The global thermal paper market is predicted to grow at a 4.66% CAGR over the forecast period (2018-2023), reveals the latest Market Research Future (MRFR) report.
Digital label printing is used in product packaging for almost all the industries such as cosmetics, food & beverages, pharmaceuticals, FMCG, etc. The digital label printing market is expected to have significantly high growth rate as global packaging and labeling industry growing at a rapid CAGR. The volume of the packaging printed with digital printing is expected to be more than double as compared to its actual volume over the forecast period.
The new ink is colorless in normal light and fluoresces blue under a black light.With its MEK solvent base, the ink offers very good adhesion to a variety of substrates including coated cartons or glossy labels, vial caps and closures, and dark substrates where a bar code is needed.