HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: CH 3378

 

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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. In this study, 2016 has been considered as the base year to estimate the size of the flexographic ink market. The report provides the short-term forecast from 2017 to 2022.

The objectives of this study are:

  • To analyze and forecast the size of the flexographic ink market, in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To define, describe, and forecast the market on the basis of resin type, technology, and application
  • To analyze and forecast the flexographic ink market on the basis of key regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America
  • To analyze the opportunities in the market for stakeholders and provide competitive landscape for market leaders
  • To analyze competitive developments, such as expansions, new product launches, partnerships, and mergers & acquisitions in the flexographic ink market
  • To strategically profile the key players and comprehensively analyze their market share and core competencies

This research study involves the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the flexographic ink market. The primary sources mainly include several industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the total market has been split into several segments and sub-segments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during the research study:

Flexographic Ink  Market

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Key Target Audience:

  • Manufacturers of Flexographic Ink
  • Raw Material Suppliers
  • Manufacturers of Resins and Other Feedstock Chemicals
  • Manufacturers of Important Intermediate Chemicals
  • Government Agencies or Organizations
  • Research Institutions and Organizations
  • Various End-Use Applications (corrugated cardboards, flexible packaging, folding cartons, and tags & labels)
  • Traders, Distributors, and Suppliers of Flexographic Printing Ink
  • Regional Chemical Manufacturers’ Associations

Scope of the Report:

This research report categorizes the flexographic ink market on the basis of resin type, technology, application, and region.

Flexographic ink market, by Resin Type:

  • Polyurethanes
  • Acrylic
  • Polyamides
  • Nitrocellulose
  • Others

Flexographic ink market, by Technology:

  • Water-based
  • Solvent-based
  • UV-curable

Flexographic ink market, by Application:

  • Corrugated Cardboards
  • Flexible Packaging
  • Folding Cartons
  • Tags & labels

Flexographic ink market, by Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America

The market is further analyzed for key countries in each of these regions.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to specific needs of the companies. The following customization options are available for the report:

Regional Analysis:

  • Regional analysis of the flexographic ink market, by application

Company Information:

  • Detailed analysis and profiles of additional market players

Table of Contents

1 Introduction (Page No. - 14)
    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 (Page No. - 18)
    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 (Page No. - 26)

4 Premium Insights (Page No. - 30)
    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 (Page No. - 34)
    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 (Page No. - 39)
    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 (Page No. - 44)
    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 (Page No. - 53)
    8.1 Introduction
    8.2 Water-Based Technology
    8.3 Solvent Based Technology
    8.4 UV-Curable Technology

9 Flexographic Ink Market, By Application (Page No. - 60)
    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 (Page No. - 67)
     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 (Page No. - 105)
     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 (Page No. - 111)
     12.1 DIC Corporation
             12.1.1 Business Overview
             12.1.2 Products Offered
             12.1.3 Recent Developments
             12.1.4 SWOT Analysis
             12.1.5 MnM View
     12.2 Siegwerk Druckfarben AG & Co. KGaA
             12.2.1 Company Overview
             12.2.2 Products Offered
             12.2.3 Recent Developments
             12.2.4 SWOT Analysis
             12.2.5 MnM View
     12.3 Toyo Ink SC Holdings Co., Ltd.
             12.3.1 Business Overview
             12.3.2 Products Offered
             12.3.3 Recent Developments
             12.3.4 SWOT Analysis
             12.3.5 MnM View
     12.4 Sakata Inx Corporation
             12.4.1 Business Overview
             12.4.2 Products Offered
             12.4.3 Recent Developments
             12.4.4 SWOT Analysis
             12.4.5 MnM View
     12.5 Flint Group
             12.5.1 Business Overview
             12.5.2 Products Offered
             12.5.3 Recent Developments
             12.5.4 SWOT Analysis
             12.5.5 MnM View
     12.6 T&K Toka Co. Ltd.
             12.6.1 Business Overview
             12.6.2 Products Offered
             12.6.3 MnM View
     12.7 The Braden Sutphin Ink Company
             12.7.1 Business Overview
             12.7.2 Products Offered
     12.8 Alden & Ott Printing Inks Company
             12.8.1 Business Overview
             12.8.2 Products Offered
     12.9 Nazdar Company Inc.
             12.9.1 Business Overview
             12.9.2 Products Offered
     12.10 Color Resolutions International
             12.10.1 Business Overview
             12.10.2 Products Offered
     12.11 Other Players

13 Appendix (Page No. - 130)
     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 (98 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


List of Figures (37 Figures)

