Printing Plates Market Report, Size, Share, Growth, Trends, Industry Outlook, Forecast to 2033

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The new report published by The Business Research Company, titled Printing Plates Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the printing plates market size has grown strongly in recent years. It will grow from $9.29 billion in 2023 to $9.94 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The printing plates market size is expected to see strong growth in the next few years. It will grow to $13.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.

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What Is Driving The Growth Of The Global Printing Plates Market?

Growth Of The Printing Plates Market Driven By Rising Promotional And Advertising Activities
The rise in promotional and advertising activities is expected to propel the growth of the printing plates market going forward. Promotional and advertising activities refer to efforts aimed at increasing awareness, interest, and sales of products or services through various marketing strategies and communication channels. The increasing promotional and advertising activities are due to several factors, such as increasing competition, the need for brand differentiation, advances in digital marketing technologies, and a growing emphasis on reaching target audiences through multiple channels. Printing plates are used in promotional and advertising activities to create high-quality, consistent print materials such as brochures, posters, and flyers. For instance, in November 2023, according to an article published by the Advertising Association, a UK-based trade association for advertisers, agencies, media, and research services, advertising exports increased by 15.5% from 2021 to 2022, reaching a total of $20.28 billion (£15.6 billion). Therefore, the rise in promotional and advertising activities will drive the growth of the printing plates market.

What Is The Key Trend In The Global Printing Plates Market?

Advancements In Sustainable Printing Plates Enhance Sustainability And Efficiency
Major companies operating in the printing plates market are focusing on developing advanced sustainable flexo plate materials to enhance environmental performance and meet the growing demand for eco-friendly solutions. Eco-friendly and sustainable printing plates refer to plates designed with materials and processes that minimize environmental impact, reduce waste, and use fewer harmful chemicals. For instance, in May 2024, XSYS, a Germany-based provider of flexographic printing plates, launched the Nyloflex Eco Flexo Plate Series. The plates incorporate 19-29% renewable raw materials in their polymer layer, aligning with the industry's shift towards more environmentally friendly practices. They also provide a 20% reduction in processing time, which enhances productivity while lowering energy and solvent consumption.

How Is The Global Printing Plates Market Segmented?
The printing plates market covered in this report is segmented -

1) By Type: Flexographic Printing Plates, Screen Printing Plates, Gravure Printing Plates, Rotogravure Printing Plates, Thermal Printing Plates, Printing Plate Cleaning Machines, Corrugated Flexographic Printing Plates, Digital Flexographic Printing Plates, Digital Offset Printing Plates, Other Types
2) By Sales Channel: Direct Channel, Indirect Channel
3) By Application: Food And Beverage, Garment, Automotive, Other Applications

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How Is The Competitive Landscape Of The Global Printing Plates Market?
Major companies operating in the printing plates market are Fujifilm Holdings Corporation, Asahi Kasei Corporation, Toray Industries Inc., DuPont de Nemours Inc., Sun Chemical Corporation, Element Solutions Inc., Agfa-Gevaert NV, Flint Group SA, Siegwerk Druckfarben AG & Co. KGaA, Eastman Kodak Company, MacDermid Graphics Solutions LLC, Miraclon HoldCo Corporation, Inkcups Now Corporation, Anderson & Vreeland Inc., Lucky Huaguang Graphics Co. Ltd., Grafiflex SRL, Tampoprint AG, PlateCrafters, Tape & Label Converters Inc., ATL Printing and Converting

Contents Of The Global Printing Plates Market
1. Executive Summary
2. Printing Plates Market Report Structure
3. Printing Plates Market Trends And Strategies
4. Printing Plates Market - Macro Economic Scenario
5. Printing Plates Market Size And Growth
…..
27. Printing Plates Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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