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Published Date: 2014-10-15Number of Pages: 98

Flexographic Printing Inks Market (Water-based, Solvent-based and UV-cured) for Packaging and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Flexographic printing inks are used in several printing application products such as corrugated containers, flexible packaging, tags and labels, folding cartons, metal cans and others (including newspapers and magazines). The flexographic printing inks market has been segmented into water-based, solvent-based and UV-cured inks. Packaging was the key application segment of the global flexographic printing inks market at the end of 2013. Flexographic printing inks are employed in packaging application products across various end-user industries such as food and beverages, personal care, household care and pharmaceuticals. In terms of revenue, the global flexographic printing inks market was valued at USD 6.41 billion in 2013 and is anticipated to reach USD 9.32 billion by 2020, expanding at a CAGR of 5.5% between 2014 and 2020.

The water-based flexographic printing inks segment accounted for over 40% of the global flexographic printing inks market share in 2013. The UV-cured flexographic printing inks segment is projected to be the fastest growing segment of the global flexographic printing inks market in the next few years. Water-based flexographic printing inks contain lower amount of VOC. Therefore, the demand for water-based flexographic printing inks is expected to increase during the forecast period. Rising demand for different types of flexographic printing inks in packaging application products is expected to create a positive outlook for the global flexographic printing inks market in the near future.

Packaging was the largest segment of the global flexographic printing inks market, accounting for more than 80% share in 2013. It is projected to be the fastest growing application segment of the global flexographic printing inks market in the next six years. Rising demand for flexographic printing inks in packaging application products such as corrugated containers, flexible packaging, tags and labels, folding cartons and metal cans is anticipated to drive the global flexographic printing inks market in the next few years. 

The global flexographic printing inks market has been segmented based on regions such as North America, Europe, Asia Pacific and RoW. Asia Pacific was the largest regional market for flexographic printing inks, accounting for a share of over 35% in 2013. Rising demand for packaging application products in end-user industries such as food and beverages, personal care, household care and pharmaceutical is expected to drive the flexographic printing inks market in Asia Pacific in the next few years. Moreover, Asia Pacific is anticipated to be the fastest growing region in the global flexographic printing inks market during the forecast period. Increasing demand for flexographic printing inks in emerging nations in Asia such as China and India is likely to drive the flexographic printing inks market in Asia Pacific in the next few years. The flexographic printing inks market in North America and Europe is expected to witness significant growth in the next six years due to the economic recovery in the U.S. and Europe. Furthermore, the flexographic printing inks market in RoW is projected to record significant growth in the next few years due to increasing demand for flexographic printing inks in Latin America and the Middle East.

Rising demand for flexographic printing inks in rapidly growing demand for packaging products such as corrugated containers and flexible packaging is projected to drive the global flexographic printing inks market in the next few years. Moreover, increasing demand for UV-cured inks is likely to offer large opportunities in the flexographic printing inks market in the next six years. However, stringent environmental regulations on VOCs could hamper market growth during the forecast period. Major manufacturers of flexographic printing inks include Flint Group, Sun Chemical Corporation, ALTANA AG, Siegwerk Druckfarben AG & Co. KGaA and INX International Corporation. 


Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global flexographic printing inks market segmentation, product segment, application, and region
1.3 Research scope
      1.3.1 Assumptions
1.4 Research methodology

Chapter 2 Executive Summary
2.1 Global flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 3 Flexographic Printing Inks Market – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Growth in packaging industry expected to drive the flexographic printing inks market
              3.3.1.1 Global flexible packaging market volume, 2013 – 2020 (Million Tons)
      3.3.2 Adaptability to various printing substrates anticipated to drive the flexographic printing inks market
              3.3.2.1 Flexographic ink used in various types of packaging, 2013 (Percentage break-up)
3.4 Restraints
      3.4.1 Stringent environmental regulations on VOCs expected to act as a restraint to flexographic inks market
              3.4.1.1 Typical flexographic ink composition (by percentage)
3.5 Opportunity
      3.5.1 Growing popularity of UV-cured inks
              3.5.1.1 Typical UV-cured ink composition
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat from new entrants
      3.6.4 Threat from substitutes
      3.6.5 Degree of competition
3.7 Market attractiveness analysis
      3.7.1 Global flexographic printing inks market attractiveness, by product segment, 2013
3.8 Company market share analysis
      3.8.1 Global flexographic inks market share, by company, 2013

