| Product Code: ETC8841386 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely heavily on imports of flexographic inks, with top exporting countries being Japan, China, Singapore, USA, and UK. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a negative Compound Annual Growth Rate (CAGR) of -0.83% from 2020 to 2024. However, there was a positive growth rate of 4.15% from 2023 to 2024, indicating potential opportunities for the industry in the near future.

The flexographic inks market in the Philippines supports a wide range of printing applications, particularly in flexible packaging. The demand for water-based and UV-curable inks is rising due to environmental regulations and print quality requirements. Local converters and packaging firms continue to invest in advanced printing technologies to meet fast-moving consumer goods (FMCG) needs.
Flexographic inks are widely used in packaging and label printing, especially for flexible substrates. In the Philippines, this market is growing due to the rise of flexible packaging and corrugated boxes. Water-based and UV-curable inks are gaining popularity due to their lower environmental impact, aligning with the shift toward sustainable printing solutions.
This market faces the dual challenge of adapting to stricter environmental standards while maintaining print performance. Water-based and low-VOC inks are increasingly required, but not all printing operations are equipped to handle them. High import duties on specialized chemicals and inconsistent raw material quality also complicate operations.
The flexographic inks market in the Philippines is closely tied to the packaging industry. With the rise in demand for flexible packaging and labels, the market is expanding, supported by advancements in eco-friendly and UV-curable ink formulations.
The flexographic inks market in the Philippines is part of the broader printing industry. Government regulations ensure that inks used in packaging and printing meet safety standards, particularly in sectors such as food packaging. The government encourages the use of eco-friendly inks, supporting sustainability efforts by reducing the environmental impact of traditional ink formulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Flexographic Inks Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Flexographic Inks Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Flexographic Inks Market - Industry Life Cycle |
3.4 Philippines Flexographic Inks Market - Porter's Five Forces |
3.5 Philippines Flexographic Inks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Flexographic Inks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Flexographic Inks Market Revenues & Volume Share, By Resin, 2021 & 2031F |
4 Philippines Flexographic Inks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Flexographic Inks Market Trends |
6 Philippines Flexographic Inks Market, By Types |
6.1 Philippines Flexographic Inks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Flexographic Inks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Flexographic Inks Market Revenues & Volume, By Water-based, 2021- 2031F |
6.1.4 Philippines Flexographic Inks Market Revenues & Volume, By Solvent-based, 2021- 2031F |
6.1.5 Philippines Flexographic Inks Market Revenues & Volume, By UV-cured, 2021- 2031F |
6.2 Philippines Flexographic Inks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Flexographic Inks Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Philippines Flexographic Inks Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Flexographic Inks Market, By Resin |
6.3.1 Overview and Analysis |
6.3.2 Philippines Flexographic Inks Market Revenues & Volume, By Nitrocellulose, 2021- 2031F |
6.3.3 Philippines Flexographic Inks Market Revenues & Volume, By Polyamide, 2021- 2031F |
6.3.4 Philippines Flexographic Inks Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.3.5 Philippines Flexographic Inks Market Revenues & Volume, By Acrylic, 2021- 2031F |
7 Philippines Flexographic Inks Market Import-Export Trade Statistics |
7.1 Philippines Flexographic Inks Market Export to Major Countries |
7.2 Philippines Flexographic Inks Market Imports from Major Countries |
8 Philippines Flexographic Inks Market Key Performance Indicators |
9 Philippines Flexographic Inks Market - Opportunity Assessment |
9.1 Philippines Flexographic Inks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Flexographic Inks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Flexographic Inks Market Opportunity Assessment, By Resin, 2021 & 2031F |
10 Philippines Flexographic Inks Market - Competitive Landscape |
10.1 Philippines Flexographic Inks Market Revenue Share, By Companies, 2024 |
10.2 Philippines Flexographic Inks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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