Flexographic Printing Inks Market Exceeding USD 11 billion by 2024
Flexographic printing technique has gained massive popularity as it is compatible with many substrates. Packaging is extensively used in all the industries including pharmaceuticals, food & beverage, cosmetics & personal care which is boosting flexographic printing inks industry.
Request for a sample of this report@ www.gminsights.com/request-sample/detail/1163
According to Global Market Insights, Inc., “Flexographic Printing Inks Market is estimated to surpass USD 11 billion by 2024 and grow at an annual rate of 5% over the period of 2016-2024.”
On the basis of products, the flexographic printing inks industry is segmented into solvent-based, water- based, and UV-curved type. In 2015, water-based flexographic printing inks market led the overall industry, owing to its wide use in cardboard printing, newspaper printing, and paper printing. Water-based product market is poised to see fast-paced growth due to favorable government regulations regarding the usage of low volatile organic compound-based inks. Solvent-based and UV-curved product are particularly preferred across the cosmetic and food packaging sectors.
Asia Pacific to lead the regional landscape
APAC flexographic printing inks industry is expanding rapidly, having had over 35% of the total volume in 2015. Changing consumer lifestyle has positively impacted the end-user industries in the region. In addition to this, shifting focus of the pharmaceutical manufactures toward developing economies such as India and China, due to rise in per capita income of the middle-class population and favorable government norms will stimulate regional flexographic printing inks market.
Browse Full Report Summary
Flexographic Printing Inks Market Size By Product (Water-based, Solvent-based, UV-cured), By Application (Flexible Packaging, Corrugated Containers, Folding Cartons, Tags & Labels), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
Europe is another prominent region witnessing considerable gains at a CAGR of 4.5% over 2016-2024. France and Germany are leading the regional growth. Huge deployment of cosmetic manufacturing units will boost the growth of flexographic printing inks industry.
Packaging application to be a major revenue contributor
Escalating end-use industry comprising cosmetics, food & beverage, and pharmaceutical sectors will generate heavy demand for flexible packaging. The packaging application includes printing on flexible packaging, metal cans, corrugated containers, tags & labels, and folding cartons. Excellent characteristics such as moisture resistance, sealing, appealing aesthetic, and aroma preservation will significantly impact the product demand by 2024.
Notable participants in flexographic printing inks industry include INX International Ink Co., XSYS Print Solutions Zhongshan Dic Colour Co., Ltd., Sun Chemical, Flint Group, TOYO Ink, INX International, Altana Chemicals company, TOKA, and Taiyuan Coates Lorilleux Chemicals Ltd.
Inquire Before Buying This Report@ www.gminsights.com/inquiry-before-buying/1163
Asia Pacific dominated the regional landscape by accounting for 35% of the global flexographic printing inks market share in 2015, and is predicted to exhibit noticeable growth rate over the coming years. The growth can be attributed to the growing trend of flex-based advertisements to attract more customers. In addition, many of the consumer-based industries such as food & beverages, cosmetics, and pharmaceuticals are using flexographic printing technology for the packaging of products, which will also influence flexographic printing inks industry size significantly.
The presence of numerous packaged food industries will stimulate North America flexographic printing inks market value over the coming timeframe. U.S. will contribute considerably toward the regional share.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexographic Printing Inks Market Exceeding USD 11 billion by 2024 here
News-ID: 746073 • Views: 211
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet
More Releases for Flexographic
Flexographic Blades Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Flexographic Blades market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Flexographic Bladesmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of Flexographic Bladesmarket, market definition, overview, industry opportunities and trends, investment
Flexographic Press Market Size, Share, Development by 2025
Market Research Report Store offers a latest published report on Flexographic Press Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. Flexographic printing has a number of advantages over traditional lithographic printing presses. It has a faster startup time and can print using a wide variety of ink on almost any substrate. It can also print on plastics, metallic films, cellophane,
Flexographic Printing Inks Market Future and Forecast 2025
Flexographic printing process involves dyestuff as colorants for printing applications. Growing preferences among consumer for flexible & colorful packaging and technological advancements in printing techniques coupled with high quality printing inks with low VOC content is expected to boost growth of the flexographic printing inks market. Major players in the market focus on new product development and integrating new technologies in existing product portfolio to meet rising demand of its
Flexographic Printing Technology Market to Dominate by 2026
Introduction: Flexography (abbreviated as flexo) is a form of rotary web letterpress, combining features of both rotogravure printing and letterpress which utilizes a flexible relief plate for printing. Flexographic printing is primarily used for printing metallic films, plastic, cellophane and other non-porous substrate which are required for various types of packaging and is well suited for solid colour large area printing application. Its widespread adoption is mainly attributed to two
Flexographic Ink Market 2017- DIC Corporation, Flint Group
The Global Flexographic Ink Market Analysis & Forecast Report 2017 is a professional and in-depth study on the current state of the Flexographic Ink Market. The report analysis the global market of Flexographic Ink by main manufactures and geographic regions. The report includes Flexographic Ink definitions, classifications, applications and industry chain structure, development trends, competitive landscape analysis, and key regions development and market status. Request for sample @ https://goo.gl/WcGhZ8 For main Vendors,
Flexographic Press Market 2017 Industry Analysis Report
Here comes the New Version of Flexographic Press Market Research Report is a core market research report in this current market. This report majorly discuss the global and regional market, major manufacturers and segment market details various classifications and mode of applications. Do u Want Sample of report then visit at: https://www.1marketresearch.com/sample/?flag=rs&rep_id=3193&sku=1764 Top Manufacturers which covers in this report: Giugni Uteco Converting Saldoflex Chyi Yang Industrial Comexi Group Industries Hemingstone Machinery BOBST WINDMOLLER & HOLSCHER Nuova Gidue Rotatek KBA-Flexotecnica SMAG GRAPHIQUE Pannier QUEEN'S ENGINEERING BONARDI Shaanxi Beiren Printing Machinery Heidelberger