Authored By: Sarah
11 Jul 2024

 Flexographic Printing Machine Market Size to grow by USD 591.49 million between 2024-2028

According to a research report “ Flexographic Printing Machine Market” by Application (Flexible packaging, Print media, Others) Product (Wide web, Medium web, Narrow web) Geography (Europe, North America, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 591.49 million, at a CAGR of over 6.33% during the forecast period. The global packaging industry's expansion, driven by the consumer goods sector and technological innovations like AptarGroup's VersaPouch closure, which includes a flip-cap, built-in pull ring, and anti-spill SimpliSqueeze valve, significantly impacts the development and growth of the international flexographic printing machine market. The food and beverage industry, which is projected to be the largest end-user, contributes significantly to the market's expansion due to the increasing demand for packaged foods, beverages, and frozen goods.

Browse market data tables, figures, and in-depth TOC on “Flexographic Printing Machine Market” by Application (Flexible packaging, Print media, Others) Product (Wide web, Medium web, Narrow web) Geography (Europe, North America, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Flexible packaging segment is projected to dominate the market size in 2024

In the realm of flexible packaging, wide web flexographic printing machines are a preferred choice due to their capability to print on large rolls of materials, including plastic films, paper, and foil. These materials are extensively utilized in food, beverage, and consumer goods packaging. Wide web flexographic printing is particularly advantageous for businesses with high-volume printing requirements, as it offers increased efficiency and productivity. Industries such as packaging converters and label manufacturers frequently utilize wide web flexo presses for their capacity to handle substantial print runs with speed and precision. Wide web flexographic printing machines are engineered for enhanced productivity, allowing for a broader print area during each pass, making them indispensable for applications where rapid production and high volumes are essential, ultimately contributing to overall business efficiency.

By Product, Wide web  segment is expected to hold the largest market size for the year 2024

The flexographic printing market for the packaging industry is primarily driven by the increasing adoption of flexible packaging solutions. Flexible packaging, a container or package made from pliable materials, offers numerous advantages, including ease of shape modification, lightweight properties, and recyclability. Materials used in producing flexible packaging range from foil, paper, plastic film, to combinations thereof. This trend is particularly prominent in sectors like natural and dairy products, where soy milk and almond milk dominate. Additionally, flexible packaging is widely utilized in various applications, including consumer goods, medical products, and others, due to its cost-effective transportation and versatile nature.

Europe is forecasted to hold the largest market size by region in 2024

The European flexographic printing machine market, particularly in Western Europe, has reached a mature stage due to the widespread adoption of digital devices for e-reading. With the rise of smartphones and tablets, there has been a noticeable shift in reading preferences from print to electronic formats. Countries like Germany and France are experiencing significant growth in e-reading device adoption. In the educational sector, the European Union (EU) has made considerable progress in digitalizing education through initiatives like the Digital Agenda, which is a key component of the Europe 2020 Strategy. This agenda sets EU growth objectives for 2020, emphasizing the importance of digital technologies in education.

The Flexographic Printing Machine Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Barry Wehmiller Group Inc.
  • BFM Srl
  • Bobst Group SA
  • Comexi Group Industries SAU
  • Edale Ltd.
  • Heidelberger Druckmaschinen AG
  • Koenig and Bauer AG
  • LohiaGroup
  • Mark Andy Inc.
  • MPS Systems BV
  • Nilpeter
  • OMET Srl
  • OMSO SpA
  • ORIENT SOGYO Co. Ltd.
  • Rotatek
  • Star Flex International
  • Taiyang Machinery Co. Ltd.
  • Uteco Converting SpA
  • Windmoller and Holscher KG
  • Wolverine Flexographic LLC
.

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Research Analysis Overview

Flexographic printing is a popular method for producing high-quality images on various packaging materials, including medical supplies, foil wrappings, plastic bags, and labels for the food packaging sector. The process involves the use of a raised-relief image plate, anilox roller, impression cylinder, plate cylinder, meter roller, and ink roller, all working in harmony to transfer ink onto the substrate. Skilled operators ensure the precise alignment and registration of these components for optimal print quality. The flexographic printing machinery market has seen significant growth due to the increasing demand for flexible packaging in online shopping and e-commerce. Self-adhesive labels, cartons, and bags are common applications for this technology. Rubber relief plates and photo-polymer plates are commonly used to create the image plates. Four rollers are typically used in the printing process to ensure consistent ink transfer and even color application. Ink plays a crucial role in the final print quality, and various types are available to suit different substrates and applications. Overall, the flexographic printing machine market continues to expand as businesses seek cost-effective and efficient solutions for producing high-quality packaging for various industries.

Market Research Overview

Flexographic printing is a popular method used by packaging printing companies for producing high-quality printed products for various industries, including food, beverages, personal care items, and industrial goods. External factors such as light, oxygen, and moisture can negatively impact the barrier properties of packaging materials, making it essential to use flexographic printing machines that can produce prints with superior barrier properties. Flexographic printing is widely used for printing on large-scale packaging materials, such as corrugated boxes, films, and labels for industrial-scale applications. Leading flexographic printing machinery manufacturers like Bobst offer advanced technologies and solutions for producing printed products with consistent quality and predictable results. Personal care items, beverages, and food packaging require high-quality prints with branding elements that can withstand the rigors of storage and transportation. Flexographic printing machines can produce serialized labels, QR codes, and individualized text using variable data printing, enhancing the unboxing experience and providing shipping-friendly designs. Flexographic printing is also used in the logistics industry for printing labels on various substrates, including corrugated cardboard, plastic bags, and films. Quick-drying inks and e-Sleeve technology enable faster production times and shorter print runs, making it an ideal choice for price-sensitive brands. The adoption of flexographic printing machinery in the industrial printing sector has been on the rise due to its versatility, high speed, and ability to produce consistent production with waste reduction. The e-commerce sector has also driven the demand for flexible packaging products, such as pouches, sachets, and bags, which can be produced using flexographic printing machines. At LabelexpoEurope 2019, various flexographic printing machine manufacturers showcased their latest innovations, including central-impression presses, printing machines with higher speeds and quality tolerances, and eco-friendly printing processes using non-toxic inks and recyclable high-barrier laminates. The future of flexographic printing lies in its ability to produce sustainable packaging solutions that meet the evolving needs of various industries.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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