Increasing consumer
spending for purchase of goods and services has led to improvement in offerings
by manufacturers and various service providers such as retailers and logistic
service providers, as major focus on providing better packaging to guarantee quality
of product and service. Thus players in printing industry are focusing to
provide attractive printing solutions. Packaging applications account for
approximately 50 percent of market share in the global flexographic ink market.
Flexographic inks are transferred on to the substrate by the process of
flexography. Flexographic inks are primarily used in printing of packaging
solutions. Further flexographic inks are used in printing of plastic and paper
bags, cardboard box, catalogues, banners and hoardings. Depending upon
application of flexographic ink and printing surfaces, several types of inks
are available in market. Price is another major factors that influence the
adoption of a particular flexographic printing ink.
Flexographic Ink
Market: Drivers & Restraints
Low cost and
environment friendly product offerings is likely to drive the demand for these
flexographic inks in turn driving the growth of flexographic ink market during
the forecast period. The growing demand for flexographic inks owing to the
growth of printing industry is another factor likely to drive the growth of
flexographic ink market. Increasing FDI investments in emerging economies and
stabilizing U.S. economy further optimizes the chances of the growth of the
market during the forecast period. However, recent downturn in Europe and China
is likely to hamper growth of the market over the forecast period.
Flexographic Ink
Market: Segmentation
On the basis of type of
ink, the Flexographic Ink market is segmented as:
• Solvent Based Flexographic Ink
• Water Based Flexographic Ink
• UV- Cured Flexographic Ink
On the basis of
application, the Flexographic Ink market is segmented as:
• Corrugated Containers
• Cartons
• Flexible Packaging
• Tags & Labels
• Paper & Plastic Bags
• Others (Newspapers, Catalogues etc.)
Flexographic Ink
Market: Region-wise Outlook
Region-wise the global
flexographic ink market is segmented into prominent regions such as North
America, Eastern and Western Europe, Asia Pacific Excluding Japan, Japan, Latin
America and Middle East & Africa. The global flexographic ink market is
expected to witness a moderate growth during the forecast period. However
region in Asia Pacific (such as China and India) and in MEA (South Africa and
Turkey) are expected to register healthy growth during the forecast period.
Europe is projected to be the largest market for the flexographic ink.
Countries such as Germany, France, and U.K. are markets with strong growth
potential for flexographic ink. Following Europe, the next major market for
flexographic inks is North America with prominent countries such as U.S. and
Canada. Asia Pacific flexographic ink market is also expected to witness high
growth rate with china being the major contributor of growth. In Latin America,
Brazil, Peru, Chile are among the countries with potential demand for
flexographic inks. Japan is another significant market for flexographic ink,
with majority of manufacturers located in the region.
Flexographic Ink
Market: Key Players
The key players
identified in the Global Flexographic Ink market are listed below-
• Sun Chemical Corp.Inc.
• Siegwerk Druckfarben AG & Co.
KGaA
• DIC Corporation
• Flint Group
• Zeller+Gmelin GmbH & Co.
• RUCO Druckfarben
• T&K TOKA Corporation
• Wikoff Color Corporation
• INX International Ink Co.
• Sakata Inx (India) Pvt. Ltd.
• Toyo Ink S.C. Holdings
The research report
presents a comprehensive assessment of the market and contains thoughtful
insights, facts, historical data, and statistically supported and
industry-validated market data. It also contains projections using a suitable
set of assumptions and methodologies. The research report provides analysis and
information according to categories such as market segments, geographies,
types, technology and applications.
The report covers
exhaustive analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
The report is a
compilation of first-hand information, qualitative and quantitative assessment
by industry analysts, inputs from industry experts and industry participants
across the value chain. The report provides in-depth analysis of parent market
trends, macro-economic indicators and governing factors along with market
attractiveness as per segments. The report also maps the qualitative impact of
various market factors on market segments and geographies.
Report Highlights:
The report covers a detailed overview of parent market, the changing market dynamics in the
industry, an in-depth market segmentation, Historical, current and projected
market size in terms of volume and value, the recent industry trends and
developments, Competitive landscape, Strategies of key players and
products offered, Potential and niche segments,
geographical regions exhibiting promising growth, A neutral perspective on market
performance and all the Must-have information for market
players to sustain and enhance their market footprint
