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Key trends, including consolidation, sustainability and regulatory issues, are driving changes in the packaging and ink industries.
February 26, 2025
By: DAVID SAVASTANO
The packaging market is a huge business. According to Smithers, a leading market research firm, it is a trillion-dollar business: “Over the five years to 2028, the global packaging market is forecast to grow from $1.17 trillion to $1.42 trillion,” Smithers reports. For ink manufacturers, packaging is an expanding market. Dr. Nicolas Wiedmann, Siegwerk’s CEO, said that overall, the demand for packaging inks and coatings continued to grow in 2024 compared to the previous year. “The developme...
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