Pharmaceutical Inks Market (By Product Type: Edible Inks, Solvent-based Inks, Water-based Inks, Others; By Pharmaceutical Type: Solids, Semi-solids Liquids; By Application: Capsules, Exterior Packaging, Interior Packaging) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global Pharmaceutical inks market is estimated to value US$ 4,760.3 Million by 2026 and the market is estimated to expand at around 6.3% CAGR during the forecast period. The pharmaceutical inksmarket is expected to grow rapidly due to the risinghealth awareness among population across the globe.

Market Dynamics

Increase in usage of pharmaceuticalsand rise in awareness among consumers regarding medicines are the majorfactors driving the growth of the pharmaceutical inks market. Also, the technological advancement in manufacturing process of pharmaceuticals alsocreates growth opportunities for the key manufacturers in thepharmaceutical inksmarket to offer competitive product offering and increase their customer base. This will have a positive impact on the global pharmaceutical inks market.

Market Insights

Pharmaceutical inks are ingestible inks that are used on pharmaceuticals to specifythe vital information related to medicine which includesmedicine name and the ingredients that are used to make medicines. This pharmaceutical inkis used for interior and exterior packaging of medicines. The increase in usage of medicines has increased considerably across the globe in the past few years. This is relatively driven by the rise in health awareness among consumers and rise in demand for pharmaceuticals in developing countries which directlyincreased the consumption of pharmaceuticals inks globally. Pharmaceutical inks are mainly used in medicines for printing or packaging of the medicine. Therefore, rise in usage of pharmaceuticals is driving the demand for pharmaceutical inks.The key players in the pharmaceutical inks market are strategically focused on partnership strategy in order to capture market share in the global pharmaceutical market. For instance, in September 2018, Amyris, Inc. enters into strategic agreement with Yifan Pharmaceutical Company in order to capture market share of the pharmaceutical inks market.

Market Classification

The global pharmaceutical inks market is segmented into four major segment named product type,pharmaceutical type, application and region. On the basis of product type,the global pharmaceutical inks market is segmented into edible inks, solvent-based inks, water-based inks, and others. On the basis of pharmaceutical type,the global pharmaceutical inks market is segmented intosolids, semi-solids, and liquids. On the basis of application, the global pharmaceutical inks market is segmented into capsules, exterior packaging, and interior packaging. On the basis of region, the global pharmaceutical inks market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Based on application, the global pharmaceutical inks market can majorly be segmented into threesub-segments, which arecapsules, exterior packaging, and interior packaging. The exterior packaging segment is expected to dominate the global pharmaceutical inks market as the large amount of content is printed on the exterior part of medicine which requires huge amount of pharmaceutical inks.The exterior packaging of medicine consist of vital information related to medicine such as ingredients list, manufacturing details and instructions. Also, the interior packagingrequires less ink as compared to exterior packaging as it consists of less information printed on it.

Regional Insights

The rise in consumption of pharmaceutical inks in exterior packaging and increase in usage of medicines industry are the key factors driving the demand forpharmaceutical inksmarket.Europe region is expected to dominate the pharmaceutical inks market followed by North and Asia Pacific region. There is extensive usage of Pharmaceutical inks in food & beverages industry in mainly North America and Europe region. Also, stringent government norms, increasing usage in food & beverages industry, and incorporation of telematics in Pharmaceutical inksare the factors expected to drive the Pharmaceutical inksmarket in these regions.

Asia Pacific is estimated to grow rapidly with higher CAGR due to therise in health awareness and rapid urbanization. The key manufactures in the global market are focused on particular application of pharmaceutical inks. For instance, some companies are manufacturing pharmaceutical inks for interior packaging and others are specialized in capsules and exterior packaging. Also, the usage of aggressive solvents by manufacturers can have an adverse effect on the growth of pharmaceutical inks market.

Market Participants

The major players associated with the pharmaceutical inks market are Sun Chemicals, Videojet Technologies Inc., Koel Colours Pvt. Ltd., Markem-Imaje, Toyo Ink SC Holdings Co. Ltd. and others. The pharmaceutical inks market is highly fragmented as there are large number of local players operating in this market.

Key manufacturers are highly focused on research and development in order to manufacture pharmaceutical inks using various printing technologies.Moreover, the key players in the global pharmaceutical inks market are focusing mainly on strategic agreements with other manufacturers in order to expand their product offerings in order to gain leading position in the global pharmaceutical inks market.

Market Segmentation

Market By Product Type

  • Edible Inks
  • Solvent-based Inks
  • Water-based Inks
  • Others

Market By Pharmaceutical Type

  • Solids
  • Semi-solids
  • Liquids

Market By Application

  • Capsules
  • Exterior Packaging
  • Interior Packaging

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

Lignin Market (By Product: Ligno-sulphonates, Organosolv Lignin, Kraft Lignin, Others; By Application: Macromolecules, Aromatics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop

Graphene Market (By Product: Graphene nanoplatelets, Graphene oxide, Others; By Application: Electronics, Composites, Energy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Increasing demand for lightweight and durable products for different parts, incl

Acetic Acid Market (By Manufacturing Process: Synthetic route{ Methanol carbonylation, Terephthalic/isophthalic acid coproduct, Paraffin oxidation, Oxidation of hydrocarbons, Olefin oxidation}, Biological route; By Application: Vinyl acetate monomer, Monochloroacetic, Acetic anhydride, Terephthalic acid, Acetate esters, Dimethylacetamide, Ketene, Textiles, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global acetic acid market size is expected to worth around US$ 16.4 billion by 2026 and forecasted to grow at striking CAGR around 6.2% over the forecast time frame 2019 to 2026, According to Acumen Research and Consulting. The report provides analysis of global acetic acid market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Also re

Hydrogen Peroxide Market (By End User: Mining, Chemical, Paper & pulp, Wastewater Treatment and Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global hydrogen peroxide market size is expected to reach around US$ 6.3 billion by 2026 and forecasted to grow at a CAGR of 5.2 % over forecast period 2019 to 2026. Hydrogen peroxide or H2O2 was identified in 1818 as a chemical compound. It is a transparent liquid that is used mainly in diverse sectors because of its superior bleaching properties. This chemical compound is marginally more viscous than wate

Chondroitin Sulfate Market (By Source: Bovine, Swine, Poultry, Shark, Synthetic; By Application: Dietary Supplements, Pharmaceutical, Cosmetics, Veterinary Use) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global chondroitin sulfate market size is anticipated to worth around US$ 1.5 billion by 2026 and growing at a CAGR of 3.3 % over the forecast time period 2019 to 2026. Chondroitin sulfate is also regarded as glycosaminoglycan sulfated glucose (GAG). Chondroitin sulfate comprises a large alternating sugar chain including glucuronic acid and N-acetylgalactosamine. Chondroitin sulfate is a chemical compound d

Biological Seed Treatment Market (By Product: Microbials, Botanicals and Others; By Function: Seed Enhancement, Seed Protection; By Crop Type: Vegetable Crops, Wheat, Corn, Soybean, Sunflower, Cotton, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction According to Acumen Research and Consulting, the global biological seed treatment market size is expected to worth around US$ 2 billion by 2026 and to grow at striking CAGR around 11.2 % from 2019 to 2026. The report provides analysis of global Biological Seed Treatment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Ins

Cart Summary