11.29.23
Transparency Market Research Inc. estimates the global flexographic printing inks market at a value of US$5.4 billion in 2021. It is anticipated to register a 4% CAGR from 2022 to 2031, and by 2031, the market is likely to attain US$7.7 billion.
Comparing flexographic printing to conventional lithographic printing machines reveals a number of benefits. It can print on nearly any substrate with a wide range of inks and requires less time to start up. Flexographic printing is becoming more and more popular because of its quickness, affordability, and low environmental impact.
Flexographic printing is an option for medium- to large-scale print projects that need to be finished as soon as possible because of its exceptionally high press speeds and suitability for extended runs.
The significant advantages that flexible packaging offers over current options can be attributed to its rising popularity. It has benefits including longer shelf life, less expensive shipping, and less material usage and landfill impact. Since it is affordable and can print on flexible packaging substrates, this format offers a perfect opportunity for marketing.
The global market for flexographic printing inks has been divided into three categories depending on type: solvent-based, water-based, and UV-cured inks. In terms of market share, the UV-cured inks type category accounted for 38.3% in 2021. By 2031, the category should expand at a 3.5% CAGR.
Comparing flexographic printing to conventional lithographic printing machines reveals a number of benefits. It can print on nearly any substrate with a wide range of inks and requires less time to start up. Flexographic printing is becoming more and more popular because of its quickness, affordability, and low environmental impact.
Flexographic printing is an option for medium- to large-scale print projects that need to be finished as soon as possible because of its exceptionally high press speeds and suitability for extended runs.
The significant advantages that flexible packaging offers over current options can be attributed to its rising popularity. It has benefits including longer shelf life, less expensive shipping, and less material usage and landfill impact. Since it is affordable and can print on flexible packaging substrates, this format offers a perfect opportunity for marketing.
The global market for flexographic printing inks has been divided into three categories depending on type: solvent-based, water-based, and UV-cured inks. In terms of market share, the UV-cured inks type category accounted for 38.3% in 2021. By 2031, the category should expand at a 3.5% CAGR.