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Flexographic Printing Market Trends

Report ID: GMI6788
Published Date: Sep 2023
Report Format: PDF

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Flexographic Printing Market Trends

The flexographic printing industry is witnessing several prominent trends. With the emphasis on sustainability, eco-friendly ink formulations and materials are gaining traction. Digitalization is on the rise, improving print quality and customization capabilities. Shorter print runs, faster job changeovers, and reduced waste are also becoming more prevalent. There is a shift toward high-quality, photorealistic printing for labels and packaging. Furthermore, the market is experiencing increased demand in the food & beverage, pharmaceutical, and e-commerce sectors. Automation and Artificial Intelligence (AI) are streamlining operations, improving efficiency, and reducing costs, making flexographic printing more competitive in the modern landscape.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for flexographic printing was valued at over USD 8.5 billion in 2022 and is estimated to register a CAGR of over 14% between 2023 and 2032, owing to growing interest in sustainable packaging materials and inks.

The flexible packaging segment is expected to register a CAGR of over 6% during 2023-2032, owing to its versatility, cost-effectiveness, and sustainability.

Asia Pacific held a significant share of over 32% in 2022 in the flexographic printing industry and will continue to generate lucrative growth opportunities due to the region's burgeoning manufacturing and consumer goods sectors.

Flint Group, Gallus, Heidelberger Druckmaschinen AG, Koenig & Bauer AG, Komori Corporation, Mark Andy Inc., MPS Systems B.V., Nilpeter A/S, Nuova Gidue, Omet Group, Rotatek, Tresu Group, Uteco, and Windmoller & Holscher.