Chapter 4 Flexographic Printing Inks Market – Product Segment Analysis
4.1 Global flexographic printing inks market: Product segment overview
      4.1.1 Global flexographic printing inks market volume share, by product segment, 2013 and 2020
4.2 Global flexographic printing inks market, by product segment, 2013 - 2020
      4.2.1 Water-based flexographic printing inks
              4.2.1.1 Global water-based flexographic printing inks market, 2013 – 2020 (Kilo Tons) (USD Million)
      4.2.2 Solvent-based flexographic printing inks
              4.2.2.1 Global solvent-based flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)
      4.2.3 UV-cured flexographic printing inks
              4.2.3.1 Global UV-cured flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 5 Flexographic Printing Inks Market – Application Analysis
5.1 Global flexographic printing inks market: Market overview by Application
      5.1.1 Global flexographic printing inks market volume share, by application, 2013 and 2020
      5.1.2 Packaging
              5.1.2.1 Global flexographic printing inks  market for packaging, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.3 Global flexographic printing inks market for packaging volume share, by type, 2013 and 2020
              5.1.3.1 Flexible packaging
                         5.1.3.1.1 Global flexographic printing inks  market for flexible packaging, 2013 - 2020 (Kilo Tons) (USD Million)
              5.1.3.2 Corrugated containers
                         5.1.3.2.1 Global flexographic printing inks  market for corrugated containers, 2013 - 2020 (Kilo Tons) (USD Million)
              5.1.3.3 Folding cartons
                         5.1.3.3.1 Global flexographic printing inks  market for folding cartons, 2013 - 2020 (Kilo Tons) (USD Million)
              5.1.3.4 Tags and labels
                         5.1.3.4.1 Global flexographic printing inks  market for tags and labels, 2013 - 2020 (Kilo Tons) (USD Million)
              5.1.3.5 Others (including metal cans, etc.)
                         5.1.3.5.1 Global flexographic printing inks market for other packaging applications2013 - 2020 (Kilo Tons) (USD Million)
      5.1.4 Others (including printing of newspapers, etc.)
              5.1.4.1 Global flexographic printing inks market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 6 Flexographic Printing Inks Market - Regional Analysis
6.1 Global flexographic printing inks  market: Regional overview
      6.1.1 Global flexographic printing inks  market volume share, by region, 2013 and 2020
6.2 North America
      6.2.1 North America flexographic printing inks market volume, by product segment, 2013 – 2020 (Kilo Tons)
      6.2.2 North America flexographic printing inks market revenue, by product segment, 2013 – 2020 (USD Million)
      6.2.3 North America flexographic printing inks market volume, by application, 2013 – 2020 (Kilo Tons)
      6.2.4 North America flexographic printing inks market revenue, by application, 2013 – 2020 (USD Million)
      6.2.5 North America flexographic printing inks market for packaging volume, by type, 2013 – 2020 (Kilo Tons)
      6.2.6 North America flexographic printing inks market revenue, by type, 2013 – 2020 (USD Million)
6.3 Europe
      6.3.1 Europe flexographic printing inks market volume, by product segment, 2013 – 2020 (Kilo Tons)
      6.3.2 Europe flexographic printing inks market revenue, by product segment, 2013 – 2020 (USD Million)
      6.3.3 Europe flexographic printing inks market volume, by application, 2013 – 2020 (Kilo Tons)
      6.3.4 Europe flexographic printing inks market revenue, by application, 2013 – 2020 (USD Million)
      6.3.5 Europe flexographic printing inks market for packaging volume, by type, 2013 – 2020 (Kilo Tons)
      6.3.6 Europe flexographic printing inks market revenue, by type, 2013 – 2020 (USD Million)
6.4 Asia Pacific
      6.4.1 Asia Pacific flexographic printing inks market volume, by product segment, 2013 – 2020 (Kilo Tons)
      6.4.2 Asia Pacific flexographic printing inks market revenue, by product segment, 2013 – 2020 (USD Million)
      6.4.3 Asia Pacific flexographic printing inks market volume, by application, 2013 – 2020 (Kilo Tons)
      6.4.4 Asia Pacific flexographic printing inks market revenue, by application, 2013 – 2020 (USD Million)
      6.4.5 Asia Pacific flexographic printing inks market for packaging volume, by type, 2013 – 2020 (Kilo Tons)
      6.4.6 Asia Pacific flexographic printing inks market revenue, by type, 2013 – 2020 (USD Million)
6.5 RoW
      6.5.1 RoW flexographic printing ink market volume, by product segment, 2013 – 2020 (Kilo Tons)
      6.5.2 RoW flexographic printing inks market revenue, by product segment, 2013 – 2020 (USD Million)
      6.5.3 RoW flexographic printing ink market volume, by application, 2013 – 2020 (Kilo Tons)
      6.5.4 RoW flexographic printing inks market revenue, by application, 2013 – 2020 (USD Million)
      6.5.5 RoW flexographic printing inks market for packaging volume, by type, 2013 – 2020 (Kilo Tons)
      6.5.6 RoW flexographic printing inks market  revenue, by type, 2013 – 2020 (USD Million)

