The global flexographic printing machine market is projected to grow steadily over the next decade, with its valuation expected to increase from USD 2.7 billion in 2024 to USD 3.3 billion by 2034, at a CAGR of 2.10%.
The growth trajectory is fueled by rising demand for sustainable and eco-friendly printing solutions across key industries such as food and beverages, healthcare, and consumer goods. Flexographic printing machines are gaining traction for their ability to deliver high-quality, consistent printing outputs while supporting manufacturers in reducing their environmental footprint.
With their versatility, efficiency, and adaptability to various materials, flexographic printing machines continue to serve as a cornerstone for modern printing needs. The industry is expected to witness further advancements in technology, catering to an increasingly eco-conscious market.
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Another catalyst for the growth of the flexographic printing machine market is its adaptability and affordability. These machines, highly versatile and capable of printing on various substrates, are a boon for small and medium-sized businesses. The expansion of the e-commerce industry and the surging demand for digital printing plates have further amplified the need for flexographic printing machines, making them an integral part of the industry’s growth story.
“The flexographic printing machine market is expected to grow in the coming years, driven by the demand for high-quality and efficient printing solutions. New technologies and higher levels of automation and customization will be key factors in this growth”, opines a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Key Takeaways from the Market Study:
- With an expected market share of 43.30% for 2024, stack press product type is continuing to dominate the flexographic printing machine market.
- Packaging end use in the flexographic printing machine market is slated to hold 37.90% of the market share for 2024.
- India’s flexographic printing machine industry is projected to inflate at a CAGR of 5.40% through 2034.
- The flexographic printing machine industry in China is anticipated to develop at a CAGR of 4.70% through 2034.
- The flexographic printing machine industry in Thailand is predicted to rise at a 4.10% CAGR through 2034.
- The flexographic printing machine industry in Spain is estimated to rise at a 2.40% CAGR through 2034.
- The flexographic printing machine industry in South Korea has the potential to increase at a 2.40% CAGR through 2034.
Competitive Landscape
Key companies are expanding their presence in emerging markets and investing in research to develop new technologies for their machines.
They also invest in digital printing technologies to complement their flexographic printing machines and offer a more comprehensive range of printing solutions. With new machines that offer higher levels of automation, productivity, flexibility, and customization, these companies are expanding their presence in the market.
Key Companies in the Market
- Aim Machintechnik Pvt. Ltd.
- K. LABEL PRINTING MACHINERY (P) LTD.
- Wolverine Flexographic LLC
- Star Flex International
- Rotatek, Edale UK Limited
- Nilpeter A/S
- Polygraph Limited
- Shanghai Printyoung International Industry Co.
- Dongguang Xinghui Carton Machinery
- Ruian Husong Printing Machinery
- Wenzhou Daba Machinery
- Zhejiang Hexiang Printing Machinery
Recent Developments:
- Rotatek Printing and Packaging Technologies Spain collaborated with Iwasaki International Japan in October 2023 to offer cost-effective Japanese technology for label production in Spain.
- Multitec showcased a servo narrow web flexo press with UV capabilities, foiling, and a converting section at PrintPack India 2022, targeting flexible packaging and self-adhesive label printing.
Market Segmentation
By Product Type:
- Central Impression Press
- In-line Press
- Stack Press
By Substrate Type:
- Plastic
- Paper & Paper Board
- Metal
- Fabric
- Other Substrates (Wood, Glass, etc.)
By Ink Type:
- Aqueous / Water-based Inks
- Solvent-based Inks
- UV-based Inks
- Hot Melt Inks
- Rubber Based Inks
- Toner
By End Use:
- Commercial
- Publication
- Packaging
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa (MEA)
- Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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