Market Overview:
The global water-based flexo inks market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for environment-friendly printing inks and rising awareness about the benefits of using water-based flexo inks over solvent-based flexo inks. Based on type, acrylic resin accounted for a major share of the global water-based flexo inks market in 2017. Acrylic resin offers excellent adhesion properties, high gloss finish, and resistance to abrasion and chemicals. It is also nonflammable and does not contain any volatile organic compounds (VOCs). These factors are expected to drive the demand for acrylic resin based water-based flexo ink during the forecast period.
Product Definition:
Water-based flexo inks are low-VOC inks that use water as the primary solvent. They are typically used for printing onto paper and other absorbent materials. The water content gives these inks a relatively short drying time, which is important for jobs that require a fast turnaround. Water-based flexo inks also have low toxicity, making them safer to use than some other types of ink.
Acrylic Resin:
Acrylic resin is a type of polymer, which is derived from carbon chains and linked by ester groups. The most common form of acrylic resin used in flexo printing ink formulation includes methyl methacrylate (MMA), ethyl methacrylate (EMA), butyl acrylates, and polymethylol acrylamide.
Maleic Resin:
Maleic resins are natural compounds derived from fumaric acid, a derivative of sorbitol. They are used as an intermediate in the production of printing inks and coatings. The most commonly used maleic resin is Fumed Maleic Anhydride (FMH). It is a white waxy solid that dissolves in alcohol and ether but remains intact in water.
Application Insights:
Packaging emerged as the largest application segment and accounted for over 60.0% of the total market revenue in 2017. The packaging products include food & beverage, consumer goods, industrial and medical packaging among others. Rising demand for flexible packaging across various industries is expected to be a key factor driving product demand over the forecast period.
The publication segment is anticipated to witness significant growth in terms of both revenue as well as volume during the forecast period owing to growing use of water-based flexo ink in currency, date stamp and other stamps on paper documents such as bills, notes etc., which help prevent counterfeiting activities across different industries such as banking & financial services, pharmaceuticals among others. Growing use of these types of labels on products such a medicine bottles with details like manufacturer name, product name etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the global share. The region is anticipated to continue its dominance over the forecast period, owing to growing demand from end-use industries such as packaging, tags & labels, and others. China is expected to remain a key manufacturing hub for water-based flexo inks across Asia Pacific on account of low production cost coupled with availability of skilled labor force at economical costs.
Europe emerged as the second major consumer due to high demand from packaging industry on account of rising exports and imports across countries such as Germany, U.K., France among others which are major consumers for packaged food products along with various other household goods including cosmetics among others.
Growth Factors:
- Increasing demand for water-based flexo inks from the packaging industry on account of its environmental benefits over solvent-based flexo inks.
- Rising demand for UV curable water-based flexo inks from the printing industry as they offer high quality prints with quick turnaround times.
- Growing popularity of digital printing, which is driving the demand for water-based flexo inks as they are better suited for digital printing applications than solvent-basedflexo inks.
- Increasing investments by ink manufacturers to develop new and innovative water-basedflexo ink formulations that can meet the specific needs of different end users industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-based Flexo Inks Market Research Report
By Type
Acrylic Resin, Maleic Resin, Shellac Resin, Others
By Application
Packaging, Publication, Tags & Labels, Others
By Companies
Flint Group, DIC Corporation, Sakata Inx, Siegwerk, Toyo Ink, Nazdar Ink Company, T&K Toka, Huber Group, PolyOne, Swan Coatings, Kao Collins, Sky Dragon Group, Yipsink, Hangzhou TOKA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Water-based Flexo Inks Market Report Segments:
The global Water-based Flexo Inks market is segmented on the basis of:
Types
Acrylic Resin, Maleic Resin, Shellac Resin, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging, Publication, Tags & Labels, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Flint Group
- DIC Corporation
- Sakata Inx
- Siegwerk
- Toyo Ink
- Nazdar Ink Company
- T&K Toka
- Huber Group
- PolyOne
- Swan Coatings
- Kao Collins
- Sky Dragon Group
- Yipsink
- Hangzhou TOKA
Highlights of The Water-based Flexo Inks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Resin
- Maleic Resin
- Shellac Resin
- Others
- By Application:
- Packaging
- Publication
- Tags & Labels
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Water-based Flexo Inks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Water-based flexo inks are a type of ink that is made up of water and oil. They are often used in printing because they can be easily absorbed by paper and don't leave a lot of residue.
