Home Chemicals and Materials Middle East Printing Inks Market
middle east printing inks market

Middle East Printing Inks Market Share, Size, Trends, Industry Analysis Report By Process (Gravure, Flexographic, Lithographic, Digital), By Resin (Modified Rosin, Modified Cellulose, Acrylic, Polyurethane, Hydrocarbon, Polyamide), By Application, By Countries, Segment Forecast, 2022 - 2030

  • Published Date: Jan 2022
  • Pages: 119
  • Format: PDF
  • Report ID: PM1583
  • Base Year: 2021
  • Historical Data: 2018 - 2020

Report Summary

The Middle East printing inks market was valued at USD 2.46 billion in 2021 and is expected to grow at a CAGR of 5.5% during the forecast period. The growing need for energy-curing inks for design and printing applications is expected to drive the market of Middle East printing inks over the forecast period.

Middle East Printing Inks Market Size Know more about this report: request for sample pages

The growing demand for packaged goods due to the COVID-19 pandemic has boosted the Middle East print inks industry and is expected to grow over the forecast period. Consumers prefer packaged commodities over loose products because of their inherent security. This opens up new potential for the whole FMCG value chain, including the print inks business in the Middle East.

Market Dynamics

Growth Drivers
Resin-based printing inks are widely used for packaging applications, such as flexible packaging, which will increase the demand for ink resins, fueling the Middle East market growth. Increasing consumer worries about harmful volatile organic compound (VOC) emissions and toxic metal substances across several solvents, along with a shift in consumer desire for increased energy inks as well as a growing need for these product lines from end-use segments are expected to drive the Middle East printing inks market.

Restraints
The popularity of e-books is spreading fast worldwide, which will certainly harm the worldwide publishing business, which is another big user of printer inks. The use of paper for printing has started to drop, which in turn is expected to continue over the forecast period. As a result, these aspects are expected to hinder product development in the Middle East over the forecast period.

Report Segmentation

The market is segmented on the basis of resin type, process, application, and region.

By Resin Type

By Process

By Application

By Region

  • Modified Rosin
  • Modified Cellulose
  • Acrylic
  • Polyurethane
  • Hydrocarbon
  • Polyamide
  • Others
  • Gravure
  • Flexographic
  • Lithographic
  • Digital
  • Others
  • Packaging
  • Corrugated cardboards
  • Folding cartons
  • Tags & Labels
  • Others
  • Middle East
    • UAE
    • Saudi Arabia
    • Egypt
    • Morocco
    • Qatar
    • Kuwait
    • Oman
    • Bahrain

Know more about this report: request for sample pages

Insight by Resin Type

Acrylic resin type segment is expected to dominate the market over the forecast period due to its properties such as flexibility and cost-effective design. Moreover, the faster recovery properties of acrylic are also expected to fuel the product demand in the Middle East over the forecast period.

Acrylic resin coverings are plastic or thermoplastic resin films, or acrylic radiative coatings, that are created by crosslinking acrylic resin with primary bodies including styrene, methyl acrylate, as well as other acrylic acids. As a result, acrylic has strong heat and water durability, better light and color stability, and is cheap to repaint and repair. Polyamide resins type is expected to grow at a considerable pace over the forecast period due to increasing demand for packaged materials owing to the growing tourism industry as polyamide resins are used for flexible packaging.

Insight by Process

Flexographic process segment is expected to grow at a significant pace over the forecast period owing to its wide applications. Flexo print inks allow prints upon a range of materials at a low cost. It is designed to print strong cardboard boxes, paper bundles, folded cartons, plastic bags, dairy and beverages boxes, disposable utensils and cartons, labels, bonding adhesives, postcards, newsprint, and local supermarket packaging.

Gravure prints process is expected to grow at a steady pace over the forecast period as these are used for high-end applications, including cartons, catalogs, newspapers supplements, along magazines. Increasing demand from these applications is expected to increase the demand for gravure prints over the forecast period.

Insight by Application

Packaging application segment is expected to hold the majority of the Middle East printing inks market shares over the forecast period due to increasing applications in digital prints along with the boom in online retail. Furthermore, the increasing demand for bio-degradable products and the growing middle-class income population are expected to fuel the segment demand.

Geographic Overview

Saudi Arabia dominated the Middle East printing inks market in 2021 and is expected to maintain its dominance over the forecast period. Increasing demand for packaging ink from the food & beverage industry, along with the presence of broad food & beverage companies in the country, is expected to fuel the country's growth over the forecast period.

Competitive Insights

Some of the major players operating in the Middle East printing inks market include ALTANA AG, Ashland Inc., Dainichiseika Color & Chemicals Mfg.Co.,Ltd, DIC Corporation, DSM, DuPont, Flint Group, Huber Group, Ink Products Company Limited, Royal Dutch Printing Ink Factories Van Son, Sakata INX, Siegwerk Druckfarben AG & Co. KGaA, Sun Chemical, T&K Toka, TOKYO PRINTING INK MFG Co Ltd, United Ink Production Co., Ltd, Wikoff Color Corporation, and Zeller+Gmelin GmbH & Co. KG.

These companies are investing in research & development to introduce advanced technology products and are adopting strategies such as mergers & acquisitions, along with partnerships & collaborations in order to increase their market presence and to expand their customer base. For instance, in May 2021, Paper Excellence, a worldwide producer of pulp and prints, writing, specialty, and packing papers, paid about (US)$3 billion for Domtar, North America's biggest integrated manufacturer of uncoated free-sheet paper.

Middle East Printing Inks Market Report Scope

Report Attributes

Details

Market size value in 2021

USD 2.46 billion

Revenue forecast in 2029

USD 3.96 billion

CAGR

5.5% from 2022 - 2030

Base year

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2022 to 2030

Segments covered

By Resin Type, By Process, By Application, By Region

Country scope

Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, Morocco, Egypt

Key Companies

ALTANA AG, Ashland Inc., Dainichiseika Color & Chemicals Mfg.Co.,Ltd, DIC Corporation, DSM, DuPont, Flint Group, Huber Group, Ink Products Company Limited, Royal Dutch Printing Ink Factories Van Son, Sakata INX, Siegwerk Druckfarben AG & Co. KGaA, Sun Chemical, T&K Toka, TOKYO PRINTING INK MFG Co Ltd, United Ink Production Co., Ltd, Wikoff Color Corporation, and Zeller+Gmelin GmbH & Co. KG.

 

Key Take-Away
Polaris Market Research
Middle East Printing Inks Market Size Report, 2022 - 2030