Market Research Report
Global Flexographic Ink Market 2013-2023
|Published by||Market Krystal||Product code||913281|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Flexographic Ink Market 2013-2023|
|Published: September 1, 2019||Content info: 120-150 Pages||
Flexographic printing is one of the most used printing techniques used in the packaging industry. The main element for flexographic printing is flexographic ink. Flexographic ink is transferred on the substrate with the help of a process named as flexography. These inks are majorly used in the end use industries such as food and beverage, cosmetics and pharmaceuticals.
Flexographic ink is commonly used for printing of packaging solutions. Apart from packaging solutions it is used for multiple types of printing namely, printing of plastics, paper bags, catalogues, cardboard box, banners and hoardings.
The report on global flexographic ink market shows insights on the current market scenario by conducting more than 280 hours of primary and secondary research. As per the report, global flexographic ink market is growing its area and effective sphere of influence very fast and is gaining popularity. The global flexographic ink market was valued at US $ xxx billion in 2018 and expected to witness a rise in its market valuation up to US $ xxx billion by the year 2023. The CAGR in the forecasted period is expected to be around xx %.
The main reason for the growth of flexographic ink market is the fact that it is environment friendly. Apart from being environment friendly, flexographic ink is very cost efficient thus helping in the growth of this market. In addition, the increase in demand for flexographic ink is in turn increasing the growth of printing industries; this is also a major factor for the rise of this market. Foreign direct investment also plays a crucial role in the growth of this industry because of the increasing investments in the developing countries.
Though this product is environment friendly but still it possesses volatile organic compounds because of which it is highly monitored by the FDA, as this product is also used in the food and beverage market, because of this factor the market for flexographic ink might suffer some impediments to its growth.
In the region wise growth of flexographic market in the forecast period, Asia Pacific and Middle East & Africa are projected to have a positive growth in this market. Europe is expected to be a major market for flexographic ink. Germany, France and U.K are said to be a potential market for flexographic ink. North America is also said to be a major sector for flexographic ink market, in this region U.S and Canada are said to be an important market for this region.
The key players in the market of flexographic ink are Sun Chemical Corp. Inc, Siegwerk Druckfarben AG & Co. KGaA, DIC Corporation, Flint Group, Zeller + Gmelin GmbH & Co., RUCO Druckfarben, T&K TOKA Corporation, Wikoff Color Corporation., INX International Ink Co., Sakata Inx Pvt. Ltd, Toyo Ink S.C. Holdings.
The research procedure starts with the bifurcation of different market segments of global flexographic ink market, followed by detection of factors affecting the growth each segment. Then, the market forecasts are done based on the inputs given by the business leaders across global flexographic ink industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type: Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (35%), Asia (30%), Europe (35%)
By designation: Top level (40%), Operation level (30%), Mid-level (30%)