Product Code: 12804
Market Overview
The estimated value of the global flexographic printing market in 2023 is USD 8,697.8 million and is expected to reach USD 11,581.4 million by 2030, with a projected Compound Annual Growth Rate (CAGR) of 4.3% during the period from 2024 to 2030. This can be credited to the development in the sale of consumer goods, thus the growing need for packing and printing solutions.
The serviceability of the printing machine keeps it a favorite in medium-to-long-run printing tasks. Each consumer product must be marked with a label that can be either placed manually or by a machine. Similarly, self-adhesive labels might be impressionable in the corporate environment as well. Flexographic printing ensures the swiftness of medium-to-large adhesive label prints and therefore, it will be one of the best options for businesses.
The fast-growing hybrid flexor-digital label printing solutions are a key aspect in the market's growth of this flexographic printing machine. Thus, such solutions utilize the benefits of digital technologies along with flexographic printing at the same time.
In flexography, it is possible to impart metallic, primer, cold foil, and spot colors but digital printing technology is more convenient because it can print various versions and colors in one pass. That is why hybrid flexo-digital label print jobs increase throughput while maintaining the quality of the product.
Key Insights
The corrugated packaging category is dominating the flexographic printing industry, griping the largest share.
The category is also projected to experience a 4.2% CAGR over the projection period.
Flexographic printing tech permits for simple generation of texts, labels, and graphics on brown corrugated boxes mainly utilized for storing and shipping items.
Manufacturers and retailers' advantage of flexographic printing by directly printing product details, brand elements, barcodes, logos, and other pertinent info onto the packaging.
Flexographic printing is beneficial for printing on rolls of flexible, non-rigid materials like plastic and paper bags.
The technology is particularly fitting for industries that need these two kinds of bags because they look good and work well.
Flexible packaging will be the fastest-growing area of the market over the forecast period since it has numerous benefits associated with sustainability, preservation, and convenience.
This cuts down the material utilization in comparison to traditional packaging and at the same time, it is light in weight which in turn reduces the transportation costs. It also keeps the food products protected from oxygen and moisture and thereby increases the freshness and shelf life.
Folding cartons are projected to advance at a rate of 4.4% CAGR over the projection period because of their light-in-weight nature, which is propelling augmented demand.
The increasing usage of wrapped items, propelled by changing lifestyles and eating habits, is a key reason driving the use of flexographic printing on folding cartons for food packaging.
The Asia-Pacific region is projected to dominate the industry with a 45% share over the projection period.
Developing nations such as India, China, Thailand, Indonesia, and Vietnam are propelling industry development because of the increasing need for commercial printing.
The fast development of the e-commerce industry in the continent is another key booster for the augmented use of flexographic printing.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by application
- 1.4.2. Market size breakdown, by method
- 1.4.3. Market size breakdown, by offering
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Application (2017-2030)
- 6.3. Market Revenue, by Method (2017-2030)
- 6.4. Market Revenue, by Offering (2017-2030)
- 6.4.1. Printing machines market revenue, by type (2017-2030)
- 6.4.2. Printing inks market revenue, by type (2017-2030)
- 6.5. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Application (2017-2030)
- 7.3. Market Revenue, by Method (2017-2030)
- 7.4. Market Revenue, by Offering (2017-2030)
- 7.4.1. Printing machines market revenue, by type (2017-2030)
- 7.4.2. Printing inks market revenue, by type (2017-2030)
- 7.5. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Application (2017-2030)
- 8.3. Market Revenue, by Method (2017-2030)
- 8.4. Market Revenue, by Offering (2017-2030)
- 8.4.1. Printing machines market revenue, by type (2017-2030)
- 8.4.2. Printing inks market revenue, by type (2017-2030)
- 8.5. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Application (2017-2030)
- 9.3. Market Revenue, by Method (2017-2030)
- 9.4. Market Revenue, by Offering (2017-2030)
- 9.4.1. Printing machines market revenue, by type (2017-2030)
- 9.4.2. Printing inks market revenue, by type (2017-2030)
- 9.5. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Application (2017-2030)
- 10.3. Market Revenue, by Method (2017-2030)
- 10.4. Market Revenue, by Offering (2017-2030)
- 10.4.1. Printing machines market revenue, by type (2017-2030)
- 10.4.2. Printing inks market revenue, by type (2017-2030)
