Water based Inks Market Anticipated to Expand at a CAGR of 6.45% from 2019 to 2027
The global water-based inks market was valued at US$ 5,107.1 Mn in 2018 and is anticipated to expand at a CAGR of 6.45% from 2019 to 2027, according to a new research report titled ‘Water-based Inks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ published by Transparency Market Research (TMR) The global water-based inks market is driven by the rise in demand for water-based inks in packaging and publications sectors across the globe. In terms of demand, Asia Pacific accounts for a dominant share of the global water-based inks market. Rise in Demand for Water-based Inks in Packaging Industry to Boost Market Packaging adds a unique value to any product. It allows the customers to distinguish a particular product from other similar products. Flexible packaging such as bags, pouches, and films can be used to wrap products such as food, beverages, pharmaceuticals, cosmetics, and personal care. The global packaging industry is estima...