About Flexo Inks
Flexo inks are commonly used in the process of flexography to print on material like plastic bags, laminations, corrugated boards, newspapers and other types of packaging and labeling products. It is well suited to printing on flexible and non-uniform surfaces such as plastic films, cardboard boxes, it is used to print a wide range of products that are used on regular bases like snack food, frozen food bags, medicines, personal care products, drinks, and cereal containers. With the growing e-commerce platforms and logistics industry, the global flexo inks market is estimated to grow in the forecasted year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brancher Company (France), Altana AG (Germany), Printcolor Screen Ltd. (Switzerland), Siegwerk Druckfarben AG & Co. KGaA (Germany), DIC Graphics Corporation (Japan), TOYO Ink Co., Ltd. (Japan), Gardiner Colours Limited (United States), INX Flexographic Inks Co. (United States), Sun Chemical (United States) and Sakata Inx Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Toyo Ink SC Holdings Co., Ltd. (Japan), Flint Group LLC (Luxembourg), InkChem Corporation (South Korea), T&K Toka Co., Ltd. (Japan) and Siegwerk Druckfarben AG & Co. KGaA (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Flexo Inks market by Type (Solvent-based Ink, Water-based Ink, UV & Electron Beam based Ink and Oil-based Ink), Application (Flexible Packaging, Newspaper Printing, Corrugated Board, Wallpaper Printing, Envelope Printing and Other) and Region.
On the basis of geography, the market of Flexo Inks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Resin, the sub-segment i.e. Nitrocellulose will boost the Flexo Inks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Use of Flexo Ink in Pharmaceutical Labeling and Increasing Use of Flexible Packaging for Residential Purpose
Market Growth Drivers:
The Growing Demand for Customisable Premium Labels and Need for Fast and Cost-Effective Printing
Challenges:
Stricter environmental regulations
Restraints:
Health-Related Risks and Environmental Impacts Associated with Flexo Inks and Stringent Regulatory Guidelines Regarding Flexo Inks
Opportunities:
Customization and personalization: and E-commerce packaging
Market Leaders and their expansionary development strategies
In October 2023, Siegwerk Druckfarben AG & Co. KGaA, one of the leading international suppliers of printing inks for packaging applications and labels, has signed a contract to purchase Van Son Liquids B.V. located in Hilversum, Netherlands. The family-owned company has manufactured high-quality water-based flexo and gravure printing inks.
In September 2023, Domino Printing Sciences (Domino) launched of the N610i-R digital retrofit module, developed for OEMs and converters looking to add digital printing technology into existing flexographic lines for hybrid printing. The new N610i-R provides all the benefits and flexibility of hybrid inkjet printing while helping businesses to save additional capital, waste, and space compared with a designated hybrid press.
"In several EU member states, the food packaging chain was called to take measures such that, levels of mineral oil in foodstuffs are reduced. The European Commission has issued a, recommendation on the monitoring of mineral oil hydrocarbons in food and in materials and, articles intended to come into contact with food. In Germany, the BMEL has drafted legislation aimed at restricting mineral oil in food contact materials made from recycled paper and and board. In this respect, the European trade associations representing the paper industry (CEPI) and the paper converting industries (CITPA) have recommended to their members to only use mineral oil-free printing inks on paper and board packaging. Additionally, the German Federation for Food Law and Food Science (BLL) has recommended to the food industry the use of specific printing inks."
Key Target Audience
Flexo Inks Manufacturers, Flexo Inks International Traders, Flexo Inks Distributors and Suppliers, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.