The Flexographic Inks Market is expected to rise at annual rate of 4.85% in the forecast period of 2020 to 2027 due to the rise in demand from the packaging sector.
On the other hand, matured market in developed countries, packaging and printing regulations, fluctuations in the cost of raw materials and change in preference towards digital media from print media are expected to obstruct the flexographic inks market growth in the above mentioned forecast period.
According to Data Bridge Market Research, the market for flexographic inks is accelerating because of the expansion of packaging sector and the rise in demand for flexographic printing ink from packaging industry. Additionally, advancement in ink resin technologies and rise in demand for UV-curable inks positively affect the flexographic inks market.
Furthermore, the adoption of water-based flexographic inks over solvent-based inks and the growing popularity of UV-curable technology in food packaging extend profitable opportunities to the flexographic inks market players.
Now the question is which are the other regions that flexographic inks market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the increase in demand from end user industries, their expansion and rise in spending power of people in the region. Europe is expected to witness significant growth in CAGR in the forecast period of 2020-2027 because of the high manufacturing and consumption of cosmetic products in the region.
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Flexographic inks market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel and rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of flexographic inks companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-flexographic-ink-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Flexographic Inks Market – Industry Trends and Forecast to 2027