Flexo Printing Inks Market To Grow At CAGR Of 4.71% The global flexographic printing inks market will grow at a Compound Annual Growth Rate of 4.71 percent during the period 2017-2021, according to a new report from Technavio entitled Global Flexo- graphic Printing Inks Market 2017-2021 . Driven By Demand According to the report, one driver in the market is high demand from the packaging industry. The growth of the packaging industry contributes to the increased demand for flexible packaging. Due to the thriving consumer goods industry and technological advances in the packaging industry, the global packaging market is expected to reach $1.12 trillion by 2021 from $897 billion in 2016, growing at a CAGR of 4.56 percent. The growth of the global packaging industry had a significant impact on the development and expan- sion of the global packaging inks market; especially, the waterborne flexographic printing inks. The report states that one challenge in the market is volatility in raw material prices.
TESTED–AND PROVEN–PERFORMANCE EXPERTISE YOU CAN COUNT ON
PERISTALTIC PUMP Model PQS With Quick Change Head Change colors in seconds without any tools .
BOOTH SEE US AT INFOFLEX
Maximize productivity with products that are engineered to minimize downtime and serviceability. Our solutions are always tested to ensure they perform as expected. And we even allow you to try before you buy. Ask us how.
1-888-472-9645 • Graymills.com
Flexo Market News August 21, 2017 3
www.nvpublications.com
Made with FlippingBook Learn more on our blog