South Africa Printing Inks Market: Stability of Printing Industry Threatened by Rising Shift Toward Digital Media, Notes Tmr

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Printing Inks Market - South Africa Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

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10-Oct-2016

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South Africa Printing Inks Market: Stability of Printing

Industry Threatened by Rising Shift toward Digital Media,

notes TMR

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Printing Inks Market

REPORT DESCRIPTION

Printing Inks Market - South Africa Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

The printing inks market in South Africa is highly fragmented and the top six companies cumulatively

accounted for more than 60% in 2015. These companies are New Africa Inks (Pty) Limited, Constantia Printing

Inks, Hi-Tech Inks (Pty) Ltd., Flint Group South Africa Ltd., Hostmann-Steinberg South Africa (Pty) Ltd., and

NUtec Digital Ink (Pty) Ltd. Transparency Market Research finds that the penetration of global players is likely

to create stiff competition for the domestic players in the printing inks market in South Africa.

The printing inks market is moderately fragmented and is not dominated by any single manufacturer. Existing

players are constantly developing new products to expand their consumer base. For instance, in August 2016,

Flint Group Flexible Packaging launched VarioLam AB LEC. This range of multi-functional polyurethane-based

(PU-based) inks are known to withstand the moisture, heat, and pressure of the retort process, provide an

extended shelf life, and ensure the safety of the contents.

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The South Africa printing inks market was valued at US$85.89 mn in 2015 and is estimated to reach

US$155.13 mn by 2024, expanding at a CAGR of 6.9% therein.

Offset Printing Offering Strong...