Flexographic Printing Inks Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Flexographic Printing Inks Market
Inks used in the flexography technique are referred to as
flexographic inks. Printing is done using them on packaging materials including
cans, cardboard boxes, food packets, paper bags, newspapers, catalogues,
magazines, etc. Due to the low cost of application and the environmentally
beneficial characteristics of this printing process, growth has been steady in
recent years. This ink's application technique is its most important component.
The kind of ink used for printing depends on the material being printed on.
Which type of ink should be used depends on a number of variables, including
speed, cost, and packaging. Each form of ink has benefits and drawbacks of its
own.
Flexographic inks can print a variety of patterns
continuously, offer a huge selection of colour possibilities, and swiftly and
affordably print simple to complicated designs on a variety of packaging items.
Due to competition and rising FMCG demand, packaging is constantly changing to
become more appealing. Flexographic inks make this possible quickly and
affordably.
Flexographic ink is utilised in the layer that sits beneath
packaging, and the expansion of the e-commerce sector has a direct impact on
the flexographic
inks market. The expansion of the market for flexographic inks has been
hampered by the current global pandemic crisis. Many businesses have
temporarily suspended printing as a result of COVID 19 and a staffing shortage.
Additionally, the pandemic's impact on the price of raw materials like resins
and crude oils has caused a significant amount of price volatility, which has
hampered expansion. The market is divided into Volatile ink and Energy curable
ink based on the type of ink used. The majority of the market is dominated by
energy-curable inks, which harden the ink on the surface through intermolecular
bonding while volatile inks require the addition of water to dry.
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