Flexographic Printing Machine Market to Reach $0.95 Billion by 2029 | Key Drivers and Future Outlook
Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
What Is the Growth Rate of the Flexographic Printing Machine Market?
The market for flexographic printing machines has witnessed significant growth lately. Its size is set to increase from $0.72 billion in 2024 to $0.77 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.9%. Factors contributing to the growth during the historic period include improvements in printing technology, cost efficiency, a surge in packaging demand, attention towards environmental issues, globalization, and market broadening.
What Growth Rate Is Forecasted for the Flexographic Printing Machine Market by 2029?
Projected expansion in the flexographic printing machine market in the coming years is anticipated to be strong, with its worth rising to $0.95 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The anticipated growth during this forecast period can be credited to the integration of digitalization and Industry 4.0, increasing demands for customization and personalization, initiatives towards sustainability, and the rise of emerging markets. The forecast period will likely witness significant trends like hybrid printing solutions, advanced automation and robotics, a heightened focus on operational efficiency, broadening of applications, evolution of sustainable inks and substrates, and the integration of the Internet of Things (IoT) and connectivity.
Download The Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14718&type=smp
Which Key Companies Are Shaping the Future of the Flexographic Printing Machine Market?
Major companies operating in the flexographic printing machine market are Bobst Group SA, Star Flex International, Shanghai Printyoung International Industry Co., Ltd., Wenzhou Daba Machinery Co., Ltd., BFM S.r.l., Paper Converting Machine Company (PCMC), Koenig & Bauer Flexotecnica S.p.A., UTECO Converting S.p.A., Comexi Group Industries S.A.U., Mark Andy Inc., MGI Digital Graphic Technology S.A., Nilpeter A/S, Rotatek S.A., Karlville Development LLC, Edale Limited, OMET S.r.l., Labelmen Machinery Co., Ltd., Polygraph Limited, Advanced Vision Technology Ltd. (AVT), ETI Converting Equipment Inc., MBO Postpress Solutions GmbH, SPS Technoscreen Ltd., TRESU Group, Orthotec LLC, Pamarco Global Graphics
Which Factors Are Driving Demand in the Flexographic Printing Machine Industry?
The expansion of the packaging sector is anticipated to thrust the flexographic machines market’s growth. Packaging involves the creation, production, and distribution of materials and containers to protect, encase, and ship goods to buyers. The rapid increase of e-commerce, evolving consumer tastes, and health and safety concerns are driving the growth of the packaging industry. Flexographic machines can print on a variety of packaging materials like paper, cardboard, plastic films, and flexible packaging materials. For instance, as reported by the Flexible Packaging Association (FPA), a U.S. industry association that represents manufacturers and suppliers in the flexible packaging industry. In the year 2022, the American flexible packaging industry recorded sales of $41.5 billion, an increase from the previous year’s $39 billion. Thus, the burgeoning packaging industry is stimulating the flexographic machines market’s growth.
Request For A Customized Report:
https://www.thebusinessresearchcompany.com/customise?id=14718&type=smp
How Is the Flexographic Printing Machine Market Segmented by Several Divisions?
The flexographic printing machine market covered in this report is segmented –
1) By Type: Stack Press, In-line Press, Unit Common Impression Cylinder Press, Other Types
2) By Technology: Semi-Automatic, Automatic
3) By Printable Substance: Polyethylene, Papers, Other Printable substances
4) By Application: Labels, Packaging, Print Media, Other Applications
Subsegments:
1) By Stack Press: Small-Format Stack Press, Large-Format Stack Press
2) By In-line Press: Narrow-Web In-Line Press, Wide-Web In-Line Press
3) By Unit Common Impression Cylinder Press: Single Unit Press, Multi-Unit Press
4) By Other Types: Ci (Central Impression) Press, Hybrid Flexo Press
What are the Emerging Market Trends Driving the Growth of the Flexographic Printing Machine Industry?
Key players in the flexographic printing machine market are concentrating on the advancement of Flat-top dot technology, including the nyloflex FTV Digital plate, to bolster their market standing. This technology employs a printing approach that delivers even and consistent ink dots on a flat, even surface, thereby boosting print detail and quality. In March 2023, for example, the flexographic printing industry specialist XSYS, a US-based firm, introduced the nyloflex FTV Digital plate for premium flexible packaging. This product, equipped with innate flat-top dot technology and a smooth-plate surface, is ideal for flexographic printing on film substrates using solvent inks. It boasts superior print quality with fine highlight dots, which are suitable for standard bank and LED exposure. The innovative formulation curtails plate swelling, leading to less waste and increased press longevity. It attains high consistency and repeatability, is appropriate for supplementary surface screenings, and supports ThermoFlexX Woodpecker patterns and LED UV-A light technology.
Access The Full Report Here:
https://www.thebusinessresearchcompany.com/report/flexographic-printing-machine-global-market-report
Which Regions Are Driving Growth in the Flexographic Printing Machine Market?
Asia-Pacifica was the largest region in the flexographic printing machine market in 2024 The regions covered in the flexographic printing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase The Full Report Today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14718
This Report Delivers Insight On:
1. How big is the flexographic printing machine market, and how is it changing globally?
2. Who are the major companies in the flexographic printing machine market, and how are they performing?
3. What are the key opportunities and risks in the flexographic printing machine market right now?
4. Which products or customer segments are growing the most in the flexographic printing machine market?
5. What factors are helping or slowing down the growth of the flexographic printing machine market?
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Europe +44 7882 955267
Asia & Others +44 7882 955267 & +91 8897263534
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model