Figure 1 Flexographic Ink Market Segmentation
Figure 2 Flexographic Ink Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Flexographic Ink Market: Data Triangulation
Figure 6 Research Assumptions
Figure 7 UV-Curable Technology to Register the Highest CAGR Between 2017 and 2022
Figure 8 Tags & Labels to Be the Fastest-Growing Application Between 2017 and 2022
Figure 9 Europe Was the Largest Market for Flexographic Ink in 2016
Figure 10 Emerging Economies to Offer Lucrative Growth Opportunities to Market Players Between 2017 and 2022
Figure 11 Tags & Labels to Witness the Highest CAGR Between 2017 and 2022
Figure 12 Flexographic Ink Market to Register High CAGR in Developing Countries Than Developed Countries
Figure 13 Tags & Labels Accounted for the Largest Share in Asia-Pacific Flexographic Ink Market, in 2016
Figure 14 India is Projected to Register Highest CAGR During Forecast Period in the Flexographic Ink Market
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the Flexographic Ink Market
Figure 16 Japan Filed the Highest Number of Patents Between 2010 and 2016
Figure 17 Toyo Ink SC Holdings Co. Ltd. Registered the Highest Number of Patents Between 2014 and 2016
Figure 18 Acrylic Resin Dominates Flexographic Ink Market
Figure 19 Water-Based Flexographic Ink Dominates Flexographic Ink Market, By Technology, 2017–2022 (KT)
Figure 20 Tags & Labels to Register the Highest CAGR in Flexographic Ink Market, in Terms of Volume, Between 2017 and 2022
Figure 21 India is Emerging as the Leading Flexographic Ink Market
Figure 22 Asia-Pacific Market Snapshot: China Led the Asia-Pacific Flexographic Ink Market in 2016,
Figure 23 Europe Market Snapshot: Germany Accounts for the Largest Market Share in Europe,
Figure 24 North America Market Snapshot: Mexico is Projected to Register the Highest CAGR During Forecast Period
Figure 25 Companies Adopted New Product Launch and Expansion as the Key Growth Strategy Between 2014 and 2016
Figure 26 New Product Launches and Expansions Had the Highest Number of Strategic Developments in Flexographic Ink Market, 2014–2016
Figure 27 New Product Launches and Expansions Were the Key Strategies Between 2014 and 2016
Figure 28 DIC Corporation Was the Leading Player in Flexographic Ink Market in 2016
Figure 29 DIC Corporation: Company Snapshot
Figure 30 DIC Corporation: SWOT Analysis
Figure 31 Siegwerk Druckfarben AG & Co. KGaA: Company Snapshot
Figure 32 Siegwerk Druckfarben AG & Co. KGaA.: SWOT Analysis
Figure 33 Toyo Ink SC Holdings Co., Ltd.: Company Snapshot
Figure 34 Toyo Ink SC Holdings Co. Ltd.: SWOT Analysis
Figure 35 Sakata Inx Corporation: Company Snapshot
Figure 36 Sakata Inx Corporation: SWOT Analysis
Figure 37 Flint Group: SWOT Analysis

The flexographic ink market is projected to reach USD 4.16 Billion by 2022, at a CAGR 4.89% from 2017 to 2022. The market is largely driven by the increasing demand for flexographic ink from various end-use applications, such as corrugated cardboards, flexible packaging, folding cartons, and tags & labels. The growth of the flexographic ink market can also be attributed to increased investments by the key players to launch efficient and cost-effective products, as well as for expansion and merger & acquisition activities. The growth of the middle-class population in emerging economies is one of the important factors driving the flexographic ink market.

The flexographic ink market has been segmented on the basis of resin type, technology, application, and region. By resin type, the acrylic resin segment dominated the flexographic ink market in 2016. This dominance can be attributed to the growing use of acrylic resins in many applications, such as binders for paper/fiber processing, display windows for cellular phones, and backlights for liquid crystal displays (LCDs).

By technology, the water-based flexographic ink segment accounted for more than 50% share, in terms of volume, of the overall flexographic ink market in 2016. The water-based flexographic inks find applications in printing paper, corrugated cardboards, textiles, foils, plastics, and food packaging, as they offer advantages, such as less flammability, low VOC emissions, and stable viscosity during printing.

The corrugated cardboard segment is the largest application segment of the flexographic ink market in terms of volume. The strong growth of this application segment is mainly due to the rising demand for packaging of healthcare products, cigarettes, frozen foods, and dry foods.

Flexographic Ink  Market

Europe is the largest market for flexographic ink, having accounted for more than 30% share, in terms of volume, in 2016. There is an increased demand for packaging in Europe, which is mainly backed by the expansion of the region’s food & beverage, healthcare, and consumer goods industries. This increased demand, in turn, drives the flexographic ink market in Europe. Asia-Pacific is the fastest-growing flexographic ink market with most of the large manufacturers establishing their facilities in this region. The presence of some of the fastest-growing economies, such as China, India, and South Korea, and rising demand for convenient packaging solutions play a crucial role in driving the flexographic ink market in the Asia-Pacific region.

The growth of the flexographic ink market mostly depends on the economic growth of different regions, which in itself is dependent on the global political situation. The political situation is critical in many regions of the world, which may deter the availability of some ink resins used as raw materials for the manufacturing of flexographic ink.

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) are some of the key players operating in the flexographic ink market.

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