How Has the Flexographic Printing Machine Market Size Evolved in Recent Years?
The flexographic printing machine market has seen considerable growth due to a variety of factors.
• In preceding years, the flexographic printing machine market has seen significant growth. The market size is projected to expand from $0.72 billion in 2024 to $0.77 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.9%.
The historical growth progression is attributable to various factors such as advancements in printing technology, cost-efficiency, a rising demand for packaging, environmental considerations, globalization, and overall market expansion.
What Is The Forecast For The Flexographic Printing Machine Market Size?
The flexographic printing machine market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, significant expansion is anticipated for the flexographic printing machine market, with projections estimating a growth to $0.95 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%.
This expected surge over the forecast period can be credited to factors like digital transformation along with integration of industry 4.0, rising demands for customization and personalization, sustainability efforts, and flourishing markets. The forecast period is also likely to witness key trends such as hybrid printing solutions, heightened automation and robotics, emphasis on operational effectiveness, broadening of applications, production of sustainable inks and substrates, and incorporation of IoT and connectivity.
What Are The Essential Drivers Behind The Growth Of The Flexographic Printing Machine Market?
The expansion of the packaging sector is poised to fuel the surge in the flexographic machines market. This sector encompasses design, production, and delivery of containers and materials intended to encase, safeguard, and dispatch products to customers. The brisk expansion of e-commerce, evolving customer inclinations, and health coupled with safety anxieties contribute to the swelling of the packaging sector. Flexographic machines are used for printing on divergent packaging substances such as paper, plastic films, cardboard, and flexible packaging materials. To illustrate, the Flexible Packaging Association (FPA), which is a trade association in the U.S. that symbolizes manufacturers and suppliers in the flexible packaging sectors, reported in September 2023 that the U.S. flexible packaging industry reached sales of $41.5 billion in 2022, a hike from the previous year's $39 billion. Hence, the escalating packaging sector is the engine driving the growth of the flexographic machines market.
How Is The Global Flexographic Printing Machine Market Divided Into Key Segments?
The flexographic printing machine market covered in this report is segmented –
1) By Type: Stack Press, In-line Press, Unit Common Impression Cylinder Press, Other Types
2) By Technology: Semi-Automatic, Automatic
3) By Printable Substance: Polyethylene, Papers, Other Printable substances
4) By Application: Labels, Packaging, Print Media, Other Applications
Subsegments:
1) By Stack Press: Small-Format Stack Press, Large-Format Stack Press
2) By In-line Press: Narrow-Web In-Line Press, Wide-Web In-Line Press
3) By Unit Common Impression Cylinder Press: Single Unit Press, Multi-Unit Press
4) By Other Types: Ci (Central Impression) Press, Hybrid Flexo Press
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How Are Emerging Trends Reshaping The Dynamics Of The Flexographic Printing Machine Market?
Leading enterprises in the flexographic printing machine market are striving to establish a robust market position by innovating with Flat-top dot technology like nyloflex FTV Digital plate. This unique technology ensures regular and homogeneous ink dots exhibiting a flat, level surface, which boosts the quality and intricacy of prints. For instance, the US-based flexographic printing industry connoisseur, XSYS, rolled out the nyloflex FTV Digital plate in March 2023. This advance product, specially designed for high-end flexible packing, incorporates inherent flat-top dot technology with a smooth plate surface, making it ideal for flexographic printing with solvent inks on film substrates. This plate delivers excellent print quality with finely tuned highlight dots, suitable for bank and LED exposure. The improved formula helps minimize plate swelling, thereby reducing waste and increasing the durability on the press. The product boasts high consistency and reproducibility, is an excellent fit for optional surface screenings, and works seamlessly with ThermoFlexX Woodpecker patterns and LED UV-A light technology.
Who Are the Key Players In The Flexographic Printing Machine Market?
Major companies operating in the flexographic printing machine market are:
• Bobst Group SA
• Star Flex International
• Shanghai Printyoung International Industry Co.Ltd.
• Wenzhou Daba Machinery Co.Ltd.
• BFM S.r.l.
• Paper Converting Machine Company (PCMC)
• Koenig & Bauer Flexotecnica S.p.A.
• UTECO Converting S.p.A.
• Comexi Group Industries S.A.U.
• Mark Andy Inc.
• MGI Digital Graphic Technology S.A.
• Nilpeter A/S
• Rotatek S.A.
• Karlville Development LLC
• Edale Limited
• OMET S.r.l.
• Labelmen Machinery Co.Ltd.
• Polygraph Limited
• Advanced Vision Technology Ltd. (AVT)
• ETI Converting Equipment Inc.
• MBO Postpress Solutions GmbH
• SPS Technoscreen Ltd.
• TRESU Group
• Orthotec LLC
• Pamarco Global Graphics
What Are The Regional Insights Into The Flexographic Printing Machine Market?
Asia-Pacifica was the largest region in the flexographic printing machine market in 2024 The regions covered in the flexographic printing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