- 10.5. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Application (2017-2030)
- 11.3. Market Revenue, by Method (2017-2030)
- 11.4. Market Revenue, by Offering (2017-2030)
- 11.4.1. Printing machines market revenue, by type (2017-2030)
- 11.4.2. Printing inks market revenue, by type (2017-2030)
- 11.5. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Application (2017-2030)
- 12.3. Market Revenue, by Method (2017-2030)
- 12.4. Market Revenue, by Offering (2017-2030)
- 12.4.1. Printing machines market revenue, by type (2017-2030)
- 12.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Application (2017-2030)
- 13.3. Market Revenue, by Method (2017-2030)
- 13.4. Market Revenue, by Offering (2017-2030)
- 13.4.1. Printing machines market revenue, by type (2017-2030)
- 13.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Application (2017-2030)
- 14.3. Market Revenue, by Method (2017-2030)
- 14.4. Market Revenue, by Offering (2017-2030)
- 14.4.1. Printing machines market revenue, by type (2017-2030)
- 14.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Application (2017-2030)
- 15.3. Market Revenue, by Method (2017-2030)
- 15.4. Market Revenue, by Offering (2017-2030)
- 15.4.1. Printing machines market revenue, by type (2017-2030)
- 15.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Application (2017-2030)
- 16.3. Market Revenue, by Method (2017-2030)
- 16.4. Market Revenue, by Offering (2017-2030)
- 16.4.1. Printing machines market revenue, by type (2017-2030)
- 16.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Application (2017-2030)
- 17.3. Market Revenue, by Method (2017-2030)
- 17.4. Market Revenue, by Offering (2017-2030)
- 17.4.1. Printing machines market revenue, by type (2017-2030)
- 17.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Application (2017-2030)
- 18.3. Market Revenue, by Method (2017-2030)
- 18.4. Market Revenue, by Offering (2017-2030)
- 18.4.1. Printing machines market revenue, by type (2017-2030)
- 18.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Application (2017-2030)
- 19.3. Market Revenue, by Method (2017-2030)
- 19.4. Market Revenue, by Offering (2017-2030)
- 19.4.1. Printing machines market revenue, by type (2017-2030)
- 19.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Application (2017-2030)
- 20.3. Market Revenue, by Method (2017-2030)
- 20.4. Market Revenue, by Offering (2017-2030)
- 20.4.1. Printing machines market revenue, by type (2017-2030)
- 20.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Application (2017-2030)
- 21.3. Market Revenue, by Method (2017-2030)
- 21.4. Market Revenue, by Offering (2017-2030)
- 21.4.1. Printing machines market revenue, by type (2017-2030)
- 21.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Application (2017-2030)
- 22.3. Market Revenue, by Method (2017-2030)
- 22.4. Market Revenue, by Offering (2017-2030)
- 22.4.1. Printing machines market revenue, by type (2017-2030)
- 22.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Application (2017-2030)
- 23.3. Market Revenue, by Method (2017-2030)
- 23.4. Market Revenue, by Offering (2017-2030)
- 23.4.1. Printing machines market revenue, by type (2017-2030)
- 23.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Application (2017-2030)
- 24.3. Market Revenue, by Method (2017-2030)
- 24.4. Market Revenue, by Offering (2017-2030)
- 24.4.1. Printing machines market revenue, by type (2017-2030)
- 24.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Application (2017-2030)
- 25.3. Market Revenue, by Method (2017-2030)
- 25.4. Market Revenue, by Offering (2017-2030)
- 25.4.1. Printing machines market revenue, by type (2017-2030)
- 25.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Application (2017-2030)
- 26.3. Market Revenue, by Method (2017-2030)
- 26.4. Market Revenue, by Offering (2017-2030)
- 26.4.1. Printing machines market revenue, by type (2017-2030)
- 26.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Application (2017-2030)
- 27.3. Market Revenue, by Method (2017-2030)
- 27.4. Market Revenue, by Offering (2017-2030)
- 27.4.1. Printing machines market revenue, by type (2017-2030)
- 27.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Application (2017-2030)
- 28.3. Market Revenue, by Method (2017-2030)
- 28.4. Market Revenue, by Offering (2017-2030)
- 28.4.1. Printing machines market revenue, by type (2017-2030)
- 28.4.2. Printing inks market revenue, by type (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Bobst Group SA
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Mark Andy Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Nilpeter A/S
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Amcor Plc
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Windmoller & Holscher
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Polygraph Limited
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. MPS Systems B.V.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Aim Machinetechnik Pvt. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Koenig & Bauer AG
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports