Flexographic Ink Market by Technology (Water, Solvent, and UV Based), Resin Type (Nitrocellulose, Polyamides, Polyurethane, Acrylic), Application (Corrugated Cardboards, Flexible Packaging, Tags & Labels, Folding Cartons) - Global Forecast to 2022
“The flexographic ink market is projected to grow at a CAGR of 4.89% during the forecast period”
The flexographic ink market is projected to reach USD 4.16 billion by 2022, at a CAGR of 4.89% between 2017 and 2022. The market growth in recent years can be attributed to the increased demand for flexographic ink in the Asia-Pacific region. The flexographic ink market is largely driven by the rising retail sales in the packaging industry. The increasing demand for printed products, such as labels, bags/cartons, direct mail, and catalogs, is expected to further fuel the overall demand of flexographic ink during the forecast period.
Manufacturers are engaged in business expansion to cater to the increased demand for flexographic ink. However, formulation and implementation of new regulations, such as REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) and various other directives to control solvent emissions are affecting the growth of the flexographic ink market across the globe. The Euro Zone crisis of 2012 has also affected the growth of the flexographic ink market globally, as several companies reduced their production as part of their cost-cutting strategy to survive in the market.
“The tags & labels segment is projected to grow at the highest CAGR between 2017 and 2022”
By application, the tags & labels segment is projected to grow at highest CAGR during the forecast period. Demand for tags & labels is driven by beverages, clothing, and other consumer goods products. Several international brand owners are focusing on promoting their brands through improved label graphics as well as the manufacturing multi-versioned labels incorporating the local languages. Flexographic ink has gained popularity in this segment as it helps in differentiating products from others, presenting information to consumers, and enhancing product visibility.
“Europe was the largest flexographic ink market in 2016”
Europe was the largest market for flexographic ink, having accounted for the maximum market share, in terms of volume, in 2016. Key countries in the European market include Germany, the U.K., France, Italy, Turkey, Spain, and Russia. The increase in demand for packaging in the region is mainly backed by the expansion of the food & beverage, healthcare, and consumer goods industries. The European Commission has also necessitated the European Committee for Standardization to develop specific standards for environmentally friendly inks, which has resulted in the increased demand for flexographic ink.
Breakup of primary interviews:
Research Coverage
This report provides a detailed segmentation of the flexographic ink market on the basis of resin type, technology, application, and region. With respect to resin type, the flexographic ink market has been segmented into polyurethanes, acrylic, polyamides, nitrocellulose, and others. On the basis of technology, the market has been segmented into water-based technology, solvent-based technology, and UV-curable technology. On the basis of application, the market has been segmented into corrugated cardboards, flexible packaging, folding cartons, and tags & labels. And on the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Reasons to Buy the Report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players in the flexographic ink market, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the flexographic ink market, high-growth regions, and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
The flexographic ink market is projected to reach USD 4.16 billion by 2022, at a CAGR of 4.89% between 2017 and 2022. The market growth in recent years can be attributed to the increased demand for flexographic ink in the Asia-Pacific region. The flexographic ink market is largely driven by the rising retail sales in the packaging industry. The increasing demand for printed products, such as labels, bags/cartons, direct mail, and catalogs, is expected to further fuel the overall demand of flexographic ink during the forecast period.
Manufacturers are engaged in business expansion to cater to the increased demand for flexographic ink. However, formulation and implementation of new regulations, such as REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) and various other directives to control solvent emissions are affecting the growth of the flexographic ink market across the globe. The Euro Zone crisis of 2012 has also affected the growth of the flexographic ink market globally, as several companies reduced their production as part of their cost-cutting strategy to survive in the market.
“The tags & labels segment is projected to grow at the highest CAGR between 2017 and 2022”
By application, the tags & labels segment is projected to grow at highest CAGR during the forecast period. Demand for tags & labels is driven by beverages, clothing, and other consumer goods products. Several international brand owners are focusing on promoting their brands through improved label graphics as well as the manufacturing multi-versioned labels incorporating the local languages. Flexographic ink has gained popularity in this segment as it helps in differentiating products from others, presenting information to consumers, and enhancing product visibility.
