Rising demand for flexible and protective packaging with lightweight and better aesthetic features is a key factor driving China’s packaging primers industry forward.
According to Future Market Insights, the China Packaging Primers Market size is forecast to reach US$ 564.1 million in 2023 and further expand at a CAGR of 4.8% during the projection period. Overall packaging primer sales in China are poised to surge at a steady pace, taking the overall market valuation to US$ 901.5 million by 2033.
In contemporary packaging practices, digital printing has become increasingly prevalent. To optimize the quality and durability of printed designs, packaging primers play a vital role. These primers serve to enhance the adhesion between the packaging substrate and the ink, establishing robust bonds between the two components. Their efficacy is particularly pronounced in the context of inkjet printing applications, where achieving vivid, long-lasting prints is crucial.
Flexible packaging solutions are widely preferred over rigid packaging solutions, as they are cost-effective, lightweight, and durable, and require fewer plastics, and less space on shelves during packaging than rigid packaging options.
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Key Takeaways from China Packaging Primers Market
- The packaging primers market size in China is projected to reach US$ 901.5 million by 2033.
- Overall packaging primer sales across China are forecast to surge at 4.8% CAGR between 2023 and 2033.
- By primer type, solvent-based coatings segment is expected to expand at a CAGR of 7.2% during the assessment period.
- Based on application, film, aluminum & paper converters segment is anticipated to hold around 42% of the total market share by the end of 2033.
- Top 5 companies hold around 20% to 25% share of the China Packaging Primers Market.
Drivers:
- Growing Packaging Industry: The packaging industry in China is experiencing rapid growth, driven by the expansion of e-commerce, increased consumer demand for packaged goods, and the rise of the food and beverage sector.
- Technological Advancements: Advancements in printing and coating technologies are boosting the demand for packaging primers, as they play a crucial role in enhancing print quality and adhesion on various packaging materials.
- Environmental Regulations: Stringent environmental regulations are promoting the use of eco-friendly and sustainable packaging materials, driving the need for primers that support these materials and reduce environmental impact.
- Brand Identity: Packaging primers are essential for achieving vibrant and consistent branding on packaging, which is crucial for brand recognition and consumer appeal.
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Key Companies Profiled
- The Sherwin-Williams Company
- Henkel Investment Co. Ltd.
- Axalta Coating Systems
- BASF SE
- PPG Industries Inc.
- The Lubrizol Corporation
- Coim Group
- DIC Group
- Wacker Chemie AG
- Stahl Holdings B.V.
- Michel Man, Inc. 8
- Paramelt B.V.
- Empowera TechOrganics
- Mica Corporation
- UFlex Ltd.
- Reltek LLC.
- Union Specialties Inc.
- Levaco Chemical GmbH
- LEAUNA-harze GmbH
- AquaBased Technologies
Market by Category
By Primer Type:
- Water-based Coating
- Solvent-based Coating
- Wax Coating
- Poly Coating
By Application:
- Film Makers
- Aluminum Makers
- Paper Makers & Coaters
- Film, Aluminum & Paper Converting
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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