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South East Asia Flexographic Ink Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Resin Type (Polyamides Resin, Nitrocellulose, Polyurethane, Acrylic Resins, and Others), Technology (Water-Based Technology, Solvent Based Technology, and UV-Curable Technology), and Application (Flexible Packaging, Rigid Packaging, Folding Cartons, Tags and Labels, Paper and Board Printing, and Sheet Fed Printing

Code: TIPRE00014594 | Pages: 130 | Industry: Chemicals and Materials | Date: Sep 2020
Covid

Market Introduction

Flexographic ink, also known as flexo printing ink, is used in the printing of packaging materials such as cardboard boxes, packaged food, paper bags, plastic bags, and newspapers.  There is an upsurge in demand for flexographic inks from the packaging industry due to the growing focus of manufacturers on the development of attractive packaging methods and materials for their products. UV curable ink is gaining high acceptance over other inks such as water-based ink and solvent-based ink due to its advantages such as high production output, superior bonding, low volatile organic compound (VOC) content, lowered drying time, reduced rejection rates, and better solvent resistance properties. The demand for UV-curable inks has also increased on the back of continuous changes in environmental regulations, and growing awareness and rising concern toward improving the safety of packaged foods. Technological advancements in the field have reduced the risk of fading, delamination, and bubble formations, which is anticipated to further drive the demand for flexographic inks.

Market Overview and Dynamics

The South East Asia flexographic ink market is expected to reach US$ 661.06 million by 2027 from US$ 443.26 million in 2019; it is anticipated to grow at a CAGR of 5.2% from 2020 to 2027. Growing demand for flexographic ink from the packaging industry and increasing use of UV-curable inks drive the market growth. However, shifting preference from print media to digital media limits the growth of the market in South East Asia.

Key Market Segments

Based on resin type, the polyurethane segment accounted for the largest share of the South East Asia flexographic ink market in 2019. In terms of technology, the water-based technology segment is expected to hold the largest share of the market by 2027. Based on application, the flexible packaging segment held a significant share of the South East Asia flexographic ink market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the South East Asia flexographic ink market include DIC Corporation, Nazdar Ink Technologies., Sakanta Inx Corporation, SiegwerkDruckfarben Ag and Co. KGaA, T& K Toka Co. Ltd., Toyo Ink SC Holdings Co. Ltd. and Swan Coatings (M) Sdn. Bhd. 

 

Impact of COVID-19 Pandemic on Flexographic InkMarket

The COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace worldwide. As of September 2020, Malaysia, Singapore, Thailand, and Vietnam are among the highly affected South East Asian countries in terms of confirmed cases and reported deaths. The COVID-19 pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Chemicals and materials is among the major industries facing serious disruptions.

Reasons to Buy Report

  • To understand the flexographic ink market landscape and identify segments that are most likely to guarantee a strong return
  • To stay ahead of the race by comprehending the ever-changing competitive market landscape
  • To efficiently plan merger, acquisitions, and partnerships in the flexographic ink market by identifying segments with the most promising probable sales
  • To take knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
  • To obtain revenue forecast of the flexographic ink market based on various segments for the period 2020–2027

South East Asia Flexographic Ink Market Segmentation

By Resin Type

  • Polyamides Resin
  • Nitrocellulose
  • Polyurethane
  • Acrylic Resins
  • Others

By Technology

  • Water-Based Technology
  • Solvent Based Technology
  • UV-Curable Technology

By Application

  • Flexible Packaging
  • Rigid Packaging
  • Folding Cartons
  • Tags and Labels
  • Paper and Board Printing
  • Sheet Fed Printing

By Country

  • Malaysia
  • Singapore
  • Thailand
  • Vietnam
  • Rest of South East Asia

Company Profiles

  • Nazdar Ink Technologiesglob
  • DIC Corporation
  • Toyo Ink SC Holdings Co. Ltd
  • Sakanta Inx Corporation
  • T & K Toka Co. Ltd
  • SiegwerkDruckfarben AG & Co. KGaA
  • Swan Coatings (M) Sdn. Bhd

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Flexographic Inks Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        South East Asia

