Flexographic Printing Inks Market By Product (Water-based, Solvent-based, UV-cured)
Date: 2018-12-31   Author: Rahul Varpe  Category: #market

Flexographic Printing Inks Market By Product (Water-based, Solvent-based, UV-cured)

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.

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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.

Regionally, Europe flexographic printing inks industry is expected to register an annual growth rate of more than 4.5% over the period of 2016 to 2024. Large consumer and manufacturing base in this region will stimulate the market growth. Germany and France will be the prominent revenue contributors of Europe flexographic inks industry.

Based on the products, flexographic printing inks market is primarily divided into solvent-based, water-based, and UV curved. UV curved products will register the highest annual growth rate of 6% over the period of 2016 to 2024. This growth rate can be credited to its growing adoption across the globe pertaining to its rapid printing capability. In addition, UV curved flexographic printing inks provide the benefits of rub resistance, color consistency, chemical resistance, and brightness.

Water-based flexographic printing inks industry collected a maximum revenue share in 2015 and is projected to record considerable growth rate over the coming seven years, owing to its increasing usage for newspaper printing, cardboard printing, and paper printing. Strict government legislations regarding the limitations on VOC based inks will also favor the water-based flexographic printing inks market growth.   

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Flexographic Printing Inks Market is slated to exhibit a remarkable growth rate over the coming seven years, owing to increasing product demand from the lucrative food packaging sector. Changing business trends to acquire a stronger consumer base by ensuring attractive packaging will influence the industry share notably. According to Global Market Insights, Inc., “Worldwide Flexographic Printing Inks market is predicted to surpass a revenue share of USD 11 billion by 2024.”
 

Folding cartons, flexible packaging, tags & labels, and corrugated containers are some of the prominent application areas of flexographic printing inks industry. The flexible packaging application will exhibit a CAGR of more than 4% over the coming years of 2016 to 2024, owing to its significant usage in the pharmaceutical, food & beverage, cosmetic, and retail sectors.

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Flexographic printing inks market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:

Flexographic printing inks market, product by application
o    Water-based inks
•    Flexible packaging
•    Corrugated containers
•    Folding cartons
•    Tags and labels
•    Others

o    Solvent-based inks
•    Flexible packaging
•    Corrugated containers
•    Folding cartons
•    Tags and labels
•    Others

o    UV-cured inks
•    Flexible packaging
•    Corrugated containers
•    Folding cartons
•    Tags and labels
•    Others

o    Others
•    Flexible packaging
•    Corrugated containers
•    Folding cartons
•    Tags and labels
•    Others


 



About Author


Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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