Global Flexographic Printing Machine Market 2024-2028
The flexographic printing machine market is forecasted to grow by USD 591.49 mn during 2023-2028, accelerating at a CAGR of 6.33% during the forecast period. The report on the flexographic printing machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand volumes from the packaging industry, an increase in benefits associated with flexographic printing, and the rising popularity of attractive and innovative packaging.
Technavio's flexographic printing machine market is segmented as below:
By Application
- Flexible packaging
- Print media
- Others
By Product
- Wide web
- Medium web
- Narrow web
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for flexo-digital hybrid label printing solutions as one of the prime reasons driving the flexographic printing machine market growth during the next few years. Also, growing adoption of electron beam (EB) curing technology and rising demand for eco-friendly inks will lead to sizable demand in the market.
The report on the flexographic printing machine market covers the following areas:
- Flexographic printing machine market sizing
- Flexographic printing machine market forecast
- Flexographic printing machine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexographic printing machine market vendors that include 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, and Wolverine Flexographic LLC. Also, the flexographic printing machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.