Chapter 7 Company Profiles
7.1 Flint Group
      7.1.1 Company overview
      7.1.2 Product portfolio
      7.1.3 Financial overview
      7.1.4 Business strategy
      7.1.5 Recent developments
7.2 Sun Chemical Corporation
      7.2.1 Company overview
      7.2.2 Product portfolio
      7.2.3 Business strategy
      7.2.4 Recent developments
7.3 ALTANA AG
      7.3.1 Company overview
      7.3.2 Product portfolio
      7.3.3 Financial overview
      7.3.4 Business strategy
      7.3.5 Recent developments
7.4 Siegwerk Druckfarben AG & Co. KGaA
      7.4.1 Company overview
      7.4.2 Product portfolio
      7.4.3 Financial overview
      7.4.4 Business strategy
      7.4.5 Recent developments
7.5 INX International Corporation
      7.5.1 Company overview
      7.5.2 Product portfolio
      7.5.3 Financial overview
      7.5.4 Business strategy
      7.5.5 Recent developments
7.6 Wikoff Color Corporation
      7.6.1 Company overview
      7.6.2 Product portfolio
      7.6.3 Business strategy
      7.6.4 Recent developments
7.7 T&K TOKA Co., Ltd.
      7.7.1 Company overview
      7.7.2 Product portfolio
      7.7.3 Business strategy
7.8 Zeller+Gmelin GmbH & Co. KG
      7.8.1 Company overview
      7.8.2 Product portfolio
      7.8.3 Business strategy
      7.8.4 Recent developments
7.9 TOYO Ink Group
      7.9.1 Company overview
      7.9.2 Product portfolio
      7.9.3 Financial overview
      7.9.4 Business strategy
      7.9.5 Recent developments
7.10 RUCO Druckfarben A.M. Ramp & Co GmbH
      7.10.1 Company overview
      7.10.2 Product portfolio
      7.10.3 Business strategy
      7.10.4 Recent developments

List of Figures 

FIG. 1 Global flexographic printing inks market segmentation, product segment, application, and region
FIG. 2 Global flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 3 Flexographic printing inks: Value chain analysis
FIG. 4 Global flexible packaging market demand, 2013 – 2020 (Million Tons)
FIG. 5 Flexographic ink used in various types of packaging, 2013 (Percentage break-up)
FIG. 6 Typical flexographic ink composition (by percentage)
FIG. 7 Typical UV-cured ink composition (by percentage)
FIG. 8 Porter’s five forces analysis for flexographic printing inks
FIG. 9 Flexographic printing inks: Market attractiveness analysis
FIG. 10 Global flexographic market share, by company, 2013
FIG. 11 Global flexographic printing inks market volume share, by product segment, 2013 and 2020
FIG. 12 Global water-based flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 13 Global solvent-based flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 14 Global UV-cured flexographic printing inks market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 15 Global flexographic printing inks market volume share, by application, 2013 and 2020
FIG. 16 Global flexographic printing inks market for packaging, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 17 Global flexographic printing inks market for packaging volume share, by type, 2013 and 2020
FIG. 18 Global flexographic printing inks market for flexible packaging, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 19 Global flexographic printing inks market for corrugated containers, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 20 Global flexographic printing inks market for folding cartons, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 21 Global flexographic printing inks market for tags and labels, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 22 Global flexographic printing inks market for other packaging applications, 2013 – 2020, (Kilo Tons) (USD Million)
FIG. 23 Global flexographic printing inks market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 24 Global flexographic printing inks  market volume share, by region, 2013 and 2020

