Press release
Flexographic Printing Market Thrives On Surging Demand For Packaged Food Products: Key Factor Driving The Growth In The Flexographic Printing Market
Flexographic Printing Market
What Is the Projected Growth of the Flexographic Printing Market?
The flexographic printing market has experienced strong growth in recent years. It will increase from $6.5 billion in 2024 to $7.11 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in this market is driven by its cost-effectiveness, high-speed printing capabilities, versatility with substrates, consistent quality, and the rise of the packaging industry.
The flexographic printing market is projected to grow steadily, reaching $10.25 billion in 2029 with a CAGR of 9.6%. This growth is driven by the demand for sustainable packaging, e-commerce growth, global brand expansion, and changing advertising and labeling needs. Key trends include innovations in ink delivery systems, demand for printed labels and flexible packaging films, and the rise of short-run printing in packaging.
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What Are the Different Flexographic Printing Market Segments?
The flexographic printing market covered in this report 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
Subsegments:
1) By Narrow Web: Label Printing, Packaging, Flexible Packaging
2) By Medium Web: Flexible Packaging, Cartons, Tissue And Non-woven
3) By Sheet Fed: Commercial Printing, Packaging, Specialty Printing
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What Are the Primary Drivers Shaping the Flexographic Printing Market?
The increasing demand for packaged food products is expected to drive the growth of the flexographic printing market. Packaged foods are pre-packaged to extend shelf life and maintain sterility unless opened or damaged. The rising demand for such products calls for the use of flexographic printing, which provides cost-effective, attractive, and lightweight packaging. For example, in May 2024, the Beverage Marketing Corporation reported a 7.5% increase in retail sales, rising from $229.2 billion in 2022 to $246.4 billion in 2023. Therefore, the growing demand for packaged food products is fueling the flexographic printing market.
Which Companies Are Leading in the Flexographic Printing Market?
Major companies operating in the flexographic printing market include Westrock Company, Amcor Limited, Barry-Wehmiller Group Inc., Rotatek Printing Machinery Co. Ltd., BOBST Group SA, Koenig & Bauer AG, Windmöller & Hölscher Corp., Komori Corporation, Flint Group Holding S.A., SOMA Engineering S.p.A., Mark Andy Inc., MPS Systems B.V., Gallus Holding AG, Star Flex International Limited, Nilpeter A/S, Edale Holdings Limited, Comexi Group S.A., Nuova Gidue S.p.A., Tresu Group A/S, R.K. Label Printing Machinery Private Limited, Aim Machintechnik Pvt. Ltd., Wolverine Flexographic LLC, OMET S.p.A., Allstein GmbH, Shanghai Printyoung International Industry Co. Ltd., Polygraph Limited, Shanghai Liu Xiang General Equipments Co. Ltd., Orient Sogyo Co. Ltd., Uteco S.p.A., Codimag S.p.A., Anderson & Vreeland Inc., Heidelberger Druckmaschinen AG
What Trends Are Driving Growth in The Flexographic Printing Market?
Technological advancements are a significant trend in the flexographic printing market, with companies developing new solutions to meet customer demands. For example, MPS, a US-based manufacturer, launched its E-Sleeve technology to improve print efficiency and quality in the flexo and packaging sectors. The technology ensures better speeds, print precision, and cost-effective production.
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What Are the Top Revenue-Generating Geographies in the Flexographic Printing Market?
The countries covered in the flexographic printing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Flexographic Printing Market?
2. What is the CAGR expected in the Flexographic Printing Market?
3. What Are the Key Innovations Transforming the Flexographic Printing Industry?
4. Which Region Is Leading the Flexographic Printing Market?
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