“Europe was the largest flexographic ink market in 2016”
Europe was the largest market for flexographic ink, having accounted for the maximum market share, in terms of volume, in 2016. Key countries in the European market include Germany, the U.K., France, Italy, Turkey, Spain, and Russia. The increase in demand for packaging in the region is mainly backed by the expansion of the food & beverage, healthcare, and consumer goods industries. The European Commission has also necessitated the European Committee for Standardization to develop specific standards for environmentally friendly inks, which has resulted in the increased demand for flexographic ink.
Breakup of primary interviews:
- By Company Type - Tier 1–50%, Tier 2–35%, and Tier 3–15%
- By Designation – C-level–38%, D-level–35%, and Others–27%
- By Region - Asia-Pacific–25%, North America–25%, Europe–24%, South America-13%, and the Middle East & Africa-13%
Research Coverage
This report provides a detailed segmentation of the flexographic ink market on the basis of resin type, technology, application, and region. With respect to resin type, the flexographic ink market has been segmented into polyurethanes, acrylic, polyamides, nitrocellulose, and others. On the basis of technology, the market has been segmented into water-based technology, solvent-based technology, and UV-curable technology. On the basis of application, the market has been segmented into corrugated cardboards, flexible packaging, folding cartons, and tags & labels. And on the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Reasons to Buy the Report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players in the flexographic ink market, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the flexographic ink market, high-growth regions, and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on flexographic ink offered by the top players in the flexographic ink market
- Product Development/Innovations: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the flexographic ink market
- Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for flexographic ink across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the flexographic ink market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the flexographic ink market
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKETS S
1.4 YEAR CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 PACKAGE SIZE
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN FLEXOGRAPHIC INK MARKET
4.2 FLEXOGRAPHIC INK MARKET, BY APPLICATION
4.3 FLEXOGRAPHIC INK MARKET: DEVELOPED VS. DEVELOPING COUNTRIES
4.4 ASIA-PACIFIC FLEXOGRAPHIC INK MARKET, BY APPLICATION AND COUNTRY
4.5 INDIA AND CHINA TO GROW AT FASTER RATE IN FLEXOGRAPHIC INK MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for flexographic printing ink from packaging industry
5.2.1.2 Increased demand for UV-curable inks
5.2.1.3 New ink resin technologies
5.2.2 RESTRAINTS
5.2.2.1 Mature market in developed countries
5.2.2.2 UnsTable prices of raw materials
5.2.3 OPPORTUNITIES
5.2.3.1 Water-based flexographic ink replacing solvent-based inks
5.2.3.2 Growing importance of UV-curable technology in food packaging
5.2.4 CHALLENGES
5.2.4.1 Packaging and printing regulations
5.2.4.2 Shifting of market from print media to digital media
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 PORTER’S FIVE FORCES ANALYSIS