List of Tables

TABLE 1 Global flexographic printing inks market: Snapshot
TABLE 2 Drivers for flexographic printing inks market: Impact analysis
TABLE 3 Restraints for flexographic printing inks market: Impact analysis
TABLE 4 North America flexographic printing inks market, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 5 North America flexographic printing inks market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 6 North America flexographic printing inks market volume, by application, 2013 - 2020 (Kilo Tons)
TABLE 7 North America flexographic printing inks market revenue, by application, 2013 - 2020 (USD Million)
TABLE 8 North America flexographic printing inks market for packaging volume, by type, 2013 - 2020 (Kilo Tons)
TABLE 9 North America flexographic printing inks market revenue, by type, 2013 - 2020 (USD Million)
TABLE 10 Europe flexographic printing inks market, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 11 Europe flexographic printing inks market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 12 Europe flexographic printing inks  market volume, by application, 2013 - 2020 (Kilo Tons)
TABLE 13 Europe flexographic printing inks market revenue, by application, 2013 – 2020 (USD Million)
TABLE 14 Europe flexographic printing inks market for packaging volume, by type, 2013 - 2020 (Kilo Tons)
TABLE 15 Europe flexographic printing inks market revenue, by type, 2013 - 2020 (USD Million)
TABLE 16 Asia Pacific flexographic printing inks market, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 17 Asia Pacific flexographic printing inks market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 18 Asia Pacific flexographic printing inks market volume, by application, 2013 - 2020 (Kilo Tons)
TABLE 19 Asia Pacific flexographic printing inks market revenue, by application, 2013 - 2020 (USD Million)
TABLE 20 Asia Pacific flexographic printing inks market for packaging volume, by type, 2013 - 2020 (Kilo Tons)
TABLE 21 Asia Pacific flexographic printing inks market revenue, by type, 2013 - 2020 (USD Million)
TABLE 22 RoW flexographic printing ink market, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 23 RoW flexographic printing inks market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 24 RoW flexographic printing inks  market volume, by application, 2013 - 2020 (Kilo Tons)
TABLE 25 RoW flexographic printing inks market revenue, by application, 2013 - 2020 (USD Million)
TABLE 26 RoW flexographic printing inks market for packaging volume, by type, 2013 - 2020 (Kilo Tons)
TABLE 27 RoW flexographic printing inks market revenue, by type, 2013 - 2020 (USD Million)

The report analyzes and forecasts the market for flexographic printing inks on the global and regional level. Market has been forecast based on volume (kilo tons) and revenue (USD million) from 2014 to 2020. The study includes drivers and restraints of the global flexographic printing inks market. It also covers the impact of these drivers and restraints on demand for flexographic inks during the forecast period. The report comprises the study of opportunities in the flexographic printing inks market on the global and regional level. 

We have included a detailed value chain analysis to provide a comprehensive view of the global flexographic printing inks market. Analysis of Porter’s five forces model for the flexographic printing inks market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the global flexographic printing inks market by segmenting it in terms of products and applications. All the products and application segments have been analyzed based on present and future trends. The global flexographic printing inks market has been estimated from 2014 to 2020. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). The report also includes demand for individual applications and product segments in all the regions.

The study includes profiles of major companies operating in the global flexographic printing inks market. Key market players profiled in the report include Flint Group, Sun Chemical Corporation, ALTANA AG, Siegwerk Druckfarben AG & Co. KGaA, INX International Corporation and others. Market players are profiled on attributes such as company overview, financial overview, business strategies and recent developments.

The report provides the market size of flexographic printing inks for 2013, and forecast for the next six years. The global market size of flexographic printing inks is provided in terms of both volume as well as revenue. Market volumes are defined in kilo tons, while market revenue is in USD million. Market numbers are estimated based on various product segments and key application segments of flexographic printing inks. Market size and forecast for each major application is provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoovers, Onesource, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews and face-to-face interviews for each market, category, segment and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape and outlook, etc. Furthermore, these help validate and strengthen the secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report segments the global flexographic printing inks market as:

Flexographic Printing Inks Market - Product Segment Analysis
  • Water-based
  • Solvent-based
  • UV-cured
Flexographic Printing Inks Market - Application Analysis
  • Packaging
    • Flexible packaging
    • Corrugated containers
    • Folding cartons
    • Tags and labels
    • Others (Including metal cans, etc.)
  • Others (Including printing of newspapers, etc.)
Flexographic Printing Inks Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • RoW (Including South America, Africa and the Middle East)


 
 
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