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Leading Growth Driver in the Printing Plates Market in 2025: Growth Of The Printing Plates Market Driven By Rising Promotional And Advertising Activities Driver's Influence
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The rise in promotional and advertising activities is expected to boost the growth of the printing plates market. These activities are essential for increasing product awareness and sales through various marketing channels. As competition increases and digital marketing technologies advance, the demand for high-quality printed materials is growing. Printing plates are used to create materials such as brochures and posters. For instance, in November 2023, the Advertising Association reported a 15.5% increase in advertising exports from 2021 to 2022, totaling $20.28 billion. As a result, the rise in promotional activities is expected to fuel the demand for printing plates.
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What is the projected compound annual growth rate (CAGR) of the printing plates market from 2025 to 2034, and what factors influence it?
The printing plates market has grown significantly in recent years. It will grow from $9.94 billion in 2024 to $10.66 billion in 2025, at a CAGR of 7.3%. This growth is driven by increasing demand for high-quality printed materials, the growth of e-commerce, advancements in printing technologies, the need for customized print jobs, and the influence of digital printing technologies.
The printing plates market is expected to grow to $14 billion by 2029, at a CAGR of 7.0%. Growth is driven by the expansion of e-commerce, demand for sustainable packaging, AI integration in printing processes, 3D printing advancements, and increased global trade. Trends include hybrid printing technology, biodegradable printing plates, AI optimization, IoT integration, and 3D printing innovations.
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What are the emerging trends shaping the future of the printing plates market?
In the printing plates market, companies are working on sustainable flexo plate materials to meet the demand for eco-friendly solutions. These plates reduce environmental impact and use fewer harmful chemicals. For instance, XSYS introduced the Nyloflex Eco Flexo Plate Series in May 2024, made with renewable materials and designed to reduce processing time, energy consumption, and solvent use while improving productivity.
What are the major segments of the printing plates market and their role in driving growth?
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
Subsegments:
1) By Flexographic Printing Plates: Photopolymer Flexographic Plates, Laser Engraved Flexographic Plates, Water-Washable Flexographic Plates
2) By Screen Printing Plates: Polyester Screen Printing Plates, Stainless Steel Screen Printing Plates, Aluminum Screen Printing Plates
3) By Gravure Printing Plates: Copper Gravure Plates, Steel Gravure Plates, Nickel Gravure Plates
4) By Rotogravure Printing Plates: High-Quality Rotogravure Plates, Standard Rotogravure Plates, Engraved Rotogravure Plates
5) By Thermal Printing Plates: Thermal CTP (Computer-To-Plate) Plates, Thermally Processed Plates, Thermal Plates For Offset Printing
6) By Printing Plate Cleaning Machines: Automated Plate Cleaning Machines, Manual Plate Cleaning Machines, Hybrid Cleaning Machines
7) By Corrugated Flexographic Printing Plates: Corrugated Board Flexo Plates, Single-Sided Corrugated Flexo Plates, Dual-Sided Corrugated Flexo Plates
8) By Digital Flexographic Printing Plates: Digital Flexo Plates For Packaging, Digital Flexo Plates For Labels, Hybrid Digital Flexo Plates
9) By Digital Offset Printing Plates: Digital Offset Plates For Commercial Printing, Digital Offset Plates For Packaging, CTP Digital Offset Plates
10) By Other Types: Laser-Engraved Plates, Offset Printing Plates, Specialty Printing Plates
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Which regions are key players in the growth of the printing plates market?
Asia-Pacific was the largest region in the printing plates market in 2024. The regions covered in the printing plates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the 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 S.A., 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
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What Is Covered In The Printing Plates Global Market Report?
•Market Size Forecast: Examine the printing plates market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the printing plates market for a structured understanding.
•Key Players Overview: Analyze major players in the printing plates market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the printing plates market.
•Segment Contributions: Evaluate how different segments drive overall growth in the printing plates market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the printing plates market.
•Industry Challenges: Identify potential risks and obstacles affecting the printing plates market.
•Competitive Landscape: Review strategic developments in the printing plates market, including expansions, agreements, and new product launches.
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