Flexographic Inks Market Forecast 2022 – 2027

Flexographic inks market size is forecast to reach US$13.2 billion by 2027, after growing at a CAGR of 5.2% during 2022-2027. Flexographic ink is a type of ink that is transferred through the flexography process and is commonly used in the printing of packaging. Flexographic ink majorly utilizes the latest LED technology with resins such as polyamide resins, acrylic polymer, and more because when compared with traditional vacuum distillation technology, it decreases maintenance cost, reduces wastages, and more. This results in reducing the final cost of the flexographic ink. The flexographic inks industry is primarily driven by the growth of the packaging application across various industries such as food and beverage, pharmaceuticals, and more such industries, this is ultimately benefiting the flexographic inks market growth.