Europe Flexographic Printing Inks Market 2019-2024 Expected Developments to be observed worldwide
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These convenient packaging materials include products such as pouches which are easier to carry, light weight, inexpensive and sometimes resealable. Shifting corporate lifestyle along with increasing packaged food consumptions will foster the flexible packaging industry and thereby boost the flexographic printing inks market in Europe.
According to the Graphical Research new growth forecast report titled “Europe Flexographic Printing Inks Market analysis based on Application, Product, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024”, estimated to exceed USD 3.5 billion by 2024.
Better corporate lifestyle in the European region owing to higher income levels of consumers is said to foster the flexographic printing inks market demand in coming days. Consumers tend to buy attractive packaged products which lure the eye in a single catch. Packaging plays a vital role in the product selling as inferior or low-quality packaging might create a different perspective in the minds of consumers. These factors will augment the flexible packaging industry and in turn, will fuel the flexographic printing inks market demand in the future years.
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Due to high durability and superior results, solvent-based liquids find applications in large substrates. Water-based inks will hold a major share in the flexographic printing inks market owing to its wide range of applications in various packaging materials. However, strict governmental regulations by the U.S. Environmental Protection Agency and Food & Drug Administration, catering to the packaging materials used in the food & beverage and cosmetic & personal care industry might hinder the industry growth in near future.
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Segments We Cover:
Europe Flexographic Printing Inks Market by Application
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Europe Flexographic Printing Inks Market by Product
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