4.3         Overview of the Raw Material Supply For Flexographic Ink

4.4         Printing Capabilities of the Print Machines

4.4.1        Gravure Printing Technical specifications

4.4.2        Comparison between Flexographic Printing Ink and Gravure Printing Ink

4.4.3        Key Companies Share for Gravure and Flexographic Printing Inks

4.4.4        South East Asia Market Overview of Gravure Printing Inks

4.5         Market Capitalization (Key Public Listed Companies, Stocks, Stock Prices)

4.6         Expert Opinion

5.           Flexographic Inks Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Demand for Flexographic Ink from Packaging Sector

5.1.2        Increasing Use of UV-Curable Inks

5.2         Market Restraints

5.2.1        Shifting Preference from Print Media to Digital Media

5.3         Market Opportunities

5.3.1        Increasing Demand for Flexographic Ink in Food Packaging

5.4         Future Trends

5.4.1        Introduction of Eco-Friendly Inks

5.5         Impact Analysis Of Drivers And Restraints

6.           Flexographic Inks – South East Asia Market Analysis

6.1         Flexographic Inks Market Overview

6.1.1        Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

6.2         Market Positioning – South East Asia Market Players

7.           Flexographic Ink Market Analysis – By Resin Type

7.1         Overview

7.2         Flexographic Ink Market, By Resin Type (2019 and 2027)

7.3         Polyamides Resin

7.3.1        Overview

7.3.1.1          Polyamides Resin: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

7.4         Nitrocellulose

7.4.1        Overview

7.4.1.1          Nitrocellulose: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

7.5         Polyurethane

7.5.1        Overview

7.5.1.1          Polyurethane: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

7.6         Acrylic Resins

7.6.1        Overview

7.6.1.1          Acrylic Resins: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.1.1          Others: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

8.           Flexographic Ink Market Analysis – By Technology

8.1         Overview

8.2         Flexographic Ink Market, By Technology (2019 and 2027)

8.3         Water-Based Technology

8.3.1        Overview

8.3.1.1          Water-Based Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

8.4         Solvent Based Technology

8.4.1        Overview

8.4.1.1          Solvent Based Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

8.5         UV-Curable Technology

8.5.1        Overview

8.5.1.1          UV-Curable Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.           Flexographic Ink Market Analysis – By Application

9.1         Overview

9.2         Flexographic Ink Market, By Application (2019 and 2027)

9.3         Flexible Packaging

9.3.1        Overview

9.3.1.1          Flexible Packaging: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.4         Rigid Packaging

9.4.1        Overview

9.4.1.1          Rigid Packaging: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.5         Folding Cartons

9.5.1        Overview

9.5.1.1          Folding Cartons: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.6         Tags and Labels

9.6.1        Overview

9.6.1.1          Tags and Labels: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.7         Paper and Board Printing

