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Flexographic Ink Market | Covid-19 Impact Analysis
Flexographic Ink Market is Segmented by Resin Type (Polyamide Resin, Nitrocellulose, Polyurethane, Acrylic Resins, and Others), by Technology Type (Water-Based, Solvent-Based, and UV-Curable), by Application Type (Flexible Packaging, Corrugated Cardboard, Folding Cartons, Tags & Labels, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Flexographic Ink Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The market is driven by the growing demand for flexographic ink from end-use applications, such as flexible packaging, corrugated cardboard, folding cartons, tags & labels, and others. The growth of the market is further attributed to the enhanced investments made by the key players to launch economical products, expansion, and merger and acquisition activities.
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Flexographic Ink Market - Snapshot |
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Growth |
5.2% for the next five years |
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Major Resin Type |
Acrylic resins |
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Major Technology Type |
Water-based technology |
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Dominant Application Type |
Corrugated cardboard |
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Region with the highest demand |
Europe |
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Key Players |
DIC Corporation, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Ltd., Sakata Inx Corporation, Flint Group, T&K Toka Co. Ltd., The Braden Sutphin Ink Company, Alden & Ott Printing Inks Company, Nazdar Company Inc., and Color Resolutions International. |
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Based on the resin type, the market is segmented as polyamide resins, nitrocellulose, polyurethane, acrylic resins, and others. The acrylic resins segment dominated the market owing to their extensive application in binders for paper and fiber processing, backlights for LCDs, and display windows for cell phones.
Based on the technology type, the market is segmented as water-based, solvent-based, and UV-Curable. The water-based technology dominated the market as it finds wide usage in corrugated cardboard, printing paper, plastics, and food packaging.
Based on the application type, the flexographic ink market is segmented into flexible packaging, corrugated cardboard, folding cartons, tags & labels, and others. The corrugated cardboard segment is estimated to be the largest segment during the forecast period. Strong demand from packaging industries for cigarettes, healthcare products, and frozen foods are the major growth drivers for the dominance of the corrugated cardboard segment.
Europe is estimated to be the largest market for flexographic ink during the forecast period. Increasing demand for packaging from industries, such as food & beverage, healthcare, and consumer goods is the major factor behind the dominance of Europe in the global flexographic ink market. Asia-Pacific is expected to remain the fastest-growing market for flexographic ink during the forecast period. China, Japan, Taiwan, and South Korea are the growth engines of the region, owing to the rising demand for convenient packaging from a wide array of end-use industries, such as electricals & electronics, FMCG, food & beverage, and others.
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Some of the flexographic ink manufacturers are-
Flexographic Ink is the ink type that is transferred through the flexography process. The ink type is mainly used in the printing of different packaging materials.
Flexographic ink can be made by different resins types such as polyamide resins, nitrocellulose, polyurethane, acrylic resins, and others. Flexible packaging, corrugated cardboard, folding cartons, tags, labels, and others are the different applications areas where flexographic ink is used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Flexographic Ink Market Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The flexographic ink market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Flexographic Ink is the ink type that is transferred through flexography process. The ink type is mainly used in printing of different packaging materials. Flexographic ink can be made by different resins types such as polyamide resins, nitrocellulose, polyurethane, acrylic resins, and others. Flexible packaging, corrugated cardboard, folding cartons, tags, labels, and others are the different applications areas where flexographic ink is used.
Flexographic Ink Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The market is driven by the growing demand for flexographic ink from end-use applications, such as flexible packaging, corrugated cardboard, folding cartons, tags & labels, and others. The growth of the market is further attributed to the enhanced investments made by the key players to launch economical products, expansion, and merger and acquisition activities.
Europe is estimated to be the largest market for flexographic ink during the forecast period.
Some of the flexographic ink manufacturers are DIC Corporation, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Ltd., Sakata Inx Corporation, Flint Group, T&K Toka Co. Ltd., The Braden Sutphin Ink Company, Alden & Ott Printing Inks Company, Nazdar Company Inc., and Color Resolutions International.
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