The global flexographic inks market
is projected to grow at a CAGR of 5.22% to reach $7.430 billion by 2024, up from $5.474 billion in 2018.
Flexography is a printing technology that is suitable for printing on coated and uncoated paper materials, non-porous substrates including metalized and paper foils, and plastic films.
Evolving flexographic printing owing to its cost effectiveness is driving the flexographic inks market growth. The convergence of a variety of market drivers ranging from sustainability and environmental impact, cost management and reduction, and brand and product aligning with increased consumer choice is driving the flexographic printing market which in turn is positively impacting the flexographic inks market. These inks are extensively used in the packaging of a number of products such as cosmetics, food and beverages and etc.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments.
Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions.
Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.