PUBLISHER: Verified Market Research | PRODUCT CODE: 1622555
PUBLISHER: Verified Market Research | PRODUCT CODE: 1622555
Flexible Printing Inks Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.
The rise in the investment in the development of different packaging for enhance its functionality and visual appearance has led to a substantial growth of the packaging industry which in turn drives the growth of the flexible printing ink market.
The Global Flexible Printing Inks Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Flexible Printing Inks Market Definition
Flexography is a type of printing technology that uses a flexible, (rather than a solid) plate. It is a newer incarnation of relief printing. Flexo is a widely used printing method. Commonly used flexible packaging supplies that utilize flexography include plastics and stand-up pouches.
Flexible printing inks are dyed fluids and pastes, formed to transfer and generate a picture from a printing surface. It is used to print the message, enhance the graphic appearance, and prevent the quality of the image on the packaging. It has good adhesion, flexibility, and water and abrasion resistance properties.
For flexible packaging printing inks, excellent resolubility is essential for clear, definite images over long print runs, while good adhesion and resistance characteristics are necessary for final product performance.
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Global Flexible Printing Inks Market Overview
Packaging is increasingly becoming one of the deciding factors in changing the consumer perception about the brand and product and one of the important factors in the purchase decision. Manufacturers are increasingly focusing to develop packaging that appeals and is attractive to the consumers which involves use of different types of inks. Inks also play essential role in making differentiation and pivoting product presentation to gain competitive edge over the competitors. Also, the rising demand for flexible packaging, foldable cartons etc., is further expected to increase the demand for flexible printing inks market.
The Global Flexible Printing Inks Market is Segmented on the basis of Product, Application, and Geography.
Based on the Product, the market is bifurcated into Polyamides, Nitrocellulose, Polyurethane, and others. The polyamides segment is accounted to contribute at the maximum pace to the market growth in terms of CAGR.
Based on Application, the market is bifurcated into Flexible Packaging, Corrugated Cardboard, Folding Cartons, and Others. The Flexible Packaging segment is the highest sector in terms of volumes.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.