The Middle East printing inks market size is expected to reach USD 3.96 billion by 2030 according to a new study by Polaris Market Research. The report “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 (Packaging, Corrugated Cardboards, Folding Cartons, Tags & Labels), By Countries, Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rise in consumer buying patterns along with increasing demand for high-quality flexible packaging is expected to positively influence the product demand over the forecast period. Furthermore, the region’s packaging sector has profited from the region’s expanding population pressure, which has boosted the packaged food sector. Moreover, increasing urban population will lead to modernized retail marketplaces, which in turn will increase the demand for packed products rather than loose, driving the Middle East print inks industry growth.
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UAE s expected to grow at a significant pace over the forecast period after Saudi Arabia. inks suppliers in the UAE offer a diverse range of packaging alternatives for various industrial sectors, such as food-grade options, drug companies, non-transfer, extreme heat-protective, and deteriorate resistant alternatives for various specific applications. Increasing demand for these applications is expected to boost the demand in UAE over the forecast period.
Some of the major players operating in the industry include Ashland Inc., ALTANA AG, Dainichiseika Color & Chemicals Mfg.Co.,Ltd, DSM, DuPont, DIC Corporation, Flint Group, Ink Products Company Limited, Huber Group, Wikoff Color Corporation, Royal Dutch Printing Ink Factories Van Son, Siegwerk Druckfarben AG & Co. KGaA, Sakata INX, Sun Chemical, TOKYO PRINTING INK MFG Co Ltd, T&K Toka, United Ink Production Co., Ltd, and Zeller+Gmelin GmbH & Co. KG.
These industry players are adopting organic and inorganic strategies such as new product launches and mergers & acquisitions to increase their market presence and profits. For instance, In August 2019, Dupont introduced Artistri P2700, a new pigment ink under its Artistri brand. The ink was particularly developed, keeping in mind the textile applications.
Polaris Market Research has segmented the Middle East printing inks market report on the basis of resin type, process, application, and region:
Middle East Printing Inks, Resin Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Modified Rosin
- Modified Cellulose
Middle East Printing Inks, Process Outlook (Revenue – USD Billion, 2018 – 2030)
Middle East Printing Inks, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Corrugated cardboards
- Folding cartons
- Tags & Labels
Middle East Printing Inks, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- Middle East
- Saudi Arabia