Global Flexographic Ink Market By Resin Type (Nitrocellulose, Polyamides, Polyurethane, Acrylic, Others), Technology (Water Based, Solvent Based, UV Cured, Oil Based), Application (Flexible Packaging, Corrugated Cardboards, Labels & Tags, Folding Cartons, Paper & Plastic Bags, Pharmaceutical, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Flexographic Ink Market
Flexographic ink market is expected to reach USD 5.32 billion by 2027 growing at a rate of 5.0% in the forecast period of 2020 to 2027. Increasing demand for sustainable and environmental friendly packaging solutions from the consumers and major product manufacturers is one of the major market drivers for flexographic ink.
Flexographic inks are described as the inks that can be transferred to the packaging surfaces/substrate with the help of flexography processes. This process and ink variants are being highly preferred in recent times due to their environmental friendly and cost-effective operations. Major available variants for these inks are segregated based on the development and curing technologies such as water based, solvent based, oil based and UV cured amongst others.
Increasing areas of applications in a number of different consumer based products such as food, beverages, cosmetics, and various others amid rising consumption is expected to drive the growth of flexographic ink market. High levels of consumptions associated with the packaging industry with growth being witnessed specifically for UV-cured packaging inks and associated products, this factor is enhancing the market growth in the forecasted period of 2020 to 2027.
Growing levels of digitalization resulting in significant decline for printing products such as newspapers, magazines, books and various others; this factor in combination with the focus of inks to reduce the costs associated with resins used in flexographic ink production are acting as market restraints for flexographic ink in the forecasted period of 2020 to 2027.
This flexographic ink market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research flexographic ink market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Flexographic Ink Market Scope and Market Size
Flexographic ink market is segmented on the basis of resin type, technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Flexographic ink market on the basis of resin type has been segmented into nitrocellulose, polyamide, polyurethane, acrylic and others.
Based on technology, flexographic ink market has been segmented into water based, solvent based, UV cured and oil based.
Flexographic ink market has also been segmented into flexible packaging, corrugated cardboards, labels & tags, folding cartons, paper & plastic bags, pharmaceutical and others on the basis of application. Others have been sub-segmented into newspapers, magazines, catalogues, journals and others.
Flexographic Ink Market Country Level Analysis
Flexographic ink market is analysed and market size, volume information is provided by country, resin type, technology and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific will dominate the flexographic ink market in terms of market share and the highest growth rate considering the rising levels of industrial growth, with major impacts being witnessed across the packaging industry. This trend for environmental friendly packaging solutions is acting as major factors behind the dominant position of Asia-Pacific in flexographic ink market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flexographic Ink Market Share Analysis
Flexographic ink market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flexographic ink market.
The major players covered in the report are TOYO INK CO., LTD., Sun Chemical, Flint Group, Siegwerk Druckfarben AG & Co. KGaA, INX International Ink Co., Zeller+Gmelin, UVitec Printing Ink, Inc., Needham Inks Ltd., Sakata Inx (India) Private Limited, DIC CORPORATION, RUCO Druckfarben, T&K TOKA Corporation, Wikoff Color Corporation, MHM Holding GmbH, Altana among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Flexographic Ink Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.