Global Ink for Flexible Packaging Market, By Product Type (Water-Based, Solvent-Based and UV-Curable), End User Industry (Food and Beverages, Pharmaceutical, Cosmetics and Personal Care and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Ink for Flexible Packaging Market
Rise and growth in the demand for ink for flexible packaging especially in the developing countries will lead to the rise in its market value. Data Bridge Market Research analyses that the ink for flexible packaging market will project a CAGR of 4.4% for the forecast period of 2021-2028. This signifies that the market value will rise from USD 2.89 billion to USD 4.08 billion by the year 2028.
The ink for flexible packaging enhances the graphic appearance and preserves the quality of quality of images during manufacturing, packaging, transportation and consumption of the product. The ink for flexible packaging is a chemical that is used to improve the efficiency and effectiveness of packaging. This also serves the purpose of identification when used for the purpose of warehousing, wholesaling, retailing and transportation.
The overall growth and expansion of materials and packaging industry due to the rise in production and supply of goods and services will create lucrative ink for flexible packaging market growth opportunities. Rise in the demand for effective, efficient and smart packaging solutions will lead to the rise in demand for ink for flexible packaging. Also, rise in the demand for packaging solutions that offer greater shelf-life will further widen the scope of growth for ink for flexible packaging market. Rising promotional and marketing strategies for packaging solutions will also positively impact the demand for ink for flexible packaging.
However, the chemicals are not eco-friendly in nature. This in turn will demote the goodwill and demand for ink for flexible packaging. Also, strict and stringent regulations imposed by the government on plastic packaging solutions will further slowdown the ink for flexible packaging market growth rate. Substitutes available will further pose a big time challenge to the growth of the ink for flexible packaging market.
This ink for flexible packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on ink for flexible packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ink for Flexible Packaging Market Scope and Market Size
Global ink for flexible packaging market is segmented on the basis of product type and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the ink for flexible packaging market is segmented into water-based, solvent- based and UV- curable.
- The ink for flexible packaging market is segmented on the basis of end user industry into food and beverages, pharmaceutical, cosmetics and personal care and others.
Global Ink for Flexible Packaging Market Country Level Analysis
The ink for flexible packaging market is analysed and market size insights and trends are provided by country, product type and end user industry as referenced above.
The countries covered in the ink for flexible packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region leads the ink for flexible packaging market and will continue to flourish in the future. This is because of the increased demand and adoption of smart and flexible packaging solutions by the various end user industries such as food and beverages, pharmaceutical, personal care and cosmetics and so on. The region will is also set to undergo and exhibit the highest compound annual growth rate (CAGR) during the forecast period. Rise and expansion of various end user industries will enable the region to achieve this feat. Also, properties like flexibility, cost effectiveness and so on will work in the favour of the market.
The country section of the ink for flexible packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ink for Flexible Packaging Market Share Analysis
The ink for flexible packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ink for flexible packaging market.
The major players covered in the ink for flexible packaging market report BASF SE, DIC CORPORATION, ALTANA AG, Bayer AG, INX International Ink Co., TOYO INK CO., LTD., Siegwerk Druckfarben AG & Co. KGaA, Wikoff Color Corporation, Magnum Inks & Coatings, SAKATA INX CORPORATION, Color Resolutions International, Nazdar, T&K TOKA Corporation, MHM Holding GmbH, Sun Chemical, Flint Group, Chemicoat., Polymer Roto Inks., Royal Inks & Equipments Pvt. Ltd. and AHS Trade & Services Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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