Flexographic Printing Market worth $10.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 11, 2023 /PRNewswire/ -- The flexographic printing market is projected to grow from USD 8.7 billion in 2023 and reach USD 10.6 billion by 2028, growing at a CAGR of 4.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the packaging industry is continually evolving with growing trends such as the booming e-commerce industry and online shopping, due to which there has been a surge in demand for packaging material for the protection and delivery of the products. As flexographic printing is a commonly used technology for packaging printing, this factor also leads to the growth of the flexographic printing market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153468364

Browse in-depth TOC on "Flexographic Printing Market" 
120 – Tables
60 – Figures
230 – Pages

Flexographic Printing Market Report Scope:

Corrugated packaging application to hold the largest share of the flexographic printing market during the forecast period.

The corrugated packaging application is expected to hold the largest share of the flexographic printing market during the forecast period. Corrugated boxes are commonly used for shipping and storing products. Applying flexographic printing to these boxes allows manufacturers and retailers to directly print branding elements, product information, logos, barcodes, and other relevant details onto the packaging. It also enables high levels of customization by providing the manufacturers with the feasibility to tailor and design the colors, and graphics to match their brand identity or the specific product being packaged.

Market for wide web flexographic printing machine is expected to account for largest market share during the forecast period.

Wide web flexographic printing involves using flexographic technology to print on substrates of significant width. This segment of the market is known for its capability to produce large-scale packaging materials and printed products efficiently. Wide web printing is chosen for its ability to produce a significant amount of printed material in a relatively short amount of time, making it ideal for industrial-scale applications such as producing packaging materials for bulk items (grains, cement, and other industrial goods). It is cost-effective for large print runs, where the benefits of scale contribute to lower costs per unit. Moreover, it can also be integrated with digital printing technologies for variable data and customization.

Flexible packaging application is expected to be the fastest growing market of the flexographic printing market during the forecast period.

Flexible packaging refers to a type of packaging that is made from flexible materials that can be easily molded, folded, or bent. This packaging type offers various benefits in terms of convenience, preservation, and sustainability. Flexible packaging serves a wide range of industries and sectors such as food, beverages, personal care items, pharmaceuticals among others. The materials used in flexible packaging are plastic films, aluminum foil, paper, and laminates which combine to create structures that provide barrier properties to protect the contents from moisture, oxygen, light, and other external factors. It provides its manufacturers with the versatility to design packaging that fits the specific requirements of their products, whether the need is to be resealable, portioned, or easily dispensed.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=153468364

Asia Pacific to have the largest share of flexographic printing market in during the forecast period.

Asia Pacific region is expected to have the largest market share of the flexographic printing industry during the forecast period. China, Japan, South Korea, and India are among the key countries in the Asia Pacific flexographic printing market. The growth of the flexographic printing market in this region is mainly attributed to the growing demand for quality, efficiency, and innovation, which the packaging industry demands. The availability of cheap and abundant labor, low energy prices, and relaxed environmental norms have aided the growth of packaging printing companies.

Leading players in the flexographic printing companies include Bobst (Switzerland), Mark Andy Inc. (US), Nilpeter A/S (US), Amcor Plc (Australia), Windmöller & Hölscher (Germany), Heidelberger Druckmaschinen AG (Germany), (MPS Systems B.V. (Netherlands), Aim Machinetechnik Pvt. Ltd (India), Rotatek (Spain), Koenig & Bauer AG (Germany) and Comexi (Spain), Uteco (Italy), Codimag (France), Gaullus (Switzerland), Tresu Group (Denmark), Komori Corporation (Japan), Nuova Gidue (Italy), Omet Group (Italy) are few other key companies operating in the flexographic printing market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=153468364

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

3D Printing Market Size, Share & Industry Growth Analysis Report by Offering (Printer, Material, Software, Service), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion), Application, Vertical, Technology and Region - Global Growth Driver and Industry Forecast to 2028

Digital Printing Market Size, Share & Industry Growth Analysis Report by Ink (UV-cured, Aqueous, Solvent, Latex, and Dye Sublimation), Printheads (Inkjet and Laser), Substrate (Plastic Film or Foil, Release Liner, Glass, Textile, Paper, Ceramic), and Geography - Global Growth Driver and Industry Forecast to 2026

Large Format Printer Market by Offering, Connectivity (Wired, Wireless), Printing Material (Porous, Non-porous), Technology (Ink-based, Toner-based), Print Width, Ink Type, Application, and Geography (2021-2026)

Production Printer Market by Type (Monochrome, Color), Technology (Inkjet, Toner), Production Method (Cut Sheet, Continuous Feed, Sheet Fed, and Web Based), Application and Geography - Global Trends & Forecast to 2022

Digital Textile Printing Market by Printing Process (Roll to Roll, DTG), Ink Type (Sublimation, Pigment, Reactive, Acid), Application (Textile & Decor, Industrial, Soft Signage, Direct to Garment), and Geography - Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/flexographic-printing-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/flexographic-printing.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/flexographic-printing-market-worth-10-6-billion-by-2028---exclusive-report-by-marketsandmarkets-301923187.html