Some of the major players in the water-based flexo inks market are Flint Group, DIC Corporation, Sakata Inx, Siegwerk, Toyo Ink, Nazdar Ink Company, T&K Toka, Huber Group, PolyOne, Swan Coatings, Kao Collins, Sky Dragon Group, Yipsink, Hangzhou TOKA.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water-based Flexo Inks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Water-based Flexo Inks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water-based Flexo Inks Market - Supply Chain
4.5. Global Water-based Flexo Inks Market Forecast
4.5.1. Water-based Flexo Inks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water-based Flexo Inks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Water-based Flexo Inks Market Absolute $ Opportunity
5. Global Water-based Flexo Inks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Water-based Flexo Inks Market Size and Volume Forecast by Type
5.3.1. Acrylic Resin
5.3.2. Maleic Resin
5.3.3. Shellac Resin
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Water-based Flexo Inks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Water-based Flexo Inks Market Size and Volume Forecast by Application
6.3.1. Packaging
6.3.2. Publication
6.3.3. Tags & Labels
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Water-based Flexo Inks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Water-based Flexo Inks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Water-based Flexo Inks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Water-based Flexo Inks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Water-based Flexo Inks Demand Share Forecast, 2019-2026
9. North America Water-based Flexo Inks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Water-based Flexo Inks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Water-based Flexo Inks Market Size and Volume Forecast by Application
9.4.1. Packaging
9.4.2. Publication
9.4.3. Tags & Labels
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Water-based Flexo Inks Market Size and Volume Forecast by Type
9.7.1. Acrylic Resin
9.7.2. Maleic Resin
9.7.3. Shellac Resin
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Water-based Flexo Inks Demand Share Forecast, 2019-2026
10. Latin America Water-based Flexo Inks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Water-based Flexo Inks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Water-based Flexo Inks Market Size and Volume Forecast by Application
10.4.1. Packaging
10.4.2. Publication
10.4.3. Tags & Labels
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Water-based Flexo Inks Market Size and Volume Forecast by Type
10.7.1. Acrylic Resin
10.7.2. Maleic Resin
10.7.3. Shellac Resin
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Water-based Flexo Inks Demand Share Forecast, 2019-2026
11. Europe Water-based Flexo Inks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Water-based Flexo Inks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Water-based Flexo Inks Market Size and Volume Forecast by Application
11.4.1. Packaging
11.4.2. Publication
11.4.3. Tags & Labels
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Water-based Flexo Inks Market Size and Volume Forecast by Type
11.7.1. Acrylic Resin
11.7.2. Maleic Resin
11.7.3. Shellac Resin
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Water-based Flexo Inks Demand Share, 2019-2026
12. Asia Pacific Water-based Flexo Inks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Water-based Flexo Inks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Water-based Flexo Inks Market Size and Volume Forecast by Application
12.4.1. Packaging
12.4.2. Publication
12.4.3. Tags & Labels
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Water-based Flexo Inks Market Size and Volume Forecast by Type
12.7.1. Acrylic Resin
12.7.2. Maleic Resin
12.7.3. Shellac Resin
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Water-based Flexo Inks Demand Share, 2019-2026
13. Middle East & Africa Water-based Flexo Inks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Water-based Flexo Inks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Water-based Flexo Inks Market Size and Volume Forecast by Application
13.4.1. Packaging
13.4.2. Publication
13.4.3. Tags & Labels
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Water-based Flexo Inks Market Size and Volume Forecast by Type
13.7.1. Acrylic Resin
13.7.2. Maleic Resin
13.7.3. Shellac Resin
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Water-based Flexo Inks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Water-based Flexo Inks Market: Market Share Analysis
14.2. Water-based Flexo Inks Distributors and Customers
14.3. Water-based Flexo Inks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Flint Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DIC Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sakata Inx
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siegwerk
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toyo Ink
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nazdar Ink Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. T&K Toka
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Huber Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PolyOne
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Swan Coatings
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kao Collins
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sky Dragon Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yipsink
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hangzhou TOKA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook