Product Code: ETC336564 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India overprint varnish market is estimated to witness a CAGR of 5% during 2025-2031, reaching an expected market size of USD 78 million by 2031. Factors such as high aesthetics & gloss retention along with fast drying time are driving demand for overprint varnishes across various end use industries including personal care products, food packaging and pharmaceuticals among others. Moreover, initiatives taken by governmental bodies such as Make In India is supporting local manufacturing leading to surge in demand within domestic markets thereby providing further impetus to this industry?s growth prospects.
The India overprint varnish market is influenced by the packaging and printing industries. Overprint varnishes are applied to printed materials to enhance their appearance, provide protection, and improve durability. The growing demand for attractive packaging solutions and high-quality printed materials drives the adoption of overprint varnishes. Moreover, the rise of e-commerce and the need for eye-catching packaging contribute to market growth. However, considerations related to environmental sustainability and the availability of cost-effective alternatives impact the market`s dynamics.
The overprint varnish market in India serves the printing and packaging industries. Challenges arise from the demand for environmentally friendly and low-VOC (volatile organic compounds) solutions. The industry needs to invest in research and development to formulate varnishes that offer high print quality, protection, and gloss while meeting stringent environmental regulations. Developing solutions that balance performance and sustainability is a key challenge.
The India overprint varnish market caters to the packaging and printing industries, enhancing visual appeal and protection. The pandemic disrupted manufacturing and supply chains, impacting demand. However, as consumer spending on packaged goods rebounds and printing activities resume, the demand for overprint varnish is expected to pick up. The market`s recovery will be driven by innovations in packaging design, sustainable materials, and technological advancements in printing.
The India overprint varnish market is projected to evolve, with key players like DIC India Limited and TIGER Coatings GmbH & Co. KG playing pivotal roles. These players are anticipated to shape the market`s trajectory by providing overprint varnishes for applications in packaging, labels, and printing. As the packaging industry emphasizes visual appeal and protection, the contributions of key players in offering high-quality overprint varnishes become crucial for defining the market`s future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Overprint Varnish Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Overprint Varnish Market Revenues & Volume, 2021 & 2031F |
3.3 India Overprint Varnish Market - Industry Life Cycle |
3.4 India Overprint Varnish Market - Porter's Five Forces |
3.5 India Overprint Varnish Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Overprint Varnish Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Overprint Varnish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Overprint Varnish Market Trends |
6 India Overprint Varnish Market, By Types |
6.1 India Overprint Varnish Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Overprint Varnish Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Overprint Varnish Market Revenues & Volume, By UV curable Varnish, 2021-2031F |
6.1.4 India Overprint Varnish Market Revenues & Volume, By Water-based Varnish, 2021-2031F |
6.1.5 India Overprint Varnish Market Revenues & Volume, By Solvent-based Varnish, 2021-2031F |
6.2 India Overprint Varnish Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 India Overprint Varnish Market Revenues & Volume, By Commercial prints, 2021-2031F |
6.2.3 India Overprint Varnish Market Revenues & Volume, By Labels, 2021-2031F |
6.2.4 India Overprint Varnish Market Revenues & Volume, By Food containers, 2021-2031F |
6.2.5 India Overprint Varnish Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.6 India Overprint Varnish Market Revenues & Volume, By Others, 2021-2031F |
7 India Overprint Varnish Market Import-Export Trade Statistics |
7.1 India Overprint Varnish Market Export to Major Countries |
7.2 India Overprint Varnish Market Imports from Major Countries |
8 India Overprint Varnish Market Key Performance Indicators |
9 India Overprint Varnish Market - Opportunity Assessment |
9.1 India Overprint Varnish Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Overprint Varnish Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Overprint Varnish Market - Competitive Landscape |
10.1 India Overprint Varnish Market Revenue Share, By Companies, 2024 |
10.2 India Overprint Varnish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |