Global flexo-ink Market 2023
                     Global flexo-ink  Market 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global flexo-ink  Market 2023
Global flexo-ink Market 2023: Industry Survey, Growth, 
Competitive Landscape and Forecasts to 2023
• Flexo-ink market are gaining importance in printing industry owing to shorter runs which benefits 
promoting activities. Packaging being major marketing tool is contributing towards high growth of 
flexo-ink market owing to light weight, good aesthetic properties and help the companies to create 
a brand image. 
• Moreover, improving economic conditions worldwide is significantly standard of living which is 
anticipated to drive the global flexo-ink market across end use industries.  
• The global flexo-ink market is projected to grow with CAGR of 5.72% during forecast period. 
Growing new technologies in printing industry such as sleeve and adapter technology has 
contributed more towards improved print quality worldwide, thereby reducing setting time and 
labor costs. Thus, growing printing industry is another driving factor in the growth of global 
flexographic inks market. 
• Flexo-inks are available in various forms such as solvent, water and UV based among others. Solvent 
based flexo-ink has occupied the largest share among the segment in 2016, with 52% market share. 
Growing demand for solvent-based inks over water based is mainly due to easy penetration of inks 
on plastic substrates. 
• The main key challenge for water-based inks are more drying time and less press efficiency. Over the 
years, with increasing government regulations, water based flexo-inks are anticipated to be  
 evolved as new generation ink market owing to less VOC emissions and lower flammability.  
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Global flexo-ink  Market 2023
Competitive Landscape
• Flexo-ink market appears to be fragmented market owning to the presence of numerous small and 
large players active in regional market.
•  The strategies traced from the analysis of recent developments of the key players include 
acquisition and expansion. For instance, Sun Chemical company opened a new automated and 
advanced technology production facility in Turkey to meet demand of solvent based flexible 
packaging.
•  Migration of pharmaceutical industries to emerging markets in order to tap opportunities are 
further fuelling the growth of flexo-ink market. Product development and joint venture or 
collaboration are some of the strategies followed by regional players.
•  Companies like Sun Chemical and BASF are developing solvent free inks to achieve sustainable 
growth in coming years. Moreover, flint group introduced new range of polyurethane-based inks for 
high performance flexo printing in packaging industry.
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Global flexo-ink  Market 2023
Regional Analysis
• Asia Pacific region is dominating region and accounted for 40% market share in global flexo-ink 
market. Growing investments in R&D for innovative products packaging across cosmetics and 
pharmaceuticals has significantly propelled the market growth in this region. 
• Europe witnessed considerable growth in global flexo-ink market. Stern regulations regarding 
minimal VOC contain or free VOC contain products are driving high attention in developed regions. 
• Moreover, growing demand for ready to eat meals among consumer with new labels and 
advertisement campaign are expected to augment the market growth in this region. 
• North America flexo ink market witnessed significant growth with CAGR of 5.39% during forecast 
period. Key players in food & beverage industry based in U.S. and Canada are spending more on 
outdoor advertisements which are further anticipated to drive the market growth. 
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Global flexo-ink  Market 2023
Application & Major Players in this Research:
•   Bundling industry
• Paper industry
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