Press release
North America Flexographic Printing Market 2021 to Witness Stunning Growth-Barry-Wehmiller, Mark Andy, MPS Systems North America Inc
North America Flexographic Printing Market by Component, Application, Services, and Region- Forecast to 2026The Global North America Flexographic Printing Market Research Report 2021-2026 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the North America Flexographic Printing business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the North America Flexographic Printing worth chain and its wholesaler examination. North America Flexographic Printing Market study gives extensive information which upgrades the agreement, degree, and use of this report.
The North America flexographic printing market registered a CAGR of 5% over the forecast period 2021-2026.
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Top Leading Companies of North America Flexographic Printing Market are Barry-Wehmiller, Mark Andy, MPS Systems North America Inc., Flint Group, Uteco North America, Heidelberger Druckmaschinen, Koenig & Bauer, BOBST, and others.
Industry News And Updates on North America Flexographic Printing Market-
Corrugated Packaging is Expected to Grow Significantly in Forecast Period
-Corrugated boxes have gained rapid attention due to the growing demand for environment-friendly packaging and growth of the e-commerce industry in the United States and Canada. According to United States Bureau report, the corrugated box industry grew at an average annual rate of 1%.
-Corrugated packaging offers optimum protection at low cost and hence widely used as a secondary packaging solution to pack a variety of products in different end-use industries. Moreover, the growing popularity of online shopping and rising online platforms in North America are fueling the market. According to the United States Department of Commerce report, consumers spent USD 601.75 billion in online shopping with U.S. merchants in 2019 and registered a growth rate of 14.9% from USD 523.64 billion in 2018.
Key Market Trends North America Flexographic Printing Market-
Flexible Packaging is Expected to Witness Significant Growth
-Changing consumer lifestyles and the increasing demand for snack products are driving the demand for packaged food products that offer an extended shelf life and sterility to food and convenience to the end consumers. Food products purchased through retail outlets need to be packaged in attractive, convenient, and lightweight boxes to minimize efforts required by consumers while carrying them as well as to maintain freshness.
-The rising inclination is toward innovative, sustainable, and environment-friendly printing and packaging solutions in the food and cosmetic sector of North America to convey information about the products identity in the most reliable way.
Competitive Landscape On North America Flexographic Printing Market-
February 2020 - Barry-Wehmiller, which manufactures and supports automated label-application systems, announced the opening of an innovation and manufacturing center in Irlam, Greater Manchester, UK. It is a 46,000 square-foot facility that will house engineering, manufacturing, and all related support functions and service network across the EMEA region. The company aims to expand its manufacturing footprint from the United States and Canada to the United Kingdom, Mexico, France, Germany, Italy, and China.
- February 2020 - Flint Group has launched the newest addition to its Catena product family, the Catena-W, for Washer, and Catena-DL, for dryer light finisher, that follows Flint Groups promise of delivering solutions which are better, faster, and easier to use.
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Reasons for purchasing this Report-
-The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored North America Flexographic Printing in to ultimately get accurate results.
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-Customer Satisfaction: Our team of research analysts will accommodate all your North America Flexographic Printing research needs and customize the report accordingly.
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