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Flexographic Printing Inks Market Growth Factors, Latest Trend And Regional Analysis Of Leading Players By 2025

Author : Rahul Varpe | Published Date : 2019-06-14 

Global Market Insights has recently added a report on Flexographic Printing Inks Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Rapidly rising demand for flexible packaging is sure to augment the flexographic printing inks industry in the expected timeframe. The flexographic inks have an extensive application in the packaging of products from various industries such as cosmetics, textile, food and beverage etc. Owing to the increasing competitiveness the product manufacturers make the packaging innovative and attractive to get the consumer attention which in turn boost the flexographic inks market by 2025.

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Flexographic Printing Inks Market is poised to surpass USD 14 billion by 2024. The growing use of glass printing for luxury packaging purposes would also propel the industry size. For instance, the Pollard Group of UK have invested over USD 170,000 for the installation of bespoke magnet and ribbon loop inserting machine, that is used for luxury packaging. Heavy investments in the packaging industry will boost the flexographic printing market in the projected timespan.

Innovation of UV cured flexographic printing inks will boost the industry size due to its quick drying feature without any fatality to health or environment. The UV cured inks registered over 14% of the overall flexographic inks market share in the projected timeperiod. It involves a high intensity UV radiation for inks drying process. This efficiently offers quick drying and thus improves the printing rate which in turn is driving the flexographic inks market in the expected timeframe.

Applications in folding cartons will account for over 15% of the total flexographic inks industry till 2024. The growing number of e-commerce websites are flourishing the demand for folding cartons for packaging their products and for the ease of conveyance. Several instances of product return have been witnessed in these e-commerce websites due to the lack of proper packaging. Innovative packaging methods are introduced to propel their businesses and directly augmenting the flexographic printing inks industry in the coming years.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1163

North America flexographic inks industry revenue was over USD 3 billion in 2017 in the estimated timespan. North America consists of various major players that are technologically advanced in their printing products that create innovative and safe printing inks which have a greater printing rate without any fatality to the health or environment at minimum prices. Moreover, boosting pharmaceuticals industry in the region generates a large demand for packaging products due to high medicine demand and assisting government standards which in turn will drive the total flexographic printing inks industry share in the near future.

The key flexographic printing inks market participants accounting for the total industry size include Zeller+Gmelin, TOYO Ink, XSYS Print Solutions, INX International, Zhongshan DIC Colour, Sun Chemical, Flint Group, ALTANA AG, TOKA, RUCO, Wikoff Color, Tercel Ink, Taiyuan Coates and Jiangmen Toyo.

Read More @https://www.reuters.com/brandfeatures/venture-capital/article?id=120429

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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