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Published Date: 2016-10-10Number of Pages: 70

Printing Inks Market (Application - Screen Printing, Flexographic Printing, Gravure Printing, Offset Printing, Digital Printing, and Specialty Printing; End Use - Publication and Commercial Printing, Packaging, Textiles, Metal Cans, and Decorative Inks) - South Africa Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

South Africa Printing Inks Market: Snapshot

The printing industry is one of the key contributors to the economy of South Africa. Despite digitalization impacting the traditional paper printing sector, this industry continues to grow at a stable pace owing to the availability of rich resources and raw materials to produce paper.

The printing inks market in South Africa is consolidated, with domestic manufacturers of printing inks accounting for a major share in the market. However, the penetration of global players poses a threat for domestic companies. The rising demand for printing inks in various end-use industries is likely to boost the market in South Africa. The increase in environmental concerns among consumers is anticipated to prompt companies to develop environment-friendly products.

The South Africa printing inks market was valued at US$85.89 mn in 2015 and is estimated to reach US$155.13 mn by 2024, expanding at a CAGR of 6.9% therein. Prices of printing inks prices in the country are expected to remain stable during the forecast period due to the increasing local production. This has resulted in the reduction of imports for the South Africa printing inks market.

south africa-printing-inks-market

Offset Printing to Retain Dominance as Leading Application Segment

Based on application, the printing inks market in South Africa has been segmented into screen printing, flexography, gravure printing, offset printing, digital printing, and specialty printing.

Offset printing inks are estimated to account for the leading share in the printing inks market in South Africa in 2016 due to their wide application in the packaging and publication and commercial printing sectors. The segment is likely to retain its dominance in the country throughout the forecast period, led by the constant expansion in its end-use industries. In terms of volume, the segment holds highly attractive growth opportunities.

Flexographic printing inks are employed extensively in various applications across end-use industries. The packaging industry is the major consumer of flexographic inks and steady growth in the sector is expected to propel the flexographic printing inks segment in South Africa.

The digital printing inks segment is expanding at a significant rate owing to the growing trend of digital media in the country. The screen printing inks segment, on the other hand, is anticipated to expand at a sluggish pace due to the declining demand for screen printing in South Africa.

Rising Demand for Packaged Consumer Goods a Highly Lucrative Growth Option

The chief end users of printing inks in South Africa include publication and commercial printing, packaging, textiles, and metal cans. The packaging industry has emerged as a highly attractive end-use segment of the printing inks market in South Africa and the rising demand for packaged consumer products in the country is likely to boost the attractiveness of this market during the forecast period.

The publication and commercial printing sector is also a key contributor to the growth of the printing inks market in South Africa and the segment is likely to retain its share in the coming years owing to the stable growth of print media in the country. However, the gradual but steady shift from print to digital media is likely to hamper the demand for printing inks in the publication and commercial printing industry during the forecast period.

The metal cans and textiles segments are likely to be less attractive due to the contraction of these industries in the country.

Major players operating in the printing inks market in South Africa include New Africa Inks (Pty) Limited, GL Specialized Inks (Pty) Ltd., Constantia Printing Inks, Hi-Tech Inks (Pty) Ltd., Millian Inks, Select Inks, Flint Group South Africa Ltd., NUtec Digital Ink (Pty) Ltd., and Hostmann-Steinberg South Africa (Pty) Ltd.

