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Specialty Flexographic Printing Ink Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • April 2023
  • Region: Global
  • Lucintel
  • ID: 5778416
The future of the specialty flexographic printing ink market looks promising with opportunities in various applications, such as flexible packaging, rigid packaging, folding cartons, tags & labels, and paper printing. The global specialty flexographic printing ink market is expected to reach an estimated $5.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing trend for UV-cured flexographic printing inks among users, along with rising usage of volatile organic concentrated inks for packaging among food & beverage and cosmetic industries.

Specialty Flexographic Printing Ink Market by Segment

The study includes trends and forecast for the global specialty flexographic printing ink market by resin type, technology, application, and region, as follows:

Specialty Flexographic Printing Ink Market by Resin Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Polyurethanes
  • Acrylic
  • Polyamides
  • Nitrocellulose
  • Others

Specialty Flexographic Printing Ink Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Water-Based
  • Solvent-Based
  • UV-Curable

Specialty Flexographic Printing Ink Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Flexible Packaging
  • Rigid Packaging
  • Corrugated Cardboards
  • Folding Cartons
  • Tags & Labels
  • Paper Printing

Specialty Flexographic Printing Ink Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Specialty Flexographic Printing Ink Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, specialty flexographic printing ink companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the specialty flexographic printing ink companies profiled in this report include-
  • TOYO Ink
  • INX International
  • Zeller+Gmelin
  • XSYS Print Solutions
  • Flint Group

Specialty Flexographic Printing Ink Market Insights

The analyst forecasts that UV-curable will remain the largest technology segment over the forecast period due to the growing application of these inks in printing of all the ranges of substrates, which are used for finished products, such as soup and spice sachets, pet food packaging, and milk and juice cartoons.

Flexible packaging is expected to remain the largest application segment due to robust growth in pharmaceutical, cosmetic, and food and beverage industries.

APAC will remain the largest region due to the growing investments in the packaging industry in countries, like China, Japan, Thailand, India, and Indonesia.

Features of the Specialty Flexographic Printing Ink Market

  • Market Size Estimates: Specialty flexographic printing ink market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Specialty flexographic printing ink market size by various segments, such as resin type, technology, application, and region
  • Regional Analysis: Specialty flexographic printing ink market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different resin types, technologies, applications, and regions for the specialty flexographic printing ink market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the specialty flexographic printing ink market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the specialty flexographic printing ink market size?
Answer: The global specialty flexographic printing ink market is expected to reach an estimated $5.5 billion by 2028.

Q2. What is the growth forecast for specialty flexographic printing ink market?
Answer: The global specialty flexographic printing ink market is expected to grow with a CAGR of 5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the specialty flexographic printing ink market?
Answer: The major drivers for this market are increasing trend for UV-cured flexographic printing inks among users, along with rising usage of volatile organic concentrated inks for packaging among food & beverage and cosmetic industries.

Q4. What are the major segments for specialty flexographic printing ink market?
Answer: The future of the specialty flexographic printing ink market looks promising with opportunities in the flexible packaging, rigid packaging, folding carton, tag & label, and paper printing applications.

Q5. Who are the key specialty flexographic printing ink companies?
Answer: Some of the key specialty flexographic printing ink companies are as follows:
  • TOYO Ink
  • INX International
  • Zeller+Gmelin
  • XSYS Print Solutions
  • Flint Group
Q6. Which specialty flexographic printing ink segment will be the largest in future?
Answer: The analyst forecasts that UV-curable will remain the largest technology segment over the forecast period due to the growing application of these inks in printing of all the ranges of substrates, which are used for finished products, such as soup and spice sachets, pet food packaging, and milk and juice cartoons.

Q7. In specialty flexographic printing ink market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the growing investments in the packaging industries in countries like China, Japan, Thailand, India, and Indonesia.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q1. What are some of the most promising, high-growth opportunities for the specialty flexographic printing ink market by resin type (polyurethanes, acrylic, polyamides, nitrocellulose, and others), technology (water-based, solvent-based, and UV-curable), application (flexible packaging, rigid packaging, folding cartons, tags & labels, and paper printing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary

2. Global Specialty Flexographic Printing Ink Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Specialty Flexographic Printing Ink Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Specialty Flexographic Printing Ink Market by Resin Type
3.3.1: Polyurethanes
3.3.2: Acrylic
3.3.3: Polyamides
3.3.4: Nitrocellulose
3.3.5: Others
3.4: Global Specialty Flexographic Printing Ink Market by Technology
3.4.1: Water-Based
3.4.2: Solvent-Based
3.4.3: UV-Curable
3.5: Global Specialty Flexographic Printing Ink Market by Application
3.5.1: Flexible Packaging
3.5.2: Rigid Packaging
3.5.2.1: Corrugated Cardboards
3.5.3: Folding Cartons
3.5.4: Tags & Labels
3.5.5: Paper Printing

4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Specialty Flexographic Printing Ink Market by Region
4.2: North American Specialty Flexographic Printing Ink Market
4.2.1: North American Specialty Flexographic Printing Ink Market by Technology: Water-Based, Solvent-Based, and UV-Curable
4.2.2: North American Specialty Flexographic Printing Ink Market by Application: Flexible Packaging, Rigid Packaging, Folding Cartons, Tags & Labels, and Paper Printing
4.3: European Specialty Flexographic Printing Ink Market
4.3.1: European Specialty Flexographic Printing Ink Market by Technology: Water-Based, Solvent-Based, and UV-Curable
4.3.2: European Specialty Flexographic Printing Ink Market by Application: Flexible Packaging, Rigid Packaging, Folding Cartons, Tags & Labels, and Paper Printing
4.4: APAC Specialty Flexographic Printing Ink Market
4.4.1: APAC Specialty Flexographic Printing Ink Market by Technology: Water-Based, Solvent-Based, and UV-Curable
4.4.2: APAC Specialty Flexographic Printing Ink Market by Application: Flexible Packaging, Rigid Packaging, Folding Cartons, Tags & Labels, and Paper Printing
4.5: ROW Specialty Flexographic Printing Ink Market
4.5.1: ROW Specialty Flexographic Printing Ink Market by Technology: Water-Based, Solvent-Based, and UV-Curable
4.5.2: ROW Specialty Flexographic Printing Ink Market by Application: Flexible Packaging, Rigid Packaging, Folding Cartons, Tags & Labels, and Paper Printing

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Specialty Flexographic Printing Ink Market by Resin Type
6.1.2: Growth Opportunities for the Global Specialty Flexographic Printing Ink Market by Technology
6.1.3: Growth Opportunities for the Global Specialty Flexographic Printing Ink Market by Application
6.1.4: Growth Opportunities for the Global Specialty Flexographic Printing Ink Market by Region
6.2: Emerging Trends in the Global Specialty Flexographic Printing Ink Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Specialty Flexographic Printing Ink Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Specialty Flexographic Printing Ink Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: TOYO Ink
7.2: INX International
7.3: Zeller+Gmelin
7.4: XSYS Print Solutions
7.5: Flint Group

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • TOYO Ink
  • INX International
  • Zeller+Gmelin
  • XSYS Print Solutions
  • Flint Group

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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