Acumen Research and Consulting Flexographic Inks Market is Anticipated to Surpass | Page 2
around 3.7 % throughout the forecast period and reach around
US$ 6.5 billion by 2026.
The packaging is seen as a very important marketing aspect that
affects the buying decision of the consumer. The packaging sector
is a major printing ink consumer. In the coming years, demand for
flexographic ink is expected to rise in the food and beverage
sectors, and demand is increased for flexible packaging from the
healthcare sector.
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There is a significant increase in the trend in e-commerce
worldwide. The publication and business printing industry are
being hindered. Thus, the global flexographic inks market is
estimated to decrease substantially over the forecast period in
paper-based communication. E-books, event tickets, sporting
products, toys, hotel and airline reservations are part of the trend
for e-commerce. In particular, increasing e-books are expected to
hamper the global market for flexographic inks during the
forecast period.
Market Stance
The flexographic tin market has been divided into solvent-based
inks, water-based inks and UV-curved inks. The water-based ink
sector was the world’s largest market share in 2017. Inks on
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