Water Based Inks Market: By Process (Flexographic, Gravure, and Others), By Resin Type (Shellac, Maleic, Acrylic, and Others), By Application (Corrugated cardboards, Flexible packaging, Folding cartons, Tags & Labels, and Others) and by Geography  

water based inks market size valued USD 10.06 billion in 2022 and is expected to reach USD 12.14 million by 2029, at a CAGR of 4% from 2023-2029. Growing demand for printing inks from the flexible packaging, increase in environment & safety issues, rising demand for environment-friendly inks and continuous product innovation such as the development of pH stable inks are some key factors fostering the market growth. However, factors such as inability to work around alkaline environment, slow drying and printing speed are hindering the market growth.  This report studies global water based inks market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global water based inks market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global water based inks market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product opportunities).  The packaging is the calling card of a product. Its the first visual and tactile impression the prospective purchaser gains in the shop. Food packaging is an immensely important segment in the packaging sector because it addresses both people's basic needs and quality-of-life issues. It provides the consumer with a range of information that can be of crucial importance to their health the degree of freshness and ripeness, colour, shelf life, ingredients and nutritional values. Water based inks have been of more and more interest to the printing and ink industry, because of their environmental benefits. Compared with solvent-based inks, water-based inks have more complex formulations because of their higher surface tensions, lower drying speed, foaming problems, pH balance, and different rheological properties.