Flexographic Printing Inks Market to Record an Exponential by 2024 - 2031 |Flint Group, Sun Chemical Corporation

Market Overview:

Global Flexographic Printing Inks market was valued at US$ 10.0 Bn in 2022, exhibiting a CAGR of 6.13 % in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 16.1 Bn by 2030.

Market Dynamics:

The flexographic printing inks market is driven by the rising demand from the food and beverage industry for packaging applications. The food and beverage industry extensively uses flexographic printing inks for printing on packages of food items, beverages, and other consumables. Furthermore, growth in the e-commerce industry has increased the demand for corrugated boxes for packaging, which in turn influences growth of the flexographic printing inks market. Another key driver of the market includes rapid urbanization and increasing disposable incomes in developing economies that have augmented the demand for consumer goods requiring flexible packaging.

💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/383?utm_source=openpr.com&utm_medium=referral

Flexographic Printing Inks Market Drivers:

Demand for Flexible Packaging is Increasing in Various Industries

Flexible packaging is seeing high demand across industries like food and beverage, personal care, consumer goods, and pharmaceuticals. Flexible packaging offers advantages like lightweight packaging, various forms of packaging like bags, pouches, and films. It also allows branding and marketing communication on packaging. All these benefits are fueling the demand for flexible packaging. As flexographic printing is a commonly used printing technique for printing on flexible substrates, the growth in flexible packaging industry is directly augmenting the flexographic printing inks market.

Flexographic Printing Inks Market Opportunity:

Growth of E-commerce is Boosting Flexible Packaging Demand

The e-commerce industry is growing rapidly worldwide. Online shopping has become a dominant way of purchasing goods and products. Rising number of online customers is propelling the demand for effective packaging solutions to protect products during shipping and warehousing. Flexible packaging like mailing bags, bubble wraps, and mailer pouches are witnessing tremendous demand from this industry. Flexible packaging offers safe, lightweight, and cost-effective packaging for e-commerce shipments. As flexible packaging demand rises on the back of booming e-commerce sector, flexographic printing inks market has potential opportunity to expand.

Flexographic Printing Inks Market Trend:

Adoption of Sustainable Ink Technologies

With increasing awareness about environmental issues, packaging manufacturers and brand owners are demanding sustainable printing technologies and materials. Ink manufacturers are focusing on developing bio-based resins, plant-based additives, and new dispersion and radiation-curable systems that reduce environmental footprint. For instance, soy-based and corn-based resins are replacing traditional petroleum-based resins. Water-based flexo inks are replacing solvent-based varieties. Use of plant-derived rheology modifiers and plasticizers in inks optimize performance. Innovation in this area through R&D can help flexographic ink players capitalize on the growing trend of sustainability in packaging industry. Adoption of green chemistry principles in manufacturing will define the future growth path of this market.

💎 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/383

Top Companies Featured in This Report:

★ Flint Group
★ Sun Chemical Corporation
★ ALTANA AG
★ Siegwerk Druckfarben AG & Co. KGaA
★ INX International Corporation
★ Wikoff Color Corporation
★ T&K TOKA Co.
★ Ltd
★ Zeller+Gmelin GmbH & Co. KG
★ TOYO Ink Group
★ RUCO Druckfarben A.M. Ramp & Co GmbH

Market Segmentation:

By Product Type:

★ By Product Type: Water-based inks, Solvent-based inks, UV-cured inks

By Applications:

★ By Application: Packaging, Other

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Trends in Navigation Keyword Market:

Market Growth: Expect significant expansion in the navigation keyword market, with a projected Compound Annual Growth Rate (CAGR) of 14.65% from 2024 to 2031.

Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.

Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.

Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.

Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.

Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.

Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.

Report Highlights:

📈 Examination of navigation keyword market share at both country and regional levels

📈 Thorough analysis of the competitive landscape and emerging trends

📈 Detailed review of product advancements, technological developments, drivers, and limitations

📈 Strategic recommendations tailored for key business segments based on market insights

📈 Valuable guidance for newcomers venturing into the navigation keyword market

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/383

Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: https://www.linkedin.com/in/alice-mutum)

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.