Global Flexographic Printing Technology Market Overview:
Flexographic printing, which offers the best balance of quality, productivity, and flexibility, has become the most popular print technique in the label printing sector. Flexo printing is distinctive because it can be used with a greater variety of inks, including water-based inks and UV inks. It adapts well to varied materials, such as prints on thin film, paper, and flexible packaging among others. Almost any substrate, including plastic, metal, and paper, can be printed on due to the durability and adaptability of this printing method. Increasing global packaging demand, growing printing requirements for advertising and print media, and demand for the production of posters, flyers, and newspapers are some factors anticipated to drive the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The shift of Simple Package Formats to Flexible Packaging, Demand for Inline Flexographic Printing Machines and Increasing Demand for Marketing and Advertising Flexes, Billboards, And Other Media
Market Growth Drivers:
Increasing Global Packaging Demand, Growing Printing Requirements for Advertising and Print Media and Demand for Production of Posters, Flyers, and Newspaper
Challenges:
Lower Printing Quality than Lithographic Printing, The trouble with Printing Smooth Colour Gradients and Unable to Print both Process Tones and Solids within the Same Image Carrier
Restraints:
Higher Initial Setup Cost Based on Customization Required and Emergence of Substitute
Opportunities:
Technological advancements in ink quality and Untapped Unaddressed Printable Material segment
Competitive Landscape:
Global Flexographic Printing Technology is a fragmented market due to the presence of various players. The players are focusing more on mergers & acquisitions and investing in technological advancements in ink and other components. These will enhance their market presence. The companies are also planning strategic activities like partnerships, expansion, contracts, and new product development or launch, which will help them to sustain themselves in the market and maintain their competitive edge.
Some of the key players profiled in the report are Codimag (France), COMEXI (Spain), Edale Ltd (United Kingdom), Heidelberger Druckmaschinen AG (Germany), Koenig & Bauer (Germany), KOMORI Corporation (Japan), Mark Andy Inc. (United States), Monotech Systems Limited (India), OMET (Italy), Orient Sogyo Co., Ltd. (Japan), Paper Converting Machine Company (United States), Windmöller & Hölscher (Germany) and Wolverine Flexographic LLC (United States). Considering Market by Colour Capacity, the sub-segment i.e. 2 Colour will boost the Flexographic Printing Technology market. Considering Market by Technology, the sub-segment i.e. Semi-Automatic will boost the Flexographic Printing Technology market. Considering Market by Printable Material, the sub-segment i.e. Porous Substrates will boost the Flexographic Printing Technology market.
Latest Market Insights:
In June 2022, Girona - Comexi and Wipak Polska agreed to acquire a Comexi S1 DT slitter by the Polish company. Quality, high productivity, and incorporated safety measures are the primary reasons for the acquisition of a second Comexi S1 DT slitter by Wipak Polska; the first machine of this type was purchased in 2017.
In April 2022, a team of researchers at Dartmouth College in New Hampshire developed a new flexographic printing technique to aid in the fast and reliable production of Perovskite solar cells. Solar cells may now be printed in large quantities for a reasonable price due to this new method.
What Can be Explored with the Flexographic Printing Technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Flexographic Printing Technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Flexographic Printing Technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Flexographic Printing Technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Flexographic Printing Technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Flexographic Printing Manufacturers, Flexographic Printing Suppliers/Dealers, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.