1. Preface
     1.1. Report Scope and Market Segmentation 
     1.2. Research Highlights
     1.3. Research Objectives
     1.4. Key Questions Answered

2. Assumptions and Research Methodology
     2.1. Assumptions and Acronyms Used
     2.2. Research Methodology

3. Executive Summary
     3.1. Market Size, Indicative (US$ Mn)
     3.2. Top three trends

4. Market Overview
     4.1. Introduction 
     4.2. Market Indicators

5. Market Dynamics
     5.1. Drivers and Restraints Snapshot Analysis
           5.1.1. Drivers
           5.1.2. Restraints
           5.1.3. Opportunity Analysis 
     5.2. South Africa Printing Inks Market
     5.3. Porter’s Analysis 
           5.3.1. Bargaining power of Buyers.
           5.3.2. Bargaining power of Suppliers
           5.3.3. Threat of New Entrants
           5.3.4. Threat of Substitutes
           5.3.5. Degree of Competition
     5.4. Value Chain Analysis 

6. Printing Inks Market Analysis by Application Type
     6.1. Key Findings
     6.2. Introduction
     6.3. South Africa Printing Inks Market Value Share Analysis, By Application Type
           6.3.1. Screen printing inks 
           6.3.2. Flexographic printing inks 
           6.3.3. Gravure Printing Inks
           6.3.4. Offset Printing Inks
           6.3.5. Digital Printing Inks
           6.3.6. Specialty Inks
     6.4. Application Comparison Matrix
     6.5. Printing Inks Market Attractiveness Analysis by Application Type 

7. Printing Inks Market Analysis by End-use
     7.1. Key Findings
     7.2. Introduction      
     7.3. South Africa Printing Inks Market Value Share Analysis, By End-use Type
           7.3.1. Publication & Commercial Printing
           7.3.2. Packaging
           7.3.3. Textile
           7.3.4. Metal Cans
           7.3.5. Others
     7.4. Printing Inks Market Attractiveness Analysis by End-use Type

8. Company Profile
     8.1. Printing Inks Market Share Analysis by Company (2015)     
     8.2. Competition Matrix
     8.3. Key players
           8.3.1. New Africa Inks (Pty) Limited
                   8.3.1.1. Company Description
                   8.3.1.2. Business Overview
           8.3.2. GL Specialized Inks (Pty) Ltd.
                   8.3.2.1. Company Description
                   8.3.2.2. Business Overview
           8.3.3. Constantia Printing Inks
                   8.3.3.1. Company Description
                   8.3.3.2. Business Overview
           8.3.4. Hi-Tech Inks (Pty) Ltd.
                   8.3.4.1. Company Description
                   8.3.4.2. Business Overview
           8.3.5. Millian Inks
                   8.3.5.1. Company Description
                   8.3.5.2. Business Overview
           8.3.6. Select Inks
                   8.3.6.1. Company Description
                   8.3.6.2. Business Overview
           8.3.7. Flint Group South Africa Ltd.
                   8.3.7.1. Company Description
                   8.3.7.2. Business Overview
                   8.3.7.3. SWOT Analysis
                   8.3.7.4. Financial Details
                   8.3.7.5. Strategic Overview 
           8.3.8. NUtec Digital Ink (Pty) Ltd
                   8.3.8.1. Company Description
                   8.3.8.2. Business Overview
                   8.3.8.3. SWOT Analysis
                   8.3.8.4. Strategic Overview
           8.3.9. Hostmann-Steinberg South Africa (Pty) Ltd.
                   8.3.9.1. Company Description
                   8.3.9.2. Business Overview
           8.3.10. Others

List of Figures

Figure 01: South Africa Printing Inks Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 02: South Africa Printing Inks Average Price (US$/ Unit) 2015–2024
Figure 03: South Africa Printing Inks Market Value Share Analysis by Application Type, 2016 and 2024
Figure 04: Screen Printing Inks Market Value Share Analysis, 2016 and 2024
Figure 05: Flexographic Printing Inks Market Value Share Analysis, 2016 and 2024
Figure 06: Gravure Printing Inks Market Value Share Analysis, 2016 and 2024
Figure 07: Offset Printing Inks Market Value Share Analysis, 2016 and 2024
Figure 08: Digital Printing Inks Market Value Share Analysis, 2016 and 2024
Figure 09: Specialty Inks Market Value Share Analysis, 2016 and 2024
Figure 10: Printing Inks Market Attractiveness Analysis, by Application, 2015
Figure 11: South Africa Printing Inks Market Value Share Analysis by End-use Type, 2016 and 2024
Figure 12: Publication & Commercial Printing Market Value Share Analysis, 2016 and 2024
Figure 13: Packaging Market Value Share Analysis, 2016 and 2024
Figure 14: Textile Market Value Share Analysis, 2016 and 2024
Figure 15: Metals Market Value Share Analysis, 2016 and 2024
Figure 16: Others Value Share Analysis, 2016 and 2024
Figure 17: Printing Inks Market Attractiveness Analysis, by End-use, 2015
Figure 18: South Africa Printing Inks Market Share Analysis, by Company, 2015

