Press release
Global Flexographic Printing Technology Market to Reach $3.69 Billion by 2029, Growing at 7.6% CAGR
What industry-specific factors are fueling the growth of the flexographic printing technology market?The expansion of the packaging sector is anticipated to fuel the progression of the flexographic printing technology market. The packaging industry spans a broad spectrum of products and services created to protect, store, and display items for distribution, warehousing, sale, and use. The rise in online shopping has catalyzed the growth of the packaging industry by elevating the demand for packaging materials to ensure safe delivery of products. Flexographic printing devices facilitate printing on diverse substrates like paper, cellophane, metallic films, and plastics, making them perfect for printing food packaging and product labels. For example, the American Forest & Paper Association (AF&PA), a US organization promoting paper and wood product manufacturers, reported a 5% rise in the exports of packaging sheets and specialized packaging in February 2024 compared to February 2023. Thus, the escalating packaging industry is projected to drive the growth of the flexographic printing technology market.
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What Is the projected market size and growth rate for the flexographic printing technology market?
There has been substantial growth in the flexographic printing technology market in the past few years. This market, which was valued at $2.55 billion in 2024, is projected to grow to $2.76 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.9%. Factors contributing to the historical growth include further developments in printing technology, the cost-effectiveness of this technology, a surge in packaging demand, environmental considerations, globalization and market expansion.
Anticipated to witness robust growth in the coming years, the flexographic printing technology market's projected size is set to reach $3.69 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. The surge during the forecast period can be linked to the integration of digitalization and industry 4.0, escalating demands for customization and personalization, sustainability drives, and emerging markets. During the forecast period, key trends will encompass hybrid printing solutions, amplified automation and robotics, emphasis on operational efficiency, broadening applications range, innovative sustainable inks and substrates, alongside IoT and connectivity integration.
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What trends are poised to drive the future success of the flexographic printing technology market?
Key players in the flexographic printing technology market, such as Comexi, are directing their resources towards the creation of innovative products like Comexi F2 Origin, with the goal of offering customers enhanced features. The Comexi F2 Origin is a novel flexographic press that integrates high productivity and superior ergonomic design to simplify the printing process and increase efficiency. In November 2023, the Spain-based packaging machine manufacturer, Comexi, introduced the Comexi F2 Origin. With speed capacities reaching 400 meters per minute, the Comexi F2 Origin prioritizes user comfort and easy handling, thanks to its superior ergonomic design. Furthermore, its capability to utilize solvent-free inks demonstrates its adaptability and eco-friendliness. With its high-grade features, including Bellissima screening for high-quality print and Genius Print for quick task-switching, the F2 Origin establishes a new benchmark in the field of efficiency and quality.
What major market segments define the scope and growth of the flexographic printing technology market?
The flexographic printing technology market covered in this report is segmented -
1) By Product Type: Inline Type Press, Stack Type Press, Central Impression Type Press
2) By Technology: Semi Automatic, Automatic
3) By Coloring Capacity: 2 Color, 4 Color, 6 Color And Above
4) By Application: Print Media, Office And Admin, Industrial Applications
Subsegments:
1) By Inline Type Press: Single-Web Inline Press, Double-Web Inline Press, Multi-Color Inline Press
2) By Stack Type Press: Vertical Stack Type Press, Horizontal Stack Type Press, Narrow-Web Stack Type Press
3) By Central Impression Type Press: Single-Sided Central Impression Press, Double-Sided Central Impression Press, Wide-Web Central Impression Press
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Which region dominates the flexographic printing technology market?
North America was the largest region in the flexographic printing technology market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexographic printing technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the flexographic printing technology industry growth?
Major companies operating in the flexographic printing technology market are Fujifilm Holdings Corporation, DuPont de Nemours Inc., Heidelberger Druckmaschinen AG, Flint Group, Bobst Group SA, Koenig & Bauer Flexotecnica S.p.A., Eastman Kodak Company, Windmoeller & Hoelscher Corporation, Esko, BFM S.r.l., Mark Andy Inc., UTECO Converting S.p.A., Comexi Group, Nilpeter A/S, Rotatek S.A., Soma Engineering, Edale Limited, Polygraph Printing Technologies Ltd., Aim Machintechnik Pvt. Ltd., Ryobi Limited, Taiyo Kikai Ltd., Donghang Graphic Technology Inc., OMET S.r.l., Shanghai Printyoung International Industry Co., Wolverine Flexographic LLC, Allstein GmbH
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What Is Covered In The Flexographic Printing Technology Global Market Report?
• Market Size Forecast: Examine the flexographic printing technology market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the flexographic printing technology market for a structured understanding.
• Key Players Overview: Analyze major players in the flexographic printing technology market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the flexographic printing technology market.
• Segment Contributions: Evaluate how different segments drive overall growth in the flexographic printing technology market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the flexographic printing technology market.
• Industry Challenges: Identify potential risks and obstacles affecting the flexographic printing technology market.
• Competitive Landscape: Review strategic developments in the flexographic printing technology market, including expansions, agreements, and new product launches.
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