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Reactive ink Market Type (UV Fluorescent Inks, Thermochromatic Inks, Optically Variable Inks, Humidity Sensitive Inks, Infrared Fluorescent Inks, Pressure Sensitive Inks, Others) Application (Banknotes, Official Identity Documents, Tax Banderoles, Security Labels) Distribution Channel (Retail Stores, Supermarkets, Online Stores) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A07937
Pages: NA
Feb 2021 | 204 Views
 
Author(s) : NA
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Charts: NA
 

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Reactive ink is a permanent ink made from highly colored organic substances and is preferably used for printing on textiles such as cotton, rayon, cellulose, viscose, linen, and silk and other fibers at the printing studios or home. These inks have high demand in the textile printing market due to the coloration and fastness properties. In addition, to achieve high color fastness and speed up the process some printing studios use steam or cooking fixing, which reduces the time to cut off ink hydrolysis. Moreover, the reactive inks reduce wastage of time and are a cleaner, safer, and environmentally friendly alternative to other traditional inks. The industry has been continuously innovating new ink for the printing process which can provide more technically and attractive inks at an economical price. 

Market scope and structure analysis:

                  Report Metric

                                            Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, Application, Distribution Channel, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Collins, Cronite, Villiger, Gans, Kodak, Godo, Shojudo, Mingbo, Pingwei, Letong Ink, Jinpin, Wancheng

 

COVID-19 Scenario Analysis: 

  • The reactive ink production has been affected due to the shutdown of chemical factories and plants due to widespread COVID-19 cases. 
  • The market is expected to experience growth once the lockdown lifts at several places and the government orders the manufacturers to start production.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Surge in the application by textile industry & rise in the demand of printed textiles by all the segments are increasing demand for reactive ink in the market. Moreover, the demand for customizable t-shirt and dresses for different occasion and events which needs to be printed at a short interval of time and increase in demand for flexible packaging are the factors that drive the global digital printing and reactive ink market. However, major constrains of the market include rise in prices of raw materials and different rules and regulations laid down by the government for safe printing and use of reactive ink. The major innovations are related to reactive inks that dry down faster and are eco-friendly. 

The global reactive ink market trends are as follows:

Growth in demand for printing flexible packaging

There has been a rise in demand from the packaging industry for flexographic printing ink as the packaging industry is moving toward developing attractive packaging with vibrant colors and appealing quotes. The rise in demand from packaging industry has increased the reactive ink manufacturers to develop new varieties of ink that sustain the flexible packaging and can be used on other surfaces like pouches, tags and labels, flexible packaging, folding cartons liners, bags, and wraps utilizing paper, plastic, film, aluminum foil, metalized or coated paper or film.  

Increase in Demand from Emerging Market of Asia-Pacific

With the growth in the demand for customizable products and packaging in Asia-Pacific countries, the modern companies of the emerging economies are demanding attractive and premium textile packaging to change the buyer’s behavior toward the product and customize their products for every consumer. The emerging economies like India, China, and Indonesia with other countries like Japan and South Korea having vast populations the demand for textiles and prints also diversifies which increases the demand for reactive ink from the manufacturer.

Key Segments Covered:

              Segments

                                Sub-segments

  Type

  • UV Fluorescent Inks
  • Thermochromatic Inks
  • Optically Variable Inks
  • Humidity Sensitive Inks
  • Infrared Fluorescent Inks
  • Pressure Sensitive Inks
  • Others

  Application

  • Banknotes
  • Official Identity Documents
  • Tax Banderoles
  • Security Labels

  Distribution Channel

  • Retail Stores
  • Supermarkets
  • Online Stores

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global reactive ink industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global reactive ink market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global reactive ink market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global reactive ink market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Reactive ink Market Research Report:

  • What are the leading market players active in the reactive ink market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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