Growing Demand for Flexographic Ink from Packaging Industries to escalate flexographic Ink market growth at CAGR of 10.4% during 2020-2027
According to the latest study on “South East Asia Flexographic Ink Market Forecast to 2027 - COVID-19 Impact and Analysis - by Resin Type (Polyamides Resin, Nitrocellulose, Polyurethane, Acrylic Resins, and Others), Technology (Water-Based Technology, Solvent Based Technology, and UV-Curable Technology), and Application (Flexible Packaging, Rigid Packaging, Folding Cartons, Tags and Labels, Paper and Board Printing, and Sheet Fed Printing)” the market was valued at US$443.26 million in 2019 and is projected to reach US$661.06 million by 2027; it is expected to grow at a CAGR of 5.2% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.
Flexographic ink, also known as flexo printing ink, is used in the printing of packaging materials such as cardboard boxes, packaged food, paper bags, plastic bags, and newspapers. There is an upsurge in demand for flexographic inks from the packaging industry due to the growing focus of manufacturers on the development of attractive packaging methods and materials for their products.
The demand for flexographic inks in the South East Asian market is majorly driven by the rapid growth in industrialization and packaging industry in countries such as Malaysia, Singapore, Thailand, and Vietnam. Increasing commercialization of flexible packaging due to its widespread applications is projected propels the demand for flexographic inks. Packaging is of utmost importance in industries such as cosmetics, pharmaceuticals, personal care products, and food & beverages. Attractive and colorful packaging is a key marketing tool that impacts the overall purchasing decision of customers. It increases the aesthetic appearance, offers product differentiation, and enhances company’s brand image. Additionally, continuous growth in the aforementioned industries, mainly due to improved consumer spending, is projected to augment the demand for flexible packaging, and thus flexographic printing inks, in the South East Asian market.
Nazdar Ink Technologiesglob, DIC Corporation, Toyo Ink SC Holdings Co. Ltd., Sakanta Inx Corporation, T & K Toka Co. Ltd., Siegwerk Druckfarben AG & Co. KGaA, and Swan Coatings (M) Sdn. Bhd. are among the well-established players in the Southeast Asia flexographic Ink market.
Reasons to Buy
According to the latest study on “South East Asia Flexographic Ink Market Forecast to 2027 - COVID-19 Impact and Analysis - by Resin Type (Polyamides Resin, Nitrocellulose, Polyurethane, Acrylic Resins, and Others), Technology (Water-Based Technology, Solvent Based Technology, and UV-Curable Technology), and Application (Flexible Packaging, Rigid Packaging, Folding Cartons, Tags and Labels, Paper and Board Printing, and Sheet Fed Printing)” the market was valued at US$443.26 million in 2019 and is projected to reach US$661.06 million by 2027; it is expected to grow at a CAGR of 5.2% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.
Flexographic ink, also known as flexo printing ink, is used in the printing of packaging materials such as cardboard boxes, packaged food, paper bags, plastic bags, and newspapers. There is an upsurge in demand for flexographic inks from the packaging industry due to the growing focus of manufacturers on the development of attractive packaging methods and materials for their products.
The demand for flexographic inks in the South East Asian market is majorly driven by the rapid growth in industrialization and packaging industry in countries such as Malaysia, Singapore, Thailand, and Vietnam. Increasing commercialization of flexible packaging due to its widespread applications is projected propels the demand for flexographic inks. Packaging is of utmost importance in industries such as cosmetics, pharmaceuticals, personal care products, and food & beverages. Attractive and colorful packaging is a key marketing tool that impacts the overall purchasing decision of customers. It increases the aesthetic appearance, offers product differentiation, and enhances company’s brand image. Additionally, continuous growth in the aforementioned industries, mainly due to improved consumer spending, is projected to augment the demand for flexible packaging, and thus flexographic printing inks, in the South East Asian market.
Nazdar Ink Technologiesglob, DIC Corporation, Toyo Ink SC Holdings Co. Ltd., Sakanta Inx Corporation, T & K Toka Co. Ltd., Siegwerk Druckfarben AG & Co. KGaA, and Swan Coatings (M) Sdn. Bhd. are among the well-established players in the Southeast Asia flexographic Ink market.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Southeast Asia Flexographic Ink market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table of Contents
1. Introduction
3. Research Methodology
4. Flexographic Inks Market Landscape
5. Flexographic Inks Market - Key Market Dynamics
6. Flexographic Inks - South East Asia Market Analysis
7. Flexographic Ink Market Analysis - By Resin Type
8. Flexographic Ink Market Analysis - By Technology
9. Flexographic Ink Market Analysis - By Application
10. Geography
11. Overview- Impact of Coronavirus outbreak
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Nazdar Ink Technologiesglob
- DIC Corporation
- Toyo Ink SC Holdings Co. Ltd
- Sakanta Inx Corporation
- T & K Toka Co. Ltd
- SiegwerkDruckfarben AG & Co. KGaA
- Swan Coatings (M) Sdn. Bhd