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 THREAT OF SUBSTITUTES
6.2.3 BARGAINING POWER OF SUPPLIERS
6.2.4 BARGAINING POWER OF BUYERS
6.2.5 INTENSITY OF COMPETITIVE RIVALRY
6.3 PATENT DETAILS
6.3.1 INTRODUCTION
6.3.2 PATENT DETAILS
7 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE
7.1 INTRODUCTION
7.2 POLYAMIDES RESIN
7.2.1 REACTIVE POLYAMIDES
7.2.2 NON-REACTIVE POLYAMIDES
7.2.2.1 Co-solvent Polyamides
7.2.2.2 Alcohol Soluble Polyamides
7.2.3 NITROCELLULOSE
7.2.3.1 RS Nitrocellulose
7.2.3.2 SS Nitrocellulose
7.2.4 POLYURETHANE
7.2.5 ACRYLIC RESINS
7.2.5.1 Acrylic solution resins
7.2.5.2 Acrylic aqueous emulsions
7.2.5.3 Acrylic NAD
7.2.5.4 Water-based inks
7.2.6 OTHER RESINS
8 FLEXOGRAPHIC INK MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
8.2 WATER-BASED TECHNOLOGY
8.3 SOLVENT BASED TECHNOLOGY
8.4 UV-CURABLE TECHNOLOGY
9 FLEXOGRAPHIC INK MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 FLEXIBLE PACKAGING
9.3 CORRUGATED CARDBOARD
9.4 FOLDING CARTONS
9.5 TAGS & LABELS
10 FLEXOGRAPHIC INK MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA-PACIFIC
10.2.1 CHINA
10.2.2 JAPAN
10.2.3 INDIA
10.2.4 SOUTH KOREA
10.2.5 VIETNAM
10.2.6 THAILAND
10.2.7 INDONESIA
10.2.8 REST OF ASIA-PACIFIC
10.3 EUROPE
10.3.1 GERMANY
10.3.2 RUSSIA
10.3.3 FRANCE
10.3.4 U.K.
10.3.5 ITALY
10.3.6 TURKEY
10.3.7 SPAIN
10.3.8 REST OF EUROPE
10.4 NORTH AMERICA
10.4.1 U.S.
10.4.2 CANADA
10.4.3 MEXICO
10.5 MIDDLE EAST & AFRICA
10.5.1 IRAN
10.5.2 SAUDI ARABIA
10.5.3 AFRICA
10.5.4 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.2 ARGENTINA
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 NEW PRODUCT LAUNCHES
11.3 PARTNERSHIPS
11.3.1 PARTNERSHIPS, 2014–2016
11.4 MERGERS & ACQUISITIONS
11.5 EXPANSIONS
11.6 MARKET SHARE ANALYSIS
12 COMPANY PROFILES
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 DIC CORPORATION
12.2 SIEGWERK DRUCKFARBEN AG & CO. KGAA
12.3 TOYO INK SC HOLDINGS CO., LTD.
12.4 SAKATA INX CORPORATION
12.5 FLINT GROUP
12.6 T&K TOKA CO. LTD.
12.7 THE BRADEN SUTPHIN INK COMPANY
12.8 ALDEN & OTT PRINTING INKS COMPANY
12.9 NAZDAR COMPANY INC.
12.10 COLOR RESOLUTIONS INTERNATIONAL
12.11 OTHER PLAYERS
*Details might not be captured in case of unlisted companies
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKETS S
1.4 YEAR CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 PACKAGE SIZE
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN FLEXOGRAPHIC INK MARKET
4.2 FLEXOGRAPHIC INK MARKET, BY APPLICATION
4.3 FLEXOGRAPHIC INK MARKET: DEVELOPED VS. DEVELOPING COUNTRIES
4.4 ASIA-PACIFIC FLEXOGRAPHIC INK MARKET, BY APPLICATION AND COUNTRY
4.5 INDIA AND CHINA TO GROW AT FASTER RATE IN FLEXOGRAPHIC INK MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for flexographic printing ink from packaging industry
5.2.1.2 Increased demand for UV-curable inks
5.2.1.3 New ink resin technologies
5.2.2 RESTRAINTS
5.2.2.1 Mature market in developed countries
5.2.2.2 UnsTable prices of raw materials
5.2.3 OPPORTUNITIES
5.2.3.1 Water-based flexographic ink replacing solvent-based inks
5.2.3.2 Growing importance of UV-curable technology in food packaging
5.2.4 CHALLENGES
5.2.4.1 Packaging and printing regulations
5.2.4.2 Shifting of market from print media to digital media
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 PORTER’S FIVE FORCES ANALYSIS