9.7.1        Overview

9.7.1.1          Paper and Board Printing: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

9.8         Sheet Fed Printing

9.8.1        Overview

9.8.1.1          Sheet Fed Printing: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

10.        Geography

10.1      South East Asia: Flexographic Inks Market

10.1.1     South East Asia: Flexographic Inks Market – Revenue and Forecast to 2027 (US$ Million)

10.1.2     South East Asia: Flexographic Inks Market, by Key Country

10.1.2.1       Malaysia: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

10.1.2.1.1       Malaysia: Flexographic Inks Market, by Resin Type

10.1.2.1.2       Malaysia: Flexographic Inks Market, by Technology

10.1.2.1.3       Malaysia: Flexographic Inks Market, by Application

10.1.2.2       Singapore: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

10.1.2.2.1       Singapore: Flexographic Inks Market, by Resin Type

10.1.2.2.2       Singapore: Flexographic Inks Market, by Technology

10.1.2.2.3       Singapore: Flexographic Inks Market, by Application

10.1.2.3       Thailand: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

10.1.2.3.1       Thailand: Flexographic Inks Market, by Resin Type

10.1.2.3.2       Thailand: Flexographic Inks Market, by Technology

10.1.2.3.3       Thailand: Flexographic Inks Market, by Application

10.1.2.4       Vietnam: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

10.1.2.4.1       Vietnam: Flexographic Inks Market, by Resin Type

10.1.2.4.2       Vietnam: Flexographic Inks Market, by Technology

10.1.2.4.3       Vietnam: Flexographic Inks Market, by Application

10.1.2.5       Rest of South East Asia: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

10.1.2.5.1       Rest of South East Asia: Flexographic Inks Market, by Resin Type

10.1.2.5.2       Rest of South East Asia: Flexographic Inks Market, by Technology

10.1.2.5.3       Rest of South East Asia: Flexographic Inks Market, by Application

11.        Overview- Impact of Coronavirus outbreak

11.1      Overview

11.2      SEA: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Merger and Acquisition

12.2      Market Initiative

12.3      New Development

12.4      Others

13.        Company Profiles

13.1      Nazdar Ink Technologiesglob

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      DIC Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Toyo Ink SC Holdings Co. Ltd.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Sakanta Inx Corporation

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      T & K Toka Co. Ltd.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Siegwerk Druckfarben AG & Co. KGaA

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Swan Coatings (M) Sdn. Bhd.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             Malaysia Flexographic Inks Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 3.             Malaysia Flexographic Inks Market, by Technology – Revenue and Forecast to 2027 (USD Million)

Table 4.             Malaysia Flexographic Inks Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 5.             Singapore Flexographic Inks Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 6.             Singapore Flexographic Inks Market, by Technology – Revenue and Forecast to 2027 (USD Million)

Table 7.             Singapore Flexographic Inks Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 8.             Thailand Flexographic Inks Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 9.             Thailand Flexographic Inks Market, by Technology – Revenue and Forecast to 2027 (USD Million)

Table 10.          Thailand Flexographic Inks Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 11.          Vietnam Flexographic Inks Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 12.          Vietnam Flexographic Inks Market, by Technology – Revenue and Forecast to 2027 (USD Million)

Table 13.          Vietnam Flexographic Inks Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 14.          Rest of South East Asia Flexographic Inks Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 15.          Rest of South East Asia Flexographic Inks Market, by Technology – Revenue and Forecast to 2027 (USD Million)

Table 16.          Rest of South East Asia Flexographic Inks Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 17.          List of Abbreviation

 

LIST OF FIGURES

Figure 1.           South East Asia Flexographic Inks Market Segmentation

Figure 2.           South East Asia Flexographic Inks Market Segmentation – By Country

Figure 3.           South East Asia Flexographic Inks Market Overview

Figure 4.           Acrylic Resins Segment Held Largest Share of South East Asia Flexographic Inks Market

Figure 5.           Rest of South East Asia Held Largest Share of South East Asia Flexographic Inks Market

Figure 6.           South East Asia Flexographic Inks Market, Industry Landscape

Figure 7.           South East Asia: PEST Analysis

Figure 8.           Flexographic Ink Market Impact Analysis Of Driver And Restraints

Figure 9.           North America: Flexographic Inks Market – Revenue and Forecast to 2027 (US$ Million)

Figure 10.        Flexographic Ink Market Revenue Share, by Resin Type (2019 and 2027)

Figure 11.        Polyamides Resin: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 12.        Nitrocellulose: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.        Polyurethane: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        Acrylic Resins: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        Others: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        Flexographic Ink Market Revenue Share, by Technology (2019 and 2027)

Figure 17.        Water-Based Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Solvent Based Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        UV-Curable Technology: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Flexographic Ink Market Revenue Share, by Application (2019 and 2027)

Figure 21.        Flexible Packaging: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Rigid Packaging: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Folding Cartons: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        Tags and Labels: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 25.        Paper and Board Printing: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 26.        Sheet Fed Printing: Flexographic Ink Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 27.        South East Asia: Flexographic Inks Market Revenue Share, by Key Country (2019 and 2027)

Figure 28.        Malaysia: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Singapore: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Thailand: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Vietnam: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Rest of South East Asia: Flexographic Inks Market –Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in SEA Country Markets

 

The List of Companies - Southeast Asia Flexographic Ink Market

  1. Nazdar Ink Technologiesglob
  2. DIC Corporation
  3. Toyo Ink SC Holdings Co. Ltd
  4. Sakanta Inx Corporation
  5. T & K Toka Co. Ltd
  6. SiegwerkDruckfarben AG & Co. KGaA
  7. Swan Coatings (M) Sdn. Bhd

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Southeast Asia Flexographic Ink market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Related Tags South East Asia Flexographic Ink Market

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