Product Code: RP-ID-10265631 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10265631
Market Overview:
Global Flexographic Ink Market Size study, by Resin Type (Polyamides Resin, Other Resins), by Technology (Water-Based Technology, Solvent Based Technology, UV-Curable Technology), by Application (Flexible Packaging, Corrugated Cardboard, Folding Cartons, Tags & Labels) and Regional Forecasts 2019-2026
Global Flexographic Ink Market is valued approximately USD 3.29 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.82% over the forecast period 2019-2026. Flexographic Ink is the ink used in the method flexography to print on materials such as plastic bags, tags, labels, cardboard boxes, newspapers, catalogues and food packaging. The flexographic ink market has witnessed a growth in its market size due to the expansion of the packaging industry. Further, these flexographic inks are used in printing of consumer goods, food & beverage, textile, corrugated cardboards, printing paper, plastics and others. Also, the increase in new ink resin technology and rise in demand of UV-curable inks are the factors that are expected to fuel the growth of flexographic ink market. For instance, in 2018, INX International launched AquaTech ION-X ink which can print on most film stocks and on paper. The replacement of solvent based flexographic ink with the water based flexographic ink and the increasing importance of UV-curable ink technology in the packaging industry are the major factors likely to create lucrative growth opportunities to the market in the upcoming years. However, the shift in trend from print media to digital media and stringent print and packaging regulations are few factors anticipated to hinder the growth of global Flexographic Ink market during the forecast period.
The regional analysis of global Flexographic Ink Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growth of various industries such as food & beverage, healthcare, and consumer goods. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Establishment of facilities by large manufacturers in South Korea, China and India would create lucrative growth opportunities for the Flexographic Ink market across the region.
Major market player included in this report are:
DIC Corporation
Siegwerk Druckfarben AG & Co. KGaA
Toyo Ink SC Holdings Co., Ltd.
Sakata Inx Corporation
Flint Group
T&K Toka Co. Ltd.
The Braden Sutphin Ink Company
Alden & Ott Printing Inks Company
Nazdar Company Inc.
Color Resolutions International
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Resin Type:
Polyamides Resin
Other Resins
By Technology:
Water-Based Technology
Solvent Based Technology
UV-Curable Technology
By Application:
Flexible Packaging
Corrugated Cardboard
Folding Cartons
Tags & Labels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Flexographic Ink Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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