Narrow Web Tag Label Inks Market

The China Narrow Web Tag & Label Inks market size was valued at US$ 412.5 million in 2024 and is projected to reach US$ 578.3 million by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.

Narrow Web Tag & Label Inks are specialized printing inks designed for use in narrow web printing presses, primarily for producing labels, tags, and packaging materials with high-quality graphics and text.

China's Narrow Web Tag & Label Inks market is experiencing steady growth, driven by the expanding packaging industry and increasing demand for branded products. In 2023, UV-curable inks dominated with 45% market share, followed by water-based inks at 30% and solvent-based inks at 25%. The market is benefiting from the rapid growth of e-commerce, which drove a 15% increase in demand for shipping labels in 2023. China's production of label inks reached 85,000 metric tons in 2023, with domestic consumption accounting for 80% of production. The market is seeing a shift towards eco-friendly formulations, with low-migration inks growing at 12% annually due to stricter food packaging regulations. Technological advancements focus on improving color consistency and durability, with new pigment technologies offering a 25% improvement in light fastness compared to 2020 formulations. The market faces challenges from raw material price volatility, but the growing adoption of digital printing is opening new opportunities, with digital label inks growing at 18% CAGR. In 2023, the food and beverage sector consumed 40% of narrow web inks, followed by pharmaceuticals at 25% and personal care at 20%. The COVID-19 pandemic initially disrupted supply chains but ultimately boosted demand for sanitizer and medical product labels, leading to a 10% surge in specialized ink production in 2020-2021. Looking ahead, the market is expected to benefit from the integration of smart label technologies, with conductive inks for RFID labels projected to grow at 22% CAGR through 2030, albeit from a small base of 3% market share in 2023.

Narrow Web Tag Label Inks Market contains market size and forecasts of Narrow Web Tag & Label Inks in China, including the following market information:

•    China Narrow Web Tag & Label Inks Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Narrow Web Tag & Label Inks Market Sales, 2019-2024, 2024-2030,

•    China Top five Narrow Web Tag & Label Inks companies in 2023 (%)

Report Includes

Narrow Web Tag Label Inks Market presents an overview of China market for Narrow Web Tag & Label Inks , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Narrow Web Tag Label Inks Market focuses on the Narrow Web Tag & Label Inks sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Narrow Web Tag & Label Inks market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Narrow Web Tag Label Inks Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Narrow Web Tag Label Inks Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Water-Based Inks

•    Solvent-Based Inks

•    UV-Cured Inks

Segment by Applications

•    Commercial Use

•    Office Use

•    Other

Key Companies covered in Narrow Web Tag Label Inks Market :

•    DIC Corporation

•    Siegwerk Druckfarben AG & Co. KGaA

•    Flint Group

•    Toyo Ink SC Holdings Co., Ltd.

•    Sakata Inx Corporation

•    T&K Toka Co., Ltd.

•    Zeller+Gmelin GmbH & Co. KG

•    INX International Ink Co.

•    Huber Group

•    Tokyo Printing Ink Mfg Co Ltd

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Narrow Web Tag & Label Inks revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•    Key companies Narrow Web Tag & Label Inks revenues share in Chinan market, 2023 (%)

•    Key companies Narrow Web Tag & Label Inks sales in Chinan market, 2019-2024 (Estimated),

•    Key companies Narrow Web Tag & Label Inks sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Narrow Web Tag & Label Inks Market

•    Overview of the regional outlook of the Narrow Web Tag & Label Inks Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

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