South Africa's Printing Inks Market 2016-2024 - Stability of Printing Industry Threatened by Rising Shift toward Digital Media

Printing inks is a liquid or paste that contains pigments or dyes mixed with oil or solvents or water. Printing inks are used to color surfaces such as paper, cardboard, and ceramic tiles to produce an image, text, or design. These inks can be classified into liquid and paste. Liquid inks are employed in gravure and flexographic printing processes, while paste inks are used in offset printing process. Pigments are extensively used in printing inks as colorants (except in flexographic printing process). Invisible or fluorescent printing dye stuff is used as colorants in flexographic printing process and some other special applications such as heat transfer printing.

The report provides in-depth analysis and forecast of the printing inks market in South Africa. It includes forecast for the period from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the printing inks market in South Africa. Secondary sources typically include company websites, relevant magazines, government documents, and press releases.

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The top-down approach has been adopted to derive the revenue and volume figures for the printing inks market in South Africa. Furthermore, the bottom-up approach has been employed to derive data for various application segments based on demand for printing inks. A combination of top-down and bottom-up approaches helps validate the quantitative data. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

South Africa Printing Inks Market: Scope of the Study

Detailed analysis of various factors driving the printing inks market in South Africa has been included for astute decision making. Impact of these drivers has been analyzed with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the course of the forecast period. The report also comprises various opportunities available for market growth during the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the printing inks market in South Africa during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the printing inks industry, from raw material suppliers to end-users. Various processes employed in the manufacture of printing inks have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis comprises the market share of dominant players in 2015, based on their production capacities. Furthermore, market attractiveness analysis has been conducted to analyze product segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each product segment.

South Africa Printing Inks Market: Segmentation

Based on application, the printing inks market in South Africa has been segmented into screen printing inks, flexographic printing inks, gravure printing inks, offset printing inks, digital printing inks, and specialty inks. The report comprises detailed analysis of all the segments in the printing inks market in South Africa and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of end-user, the market has been segmented into publication & commercial printing, packaging, textiles, metal cans, and others (decorative inks, etc.). Demand for printing inks in each of its application segments has been analyzed and forecast for the period of eight years.

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South Africa Printing Inks Market: Competitive Landscape

The report also comprises profiles of leading companies in the printing inks market in South Africa. These include New Africa Inks (Pty) Limited, GL Specialized Inks (Pty) Ltd., Constantia Printing Inks, Hi-Tech Inks (Pty) Ltd., Millian Inks, Select Inks, Flint Group South Africa Ltd., NUtec Digital Ink (Pty) Ltd., and Hostmann-Steinberg South Africa (Pty) Ltd. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.

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