The article cited AMA's Global Flexographic Inks Market Study explored substantial growth with CAGR of 5.9%. According the report, Increased Use of Digital Technology
is one of the primary growth factors for the market. The Rising Demand for Flexographic Printing Ink from Packaging Industry
is also expected to contribute significantly to the Flexographic Inks market. Overall, Flexible Packaging
applications of Flexographic Inks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Sun Chemical Corp. Inc. (United States), Siegwerk Druckfarben AG & Co. KGaA (Germany), DIC Corporation (Japan), Flint Group (Luxembourg), Zeller+Gmelin GmbH & Co. (Germany), RUCO Druckfarben (Germany), T&K TOKA Corporation (Japan), Wikoff Color Corporation (United States), INX International Ink Co. (United States) and Sakata Inx (India) Pvt. Ltd. (India) may see astonishing sales in this Market and certainly improve revenue growth.
The Resin Type, such as Nitrocellulose, is boosting the Flexographic Inks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Flexographic Inks market identified that the demand is rising in many different parts of the world as "The Significant demand for Solvent-Based Inks
". Furthermore, some recent industry insights like "In May 2023, Fujifilm launched of a new range of LED IDFC (low migration) inks and varnishes. Available in a full spectrum of colors, the new ink set is designed for the label and flexible packaging markets where migration is a key priority, such as food applications, and is fully compatible with a wide range of commonly used label stocks and packaging materials." is constantly making the industry dynamic. One of the challenges that industry facing is "Stringent Packaging and Printing Regulations and The Shifting of the Market from Print to Digital Media"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Flexographic Inks market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Flexographic Inks market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Flexographic Inks market tight? Which application/end-user category or Product Type [Water-based, Solvent-based and UV-cured] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Flexographic Inks market and other related sub-markets covered in the study.
o Key & emerging players in the Flexographic Inks market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Flexographic Inks market size is calculated using market estimation process, the Flexographic Inks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Flexographic Inks market size has been validated using both top-down and bottom-up approaches.