse and storage, and tags and labels.

Our market research methodology for the global RPP packaging inks and coating market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.