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Flexographic Printing Market 2022 : Trends, Business Growth And Major Driving Factors | Star Flex International, Rotatek, MPS Systems B.V., Aim Machintechnik Pvt. Ltd., R. K. Label Printing Machinery Private Limited
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The global flexographic printing market report by the business research company identifies increasing demand for packaged food products to be a major growth driver for the flexographic printing market. The packaged food products are foodstuff pre-packaged in the packaging to offer shelf life and sterility to food unless the packaging is damaged or opened. The growing demand for packaged food goods necessitates the use of flexographic printing to provide packaging that is convenient, attractive, cost-effective, and lightweight. On the label packaging, flexographic printing aids in the effective marketing of food goods and information about them. For instance, in 2021, the Food Industry Association (FMI) estimated that the packaged food and beverages online sales could reach $109 billion. Therefore, the increasing demand for packaged food products is driving the growth of the flexographic printing market.
The global flexographic printing market is expected to grow from $153.98 billion in 2021 to $160.4 billion in 2022 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The flexographic printing market is expected to grow to $186.57 billion in 2026 at a CAGR of 3.9%.
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Asia Pacific was the largest region in the flexographic printing market in 2021. The regions covered in the flexographic printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the flexographic printing market are Star Flex International, Rotatek, MPS Systems B.V., Aim Machintechnik Pvt. Ltd., R. K. Label Printing Machinery Private Limited, Polygraph Limited, Shanghai Printyoung International Industry Co. Ltd., Wolverine Flexographic LLC, Edale, Shanghai Liu Xiang General Equipments Co. Ltd., KOMORI Corporation, Nilpeter A/S, Westrock Company, Windmoeller & Hoelscher Corporation, and Orient Sogyo Co. Ltd.
The global flexographic printing market is segmented -
1) By Printing Equipment: Narrow Web, Medium Web, Sheet Fed
2) By Technology: Automatic, Semi-Automatic
3) By Application: Corrugated Boxes, Folding Carton, Flexible Packaging, Labels, Print Media
4) By End User Industry: Industrial, Print Media, Food And Beverage, Consumer Electronics, Pharmaceutical, Others
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The Flexographic Printing Market Report Contents Include
1. Executive Summary
2. Flexographic Printing Market Characteristics
3. Flexographic Printing Market Trends And Strategies
4. Flexographic Printing Market - Macro Economic Scenario
5. Flexographic Printing Market Size And Growth
....
26. Africa Flexographic Printing Market
27. Flexographic Printing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flexographic Printing Market
29. Flexographic Printing Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Flexographic Printing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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