Flexographic Ink Market 2021 Size and Share, Future Demands, Growth Factors and Drivers, Emerging Trends, Competitive Landscape and Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Flexographic Ink Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Flexographic Ink Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Flexographic Ink Market is estimated to reach $15.3 billion by 2025; growing at a CAGR of 4.7% from 2017 to 2025. The flexographic ink is used for printing widespread materials such as paper bags, plastic bags, and cardboard boxes, among others. The growing packaging industry around the globe is the key driving factor for the growth of the global flexographic ink market over the forecasted period. Various end use industries finding usage of flexographic ink includes flexible packaging, tags and labels, rigid packaging, as well as paper printing. With the increasing global population coupled with growing consumer expenditure, the flexographic ink market is expected to register high growth over the forecasted period.

Major factors driving the global flexographic ink market are mounting demand for UV-cured printing inks, expanding packaging industry, and increasing population & consumer expenditure. However, fluctuating raw materials prices may hamper the market growth. Though, water based flexographic ink exchanging solvent-based inks, as well as mounting emphasis on UV curable technology in food packaging would unfold with numerous growth opportunities in the forecasted year.

Major segments of the global flexographic ink market are resin type, technology, end use industry, and geography. The resin type segment comprises polyurethane, nitrocellulose, polyamide, acrylic, and other resins. By technology, market is categorized into solvent based technology, water based technology, and UV based technology. Further, market is bifurcated by end use industry into rigid packaging, flexible packaging, tags and labels, and paper printing.

Geographically, the global flexographic ink market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The major players competing in the market are Wikoff Color Corp., INX International Ink Co., DIC Corporation, T&K Toka Co., Ltd., Siegwerk Druckfarben AG & Co. KGaA, Sakata Inx, Toyo Ink SC. Holdings Co. Ltd., Flint Group, Zeller+Gmelin GmbH & Co. KG, and Altana AG, among others.

The key takeaways from the report
The report will provide detailed analysis of Global Flexographic Ink Market with respect to major segments such as resin type, technology, and end use industry

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Flexographic Ink Market has been included in the report

Profile of the key players in the Global Flexographic Ink Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Flexographic Ink Market
Resin Type Segments

Other Resins
Technology Segments

Solvent Based Technology
Water Based Technology
UV Based Technology
End Use Industry Segments

Rigid Packaging
Flexible Packaging
Tags and Labels
Paper Printing
Geographical Segments

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North America
Rest of Europe
Rest of Asia-Pacific
South America
Middle East

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