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 THREAT OF SUBSTITUTES
6.2.3 BARGAINING POWER OF SUPPLIERS
6.2.4 BARGAINING POWER OF BUYERS
6.2.5 INTENSITY OF COMPETITIVE RIVALRY
6.3 PATENT DETAILS
6.3.1 INTRODUCTION
6.3.2 PATENT DETAILS
7 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE
7.1 INTRODUCTION
7.2 POLYAMIDES RESIN
7.2.1 REACTIVE POLYAMIDES
7.2.2 NON-REACTIVE POLYAMIDES
7.2.2.1 Co-solvent Polyamides
7.2.2.2 Alcohol Soluble Polyamides
7.2.3 NITROCELLULOSE
7.2.3.1 RS Nitrocellulose
7.2.3.2 SS Nitrocellulose
7.2.4 POLYURETHANE
7.2.5 ACRYLIC RESINS
7.2.5.1 Acrylic solution resins
7.2.5.2 Acrylic aqueous emulsions
7.2.5.3 Acrylic NAD
7.2.5.4 Water-based inks
7.2.6 OTHER RESINS
8 FLEXOGRAPHIC INK MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
8.2 WATER-BASED TECHNOLOGY
8.3 SOLVENT BASED TECHNOLOGY
8.4 UV-CURABLE TECHNOLOGY
9 FLEXOGRAPHIC INK MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 FLEXIBLE PACKAGING
9.3 CORRUGATED CARDBOARD
9.4 FOLDING CARTONS
9.5 TAGS & LABELS
10 FLEXOGRAPHIC INK MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA-PACIFIC
10.2.1 CHINA
10.2.2 JAPAN
10.2.3 INDIA
10.2.4 SOUTH KOREA
10.2.5 VIETNAM
10.2.6 THAILAND
10.2.7 INDONESIA
10.2.8 REST OF ASIA-PACIFIC
10.3 EUROPE
10.3.1 GERMANY
10.3.2 RUSSIA
10.3.3 FRANCE
10.3.4 U.K.
10.3.5 ITALY
10.3.6 TURKEY
10.3.7 SPAIN
10.3.8 REST OF EUROPE
10.4 NORTH AMERICA
10.4.1 U.S.
10.4.2 CANADA
10.4.3 MEXICO
10.5 MIDDLE EAST & AFRICA
10.5.1 IRAN
10.5.2 SAUDI ARABIA
10.5.3 AFRICA
10.5.4 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.2 ARGENTINA
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 NEW PRODUCT LAUNCHES
11.3 PARTNERSHIPS
11.3.1 PARTNERSHIPS, 2014–2016
11.4 MERGERS & ACQUISITIONS
11.5 EXPANSIONS
11.6 MARKET SHARE ANALYSIS
12 COMPANY PROFILES
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 DIC CORPORATION
12.2 SIEGWERK DRUCKFARBEN AG & CO. KGAA
12.3 TOYO INK SC HOLDINGS CO., LTD.
12.4 SAKATA INX CORPORATION
12.5 FLINT GROUP
12.6 T&K TOKA CO. LTD.
12.7 THE BRADEN SUTPHIN INK COMPANY
12.8 ALDEN & OTT PRINTING INKS COMPANY
12.9 NAZDAR COMPANY INC.
12.10 COLOR RESOLUTIONS INTERNATIONAL
12.11 OTHER PLAYERS
*Details might not be captured in case of unlisted companies
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 FLEXOGRAPHIC INK MARKET SNAPSHOT, 2017–2022
Table 2 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE, 2015–2022 (KT)
Table 3 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE, 2015–2022 (USD MILLION)
Table 4 POLYAMIDE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 5 POLYAMIDE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 6 NITROCELLULOSE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 7 NITROCELLULOSE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 8 POLYURETHANE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 9 POLYURETHANE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 10 ACRYLIC RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 11 ACRYLIC RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 12 OTHER RESINS MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 13 OTHER RESINS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 14 FLEXOGRAPHIC INK MARKET SIZE, BY TECHNOLOGY, 2015–2022 (KT)
Table 15 FLEXOGRAPHIC INK MARKET SIZE, BY TECHNOLOGY, 2015–2022 (USD MILLION)
Table 16 WATER-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 17 WATER-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 18 SOLVENT-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 19 SOLVENT-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 20 UV-CURABLE TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 21 UV-CURABLE TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 22 FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 23 FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 24 FLEXOGRAPHIC INK MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION, 2015–2022 (KT)
Table 25 FLEXOGRAPHIC INK MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION, 2015–2022 (USD MILLION)
Table 26 FLEXOGRAPHIC INK MARKET SIZE IN CORRUGATED CARDBOARD, BY REGION, 2015–2022 (KT)
Table 27 FLEXOGRAPHIC INK MARKET SIZE IN CORRUGATED CARDBOARD, BY REGION, 2015–2022 (USD MILLION)
Table 28 FLEXOGRAPHIC INK MARKET SIZE IN FOLDING CARTONS, BY REGION, 2015–2022 (KT)
Table 29 FLEXOGRAPHIC INK MARKET SIZE IN FOLDING CARTONS, BY REGION, 2015–2022 (USD MILLION)
Table 30 FLEXOGRAPHIC INK MARKET SIZE IN TAGS & LABELS, BY REGION, 2015–2022 (KT)
Table 31 FLEXOGRAPHIC INK MARKET SIZE IN TAGS & LABELS, BY REGION, 2015–2022 (USD MILLION)
Table 32 FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 33 FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 34 ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2017–2022 (KT)
Table 35 ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2017–2022 (USD MILLION)
Table 36 CHINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 37 CHINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 38 JAPAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 39 JAPAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 40 INDIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 41 INDIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 42 SOUTH KOREA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 43 SOUTH KOREA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 44 VIETNAM: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 45 VIETNAM: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 46 THAILAND: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 47 THAILAND: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 48 INDONESIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 49 INDONESIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 50 REST OF ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 51 REST OF ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 52 EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 53 EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 54 GERMANY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 55 GERMANY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 56 RUSSIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 57 RUSSIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 58 FRANCE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 59 FRANCE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 60 U.K.