Global Flexographic Printing Market Size, Drivers, Trends, Opportunities And Strategies – Includes Flexographic Printing Market Size
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing demand for packaged food products are expected to drive innovation in flexographic printing manufacturing, thus driving the market during the forecast period.
The global flexographic printing market is expected to grow from $5.35 billion in 2022 to $5.70 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The flexographic printing market size is expected to grow to $7.10 billion in 2027 at a CAGR of 5.6%.
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- By Printing Equipment: Narrow Web, Medium Web, Sheet Fed
- By Technology: Automatic, Semi-Automatic
- By Application: Corrugated Boxes, Folding Carton, Flexible Packaging, Labels, Print Media
- By End User Industry: Industrial, Print Media, Food And Beverage, Consumer Electronics, Pharmaceutical, Others
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global flexographic printing market in 2021.
Major Market Players in the flexographic printing market include Star Flex International, Rotatek, MPS Systems B.V., Aim Machintechnik Pvt. Ltd., R. K. Label Printing Machinery Private Limited, Polygraph Limited.
Technological advancement is a key trend gaining popularity in the flexographic printing market. Major companies operating in the flexographic printing sector are focused on developing new technological solutions to meet consumer demand and strengthen their position. For instance, MPS, a US-based company that manufactures flexo, offset, and hybrid printing presses for label converting and flexible packaging sector, launched E-Sleeve technology to improve print efficiency and quality. The technology includes pressure settings, precise concentric runout properties, increased dimensional accuracy for optimum register, and constant parallelism for the ideal register across the entire print length. The technology enables better speeds to generate results with assured quality tolerances and reliable production cost calculations.
The Flexographic Printing Global Market Report 2023 provides a flexographic printing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flexographic printing market forecast analyzes flexographic printing market size, flexographic printing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Flexographic printing is a modern printing technique that creates raised images on a variety of materials by using a flexible printing plate connected to a plate cylinder. The ink is transferred to the substrate by rotating the flexible inked plate at a high speed. Flexographic printing is used to print high volumes of labels and packaging.
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