List of Tables

Table 01: South Africa Printing Inks Market Size (US$ Mn) and Volume (Units) Forecast, By Application
Table 02: South Africa Printing Inks Market Size (US$ Mn) and Volume (Units) Forecast, By End-use Type, 2015–2024

South Africa Printing Inks Market: Research Methodology

Printing inks is a liquid or paste that contains pigments or dyes mixed with oil or solvents or water. Printing inks are used to color surfaces such as paper, cardboard, and ceramic tiles to produce an image, text, or design. These inks can be classified into liquid and paste. Liquid inks are employed in gravure and flexographic printing processes, while paste inks are used in offset printing process. Pigments are extensively used in printing inks as colorants (except in flexographic printing process). Invisible or fluorescent printing dye stuff is used as colorants in flexographic printing process and some other special applications such as heat transfer printing.

The report provides in-depth analysis and forecast of the printing inks market in South Africa. It includes forecast for the period from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the printing inks market in South Africa. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive the revenue and volume figures for the printing inks market in South Africa. Furthermore, the bottom-up approach has been employed to derive data for various application segments based on demand for printing inks. A combination of top-down and bottom-up approaches helps validate the quantitative data. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

South Africa Printing Inks Market: Scope of the Study

Detailed analysis of various factors driving the printing inks market in South Africa has been included for astute decision making. Impact of these drivers has been analyzed with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the course of the forecast period. The report also comprises various opportunities available for market growth during the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the printing inks market in South Africa during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the printing inks industry, from raw material suppliers to end-users. Various processes employed in the manufacture of printing inks have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis comprises the market share of dominant players in 2015, based on their production capacities. Furthermore, market attractiveness analysis has been conducted to analyze product segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each product segment.

South Africa Printing Inks Market: Segmentation

Based on application, the printing inks market in South Africa has been segmented into screen printing inks, flexographic printing inks, gravure printing inks, offset printing inks, digital printing inks, and specialty inks. The report comprises detailed analysis of all the segments in the printing inks market in South Africa and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of end-user, the market has been segmented into publication & commercial printing, packaging, textiles, metal cans, and others (decorative inks, etc.). Demand for printing inks in each of its application segments has been analyzed and forecast for the period of eight years.

South Africa Printing Inks Market: Competitive Landscape

The report also comprises profiles of leading companies in the printing inks market in South Africa. These include New Africa Inks (Pty) Limited, GL Specialized Inks (Pty) Ltd., Constantia Printing Inks, Hi-Tech Inks (Pty) Ltd., Millian Inks, Select Inks, Flint Group South Africa Ltd., NUtec Digital Ink (Pty) Ltd., and Hostmann-Steinberg South Africa (Pty) Ltd. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.

This report segments the printing inks market in South Africa as follows:

  • Printing Inks Market – Application Analysis
    • Screen Printing Inks
    • Flexographic Printing Inks
    • Gravure Printing Inks
    • Offset Printing Inks
    • Digital Printing Inks
    • Specialty Inks
  • Printing Inks Market – End-user Analysis
    • Publication & Commercial Printing
    • Packaging
    • Textiles
    • Metal Cans
    • Others (Decorative inks, etc.)


 
 
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