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 61 U.K.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 62 ITALY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 63 ITALY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 64 TURKEY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 65 TURKEY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 66 SPAIN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 67 SPAIN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 68 REST OF EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 69 REST OF EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 70 NORTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 71 NORTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 72 U.S.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 73 U.S.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 74 CANADA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 75 CANADA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 76 MEXICO: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 77 MEXICO: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 78 MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 79 MIDDLE EAST AND AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 80 IRAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 81 IRAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 82 SAUDI ARABIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 83 SAUDI ARABIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 84 AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 85 AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 86 REST OF MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 87 REST OF MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 88 SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 89 SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 90 BRAZIL: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 91 BRAZIL: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 92 ARGENTINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 93 ARGENTINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 94 REST OF SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 95 REST OF SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 96 NEW PRODUCT LAUNCHES, 2014–2016
Table 97 MERGERS & ACQUISITIONS, 2014–2016
Table 98 EXPANSIONS, 2014-2016
Table 1 FLEXOGRAPHIC INK MARKET SNAPSHOT, 2017–2022
Table 2 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE, 2015–2022 (KT)
Table 3 FLEXOGRAPHIC INK MARKET, BY RESIN TYPE, 2015–2022 (USD MILLION)
Table 4 POLYAMIDE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 5 POLYAMIDE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 6 NITROCELLULOSE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 7 NITROCELLULOSE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 8 POLYURETHANE RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 9 POLYURETHANE RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 10 ACRYLIC RESIN MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 11 ACRYLIC RESIN MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 12 OTHER RESINS MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 13 OTHER RESINS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 14 FLEXOGRAPHIC INK MARKET SIZE, BY TECHNOLOGY, 2015–2022 (KT)
Table 15 FLEXOGRAPHIC INK MARKET SIZE, BY TECHNOLOGY, 2015–2022 (USD MILLION)
Table 16 WATER-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 17 WATER-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 18 SOLVENT-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 19 SOLVENT-BASED TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 20 UV-CURABLE TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 21 UV-CURABLE TECHNOLOGY: FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 22 FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 23 FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 24 FLEXOGRAPHIC INK MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION, 2015–2022 (KT)
Table 25 FLEXOGRAPHIC INK MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION, 2015–2022 (USD MILLION)
Table 26 FLEXOGRAPHIC INK MARKET SIZE IN CORRUGATED CARDBOARD, BY REGION, 2015–2022 (KT)
Table 27 FLEXOGRAPHIC INK MARKET SIZE IN CORRUGATED CARDBOARD, BY REGION, 2015–2022 (USD MILLION)
Table 28 FLEXOGRAPHIC INK MARKET SIZE IN FOLDING CARTONS, BY REGION, 2015–2022 (KT)
Table 29 FLEXOGRAPHIC INK MARKET SIZE IN FOLDING CARTONS, BY REGION, 2015–2022 (USD MILLION)
Table 30 FLEXOGRAPHIC INK MARKET SIZE IN TAGS & LABELS, BY REGION, 2015–2022 (KT)
Table 31 FLEXOGRAPHIC INK MARKET SIZE IN TAGS & LABELS, BY REGION, 2015–2022 (USD MILLION)
Table 32 FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (KT)
Table 33 FLEXOGRAPHIC INK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
Table 34 ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2017–2022 (KT)
Table 35 ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2017–2022 (USD MILLION)
Table 36 CHINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 37 CHINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 38 JAPAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 39 JAPAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 40 INDIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 41 INDIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 42 SOUTH KOREA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 43 SOUTH KOREA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 44 VIETNAM: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 45 VIETNAM: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 46 THAILAND: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 47 THAILAND: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 48 INDONESIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 49 INDONESIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 50 REST OF ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 51 REST OF ASIA-PACIFIC: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 52 EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 53 EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 54 GERMANY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 55 GERMANY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 56 RUSSIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 57 RUSSIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 58 FRANCE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 59 FRANCE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 60 U.K.