Global Flexographic Inks Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Water-based, Solvent-based, UV-based,Oil Based), By Application (Flexible Packaging, Corrugated Cardboards, Labels And Tags, Pharmaceutical, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061612246 Pages: 121

The global flexographic inks market is projected to grow at a CAGR of 5.22% to reach US$7.430 billion in 2024 from US$5.474 billion in 2018. Flexography is a printing technology that is suitable for printing on coated and uncoated paper materials, non-porous substrates including metalized and paper foils, and plastic films.

Evolving flexographic printing owing to its cost-effectiveness is driving the flexographic inks market growth. These inks are extensively used in the packaging of a number of products such as cosmetics, food and beverages and etc. Its growing use in flexible packaging, corrugated packaging, and publication printing industry due to high surface tension is augmenting its demand across these industries. The burgeoning penetration of additive manufacturing is further supporting its demand across the manufacturing side as well. Geographically, Asia Pacific is expected to grow at a substantial rate on account of good growth of the food and beverage industry and e-commerce industry which in turn is expected to boost the demand for flexographic inks.

DRIVERS

Burgeoning usage of flexographic inks across the industries

Booming e-commerce market

RESTRAINTS

Availability of substitutes

INDUSTRY UPDATE

In June 2016, Kao Chemicals acquired Chimigraf Holding S.L., in order to enhance their development, manufacturing, and sales of flexographic ink for package printing.

The major players profiled in the global flexographic inks market include TOYO INK CO., LTD., Sun Chemical, FlintGroup, Siegwerk Druckfarben AG & Co. KGaA, INX International Ink Co., Zeller+Gmelin Corporation, UVitec Printing Ink, Inc., Needham Inks Ltd, SAM-A C&I co., LTD, DIC Corporation, and Kao Chemicals Europe. S.L.

Global Flexographic Inks Market Scope:

Report Metric Details
 Market size value in 2018  US$5.474 billion
 Market size value in 2024  US$7.430 billion
 Growth Rate  CAGR of 5.22% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  TOYO INK CO., LTD., Sun Chemical, FlintGroup, Siegwerk Druckfarben AG & Co.   KGaA, INX International Ink Co., Zeller+Gmelin Corporation, UVitec Printing Ink,   Inc.,  Needham Inks Ltd, SAM-A C&I co., LTD, DIC Corporation, Kao Chemicals   Europe S.L.
 Customization scope  Free report customization with purchase

Segmentation

The global flexographic inks market has been analyzed through the following segments:

By Type

Water-based

Solvent-based

UV-based

Oil-based

By Application

Flexible Packaging

Corrugated Cardboards

Labels and Tags

Pharmaceutical

Others
 

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

India

Others


Frequently Asked Questions (FAQs)

Q1. What will be the flexographic inks market size by 2024?
A1. The global flexographic inks market is projected to reach a total market size of US$7.430 billion by 2024. 


Q2. What are the growth prospects for the flexographic inks market?
A2. The flexographic inks market is projected to grow at a CAGR of 5.22% during the forecast period. 


Q3. What is the size of the global flexographic inks market?
A3. Flexographic Inks Market was valued at US$5.474 billion in 2018. 


Q4. What factors are anticipated to drive flexographic inks market growth?
A4. Evolving flexographic printing owing to its cost-effectiveness is driving the flexographic inks market growth. 


Q5. Which region holds the largest market share in the flexographic inks market?
A5. The Asia Pacific is expected to grow at a substantial rate on account of good growth of the food and beverage industry and e-commerce industry which in turn is expected to boost the demand for flexographic inks.

 

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. GLOBAL FLEXOGRAPHIC INKS MARKET BY TYPE

5.1. Water-based

5.2. Solvent-based

5.3. UV-based

5.4. Oil-based

6. GLOBAL FLEXOGRAPHIC INKS MARKET BY APPLICATION

6.1. Flexible Packaging

6.2. Corrugated Cardboards

6.3. Labels and tags

6.4. Pharmaceutical

6.5. Others

7. GLOBAL FLEXOGRAPHIC INKS MARKET BY GEOGRAPHY

7.1. North America

7.1.1. USA

7.1.2. Canada

7.1.3. Mexico

7.2. South America

7.2.1. Brazil

7.2.2. Argentina

7.2.3. Others

7.3. Europe

7.3.1. Germany

7.3.2. France

7.3.3. United Kingdom

7.3.4. Others

7.4. Middle East and Africa

7.4.1. Saudi Arabia

7.4.2. Israel

7.4.3. Others

7.5. Asia Pacific

7.5.1. China

7.5.2. Japan

7.5.3. India

7.5.4. Others

8. COMPETITIVE INTELLIGENCE

8.1. Company Benchmarking and Analysis

8.2. Recent Investment and Deals

8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. TOYO INK CO., LTD

9.2. Sun Chemical

9.3. FlintGroup

9.4. Siegwerk Druckfarben AG & Co. KGaA

9.5. INX International Ink Co.

9.6. Zeller+Gmelin Corporation

9.7. UVitec Printing Ink, Inc.

9.8. Needham Inks Ltd

9.9. SAM-A C&I co., LTD

9.10. DIC Corporation

9.11. Kao Chemicals Europe S.L.

LIST OF FIGURES

LIST OF TABLES

TOYO INK CO., LTD.

Sun Chemical

FlintGroup

Siegwerk Druckfarben AG & Co. KGaA

INX International Ink Co.

Zeller+Gmelin Corporation

UVitec Printing Ink, Inc.

Needham Inks Ltd

SAM-A C&I co., LTD

DIC Corporation

Kao Chemicals Europe S.L.

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