Europe Flexographic Printing Inks Market size is forecast to be valued at over USD 3.5 billion by 2024
Jan 15, 2019
Europe Flexographic Printing Inks Market demand was exceeded $2.93 billion in 2017 and is estimated to grow at over CAGR of 4.1 % from 2018 to 2024 owing to growing population coupled with increasing packaged food demand.
January 15, 2019 /MarketersMedia/ —
According to the Graphical Research report, titled “Europe Flexographic Printing Inks Market Analysis by Application, Product, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024”, projected to exceed USD 3.5 billion by 2024.
Flexographic inks have evolved since a long way of about four decades from aniline dyes, to polyamide resins, to solvent and water-based inks. These inks go through flexography process for further usage to be done in printing of various packaging materials. Rising needs for convenient packaging and handling in different FMCG products is said to augment the Europe flexographic printing inks market in the forecast period. These convenient packaging materials include products such as pouches which are easier to carry, light weight, inexpensive and sometimes resealable. Shifting corporate lifestyle along with increasing packaged food consumptions will foster the flexible packaging industry and thereby boost the flexographic printing inks market in Europe.
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Better corporate lifestyle in the European region owing to higher income levels of consumers is said to foster the flexographic printing inks market demand in coming days. Consumers tend to buy attractive packaged products which lure the eye in a single catch. Packaging plays a vital role in the product selling as inferior or low-quality packaging might create a different perspective in the minds of consumers. These factors will augment the flexible packaging industry and in turn, will fuel the flexographic printing inks market demand in the future years.
Due to high durability and superior results, solvent-based liquids find applications in large substrates. Water-based inks will hold a major share in the flexographic printing inks market owing to its wide range of applications in various packaging materials. However, strict governmental regulations by the U.S. Environmental Protection Agency and Food & Drug Administration, catering to the packaging materials used in the food & beverage and cosmetic & personal care industry might hinder the industry growth in near future.
Zeller+Gmelin GmbH, Flint Group, RUCO Druckfarben A.M. Ramp & Co GmbH, Siegwerk Druckfarben AG & Co. KGaA, and Altana AG are some of the major players in the European industry.
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Segments We Cover:
Europe Flexographic Printing Inks Market by Application
· Flexible packaging
· Corrugated containers
· Folding cartons
· Tags & labels
· Others
Europe Flexographic Printing Inks Market by Product
· Water-based
· Solvent-based
· UV-cured
· Others
Browse key industry insights from this 2018 report Europe Flexographic Printing Inks Market in detail along with the table of contents @
https://www.graphicalresearch.com/industry-insights/1111/europe-flexographic-printing-inks-market
The above information is provided on a country basis for the following:
· Germany
· UK
· France
· Spain
· Italy
· Russia
· Poland
Related Reports:
1. Asia Pacific Flexographic Printing Inks Market by Product (Water-based, Solvent-based, UV-cured), By Application (Flexible Packaging, Corrugated Containers, Folding Cartons, Tags & Labels), by Regional Outlook (China, India, Japan, Australia, Indonesia, Malaysia) – Industry Size, Share, Growth Trends & Forecast, 2018 – 2024
2. Asia Pacific Industrial Air Filtration Market to surpass $1.65 billion by 2024
Asia-Pacific Industrial Air Filtration Market size is projected to reach $1.65 billion by 2024 owing to Strict industrial safety norms & policies defining the quality of air inside industrial facilities.
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Contact Info:
Name: Parikhit B.
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Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1111/europe-flexographic-printing-inks-market
Source: MarketersMedia
Release ID: 469104
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