中东印刷油墨市场份额,大小,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, Segments & Forecast, 2019 – 2026

Report Summary

The Middle East printing inks market size was valued at USD 2,175.6 million in 2018 and is anticipated to grow at a CAGR of 4.5% during the forecast period. The region can be considered to have been offering dynamic potential opportunities for printing ink manufacturers and suppliers, owing to driving product demand form a wide range of application segments.

The expansion of the print industry in the region against a more static backdrop of the global industry growing at an annual growth rate of over 2%, which is considered as relatively lower annual growth. This has opened up opportunities for the Middle East region as an attractive target market for printing industry growth in the near future and higher market penetration for the multinational companies.

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Demand for printing inks from the packaging segment is the primary factor driving its market growth in the present Middle East industry space. However, there exist certain variations within the transition to a modern wester style consumer models with packaging of any product/goods is at different stages in different nations in the region. For instance, in countries such as Saudi Arabia and Israel certain trends might have been obsolete, but in other countries such as Yemen similar trends for packaging prints might be in an early stage. However, in Turkey and UAE, same trends are in relatively developed stage.

Factors such as growth from end-use industries including flexible packaging & labels, corrugated cardboards, commercial printing, folding cartons and others have majorly driven this market. The latest trends witnessed by this industry include, rising significance of flexographic and digital inks, food-safe printing inks and shift in consumer preference towards printing inks which are environment friendly. Rise in consumer spending pattern, increasing demand for best quality flexible packaging is expected to positively affect the overall demand of the printing inks globally.

Segment Analysis

The report segments the regional industry into four different levels that includes resin types, process, application segments and country markets. Among all the resins, acrylic was the largest segment in 2018. Acrylic resins have gained importance demand during the previous years due to its high uniformity and consistency. In addition, raw materials pricing for acrylic resins for the past few years has made their use very cost-effective. It is the largest consumed resin type in the industry.

Flexography is a type of printing procedure that uses a flexible relief plate. It is a method that can be used for printing on any type of substrate such as metallic films, paper, plastic, and cellophane. The applications of the flexographic product include high press speeds, uses relatively low-cost consumables, prints on a wide variety of substrate materials, and uses cost equipment that necessitates less maintenance.

Packaging industry was the largest application segment in 2018. Flexible packaging is the new trend in the developing packaging industry of the Middle East region.

Middle East Printing Inks Market Scope

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 Turkey Iran Rest of ME

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The industry is consolidated with the presence of large number of local players and moderate number of multinationals operating mainly in the developed economies such as Saudi Arabia, UAE, Turkey, Iran and Israel. This market is characterized by well establishes brands, differentiated products and high profit margins by the world majors. The major restraining factor of the market includes the stringent regulatory framework for the manufacturers.

Apart from these, there are several other geopolitical issues indirectly related to the printing inks or the printing industry of the region. The Middle East is a region of oil rich countries that also live next to resource-scare nations in relation to their large population.

原油价格和遗留的e economic policies has defined the region’s economy. But, the recent dramatic fluctuations in the crude oil prices have put an increasing pressure on the nations to diversify their economies.

In a result of direct effect of the governments’ diversifications initiatives, the printing and also the publishing sector in the region has witnessed an increasing invest for the past few years. New machineries are being imported from the western world and are replacing the old machineries that has limited capacity and were in use for the last years. And with the initiation of new technologies, the automation process is expanding at it best in the present industry scenario.

The new growth of the print industry offers attractive opportunities for printers, its raw materials including printing inks, material suppliers and also the print equipment suppliers. However, along with these new trends in the regional market, instability in many of the nations such as Yemen, Syria, Afghanistan etc. has created a negative impact simultaneously. However, the fast growing and developed economies of UAE, Saudi Arabia, Oman and Turkey will augment substantial demand for printing inks over the forecast period.

Country Analysis

The report includes all of the major country markets such as Saudi Arabia, UAE, Egypt, Morocco, Qatar, Kuwait, Oman, Bahrain and the rest of the Middle East countries. Saudi Arabia is the fastest and largest growing packaging market in the Middle East. It accounts for approximately 72% of the overall packaging market in GCC countries.

The primary driving factors for the growth of the packaging industry in the country include the highly developed petrochemical industry. It offers most of the polymers that are used in packing industry. The country is host to the highest number of food processing companies in the region and has the largest young growing population.

Competitive Analysis

Some of the leading industry participants in the region include DSM, DuPont, Ashland Inc., Flint Group, Sun Chemical, Toyo Ink, United Ink Production Co., Ltd, Ink Products Company Limited, Zeller+Gmelin GmbH & Co. KG, T&K Toka.