TMR_Research_Reports_2017 Analysis and Research By 2024, TMR | Page 2

Waterbased Coatings Market
REPORT DESCRIPTION
Printing Inks Market (Application - Screen Printing, Flexographic
Printing, Gravure Printing, Offset Printing, Digital Printing, and
Specialty Printing; End Use - Publication and Commercial Printing,
Packaging, Textiles, Metal Cans, and Decorative Inks) - South Africa
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 -
2024
The printing inks market in South Africa is highly fragmented and the top six companies cumulatively
accounted for more than 60% in 2015. These companies are New Africa Inks (Pty) Limited,
Constantia Printing Inks, Hi-Tech Inks (Pty) Ltd., Flint Group South Africa Ltd., Hostmann-Steinberg
South Africa (Pty) Ltd., and NUtec Digital Ink (Pty) Ltd. Transparency Market Research finds that the
increasing penetration of multinational printing inks industry players is likely to create stiff competition
for the domestic players in the South Africa printing inks market.
The South Africa printing inks market is not dominated by any single manufacturer. Existing players
are constantly developing new products to expand their consumer base. For instance, in August
2016, Flint Group Flexible Packaging launched VarioLam AB LEC. This range of multi-functional
polyurethane-based (PU-based) inks are known to withstand the moisture, heat, and pressure of the
retort process, provide an extended shelf life, and ensure the safety of the contents. Such
developments are key to the sustained growth of the South Africa printing inks market.
Obtain Report Details @ http://www.transparencymarketresearch.com/south-africa-
printing-inks-market.html
The South Africa printing inks market was valued at US$85.9 mn in 2015 and is estimated to reach
US$155.1 mn by 2024, expanding at a CAGR of 6.9% therein.
Offset Printing Offering Strong Scope for Growth of South Africa Printing Inks Market
In terms of volume, offset printing inks held the dominant share of over 40.0% in 2015 and are
anticipated to continue leading the printing inks market in South Africa. The digital printing inks
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Transparency Market Research