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 61 U.K.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 62 ITALY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 63 ITALY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 64 TURKEY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 65 TURKEY: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 66 SPAIN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 67 SPAIN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 68 REST OF EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 69 REST OF EUROPE: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 70 NORTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 71 NORTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 72 U.S.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 73 U.S.: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 74 CANADA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 75 CANADA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 76 MEXICO: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 77 MEXICO: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 78 MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 79 MIDDLE EAST AND AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 80 IRAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 81 IRAN: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 82 SAUDI ARABIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 83 SAUDI ARABIA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 84 AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 85 AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 86 REST OF MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 87 REST OF MIDDLE EAST & AFRICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 88 SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (KT)
Table 89 SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
Table 90 BRAZIL: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 91 BRAZIL: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 92 ARGENTINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 93 ARGENTINA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 94 REST OF SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (KT)
Table 95 REST OF SOUTH AMERICA: FLEXOGRAPHIC INK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
Table 96 NEW PRODUCT LAUNCHES, 2014–2016
Table 97 MERGERS & ACQUISITIONS, 2014–2016
Table 98 EXPANSIONS, 2014-2016
The report "Flexographic Ink Market by Technology (Water, Solvent, and UV Based), Resin Type (Nitrocellulose, Polyamides, Polyurethane, Acrylic), Application (Corrugated Cardboards, Flexible Packaging, Tags & Labels, Folding Cartons) - Global Forecast to 2022", The flexographic ink market is projected to grow from USD 3.27 Billion in 2017 to USD 4.16 Billion by 2022, at a CAGR of 4.89% during the forecast period.
Major companies profiled in this report include:
DIC Corporation (Japan), Siegwerk Druckfarben AG & Co. KGaA (Germany), Sakata Inx (Japan), Toyo Ink S.C. Holdings Co. Ltd. (Japan), Flint Group (Luxembourg), and T&K Toka (Japan) among others.
These companies have adopted various organic and inorganic growth strategies to enhance their businesses and increase their shares in the flexographic ink market.
This report provides a detailed segmentation of the flexographic ink market on the basis of resin type, technology, application, and region. With respect to resin type, the flexographic ink market has been segmented into polyurethanes, acrylic, polyamides, nitrocellulose, and others. On the basis of technology, the market has been segmented into water-based technology, solvent-based technology, and UV-curable technology. On the basis of application, the market has been segmented into corrugated cardboards, flexible packaging, folding cartons, and tags & labels. And on the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Among applications, the corrugated cardboards segment accounted for the largest share of the market in 2016, in terms of value. Rising demand from the packaging industry is driving the growth of the flexographic ink market. The increasing demand for biodegradable & renewable flexographic ink is expected to further fuel the growth of the flexographic ink market during the forecast period.
Acrylic segment accounted for a major share of the flexographic ink market in 2016
Acrylic resins are preferred over other resins as they offer good plasticizer resistance, excellent solvent resistance, high flexibility, and impact resistance. They also offer excellent color, high gloss, and retention of performance properties at high temperature.
Water-based segment accounted for the largest share of the flexographic ink market in 2016
By technology, the water-based segment accounted for the largest market share in 2016. The growth of this segment can be attributed to the various properties of water-based flexographic inks, such as less flammability, low VOC emissions, stable viscosity, and environment-friendliness, among others.
Corrugated cardboards segment to be the largest application segment of the market between 2017 and 2022
Corrugated cardboards are an effective form of packaging used in the shipment of products. They are cost-effective and offer protection and easy identification of the products. These cardboards are made of natural, environmentally friendly materials and have an excellent ability to recycle and recover. The growth of the corrugated cardboards segment is mainly backed by the rising demand for packaging of healthcare products, cigarettes, frozen foods, and dry foods.
The Asia-Pacific flexographic ink market is projected to grow at the highest CAGR during the forecast period
The Asia-Pacific flexographic ink market is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the rising demand for flexographic ink from the region’s emerging economies, such as India, China, South Korea, Vietnam, and Indonesia, among others. Factors such as improving standards of living and rising per capita income of countries of the region are also fueling the growth of the Asia-Pacific flexographic ink market.
