The global demand for Flexographic Ink Market is presumed to reach the market size of nearly USD 7.27 MN by 2028 from USD 4.87 MN in 2021 with a CAGR of 5.89% under the study period 2022 - 2028.
Flexographic inks are used in flexographic printing on different packaging and labeling materials, mainly catalogs, newspapers, cardboards, food packaging, and other types of packaging and labeling materials. Its distinctive attributes include its cost-effectiveness, speed, and minimizing harmful effects on the environment. The application of ink is the most crucial phase of the printing process. Solvent flexographic inks are used to print on film, water-based flexographic inks are printed on paper for corrugated board and paper containers, and UV flexographic inks are used for label application in narrow web printing.
Market Dynamics
The growing trends of flexographic inks from packaging industries are increasing with the arising interest of manufactures towards attractive packaging. The increased demand for the packaging of healthcare items, cigarettes, frozen meals, and dry foods is driving its robust growth. To improve their market share, flexible packaging producers are creating automated and creative printing procedures. Printing on flexographic press Inks is also significant in the development of exterior aesthetics and product differentiation, thereby promoting the global growth of flexographic printing inks. However, the flexographic ink market is changing slowly in different parts of the world, owing to a surge in interest in the internet and electronic publication. This might hamper the market for flexographic inks.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of flexographic ink. The growth and trends of flexographic ink industry provide a holistic approach to this study.
Market Segmentation
This section of the flexographic ink market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Resin Type
- Polyurethanes
- Acrylic
- Polyamides
- Nitrocellulose
- Others
By Technology
- Water-Based
- Solvent-Based
- Uv-Curable
By Application
- Flexible Packaging
- Rigid Packaging (Corrugated Cardboards)
- Folding Cartons
- Tags & Labels
- Paper Printing
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Flexographic Ink market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Flexographic Ink Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the flexographic ink market include DIC Corporation (Japan), Siegwerk Druckfarben AG & Co. KGaA (Germany), Toyo Ink SC Holdings Co., Ltd. (Japan), Sakata Inx Corporation (Japan), Flint Group (Luxembourg), T&K Toka Co. Ltd. (Japan), The Braden Sutphin Ink Company (US), Alden & Ott Printing Inks Company (US), Nazdar Company Inc. (US), Color Resolutions International (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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