Flexographic Printing Plate Market
Trends, opportunities, and forecast for the global flexographic printing plate market from 2017 to 2028 by product type (digital flexographic plates and analog flexographic plate), application (package printing, corrugated printing, tag and labels, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Flexographic Printing Plate Market Trends and Forecast
The future of the flexographic printing plate market looks promising with opportunities in the package printing, corrugated printing, and tag and label applications. The global flexographic printing plate market is expected to reach an estimated $1,267.3 million by 2028 with a CAGR of 5.8% from 2023 to 2028. The major drivers for this market are growing demand for printing in packaging and labelling applications and increasing trend of digital technologies across the globe.
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Flexographic Printing Plate Market by Segment
The study includes trends and forecast for the global flexographic printing plate market by product type, application, and region, as follows:
Flexographic Printing Plate Market by Product Type [Value ($M) Shipment Analysis from 2017 to 2028]:
- Digital Flexographic Plates
- Analog Flexographic Plates
Flexographic Printing Plate Market by Application [Value ($M) Shipment Analysis from 2017 to 2028]:
- Package Printing
- Corrugated Printing
- Tag and Labels
- Others
Flexographic Printing Plate Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Flexographic Printing Plate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, flexographic printing plate companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flexographic printing plate companies profiled in this report include-
- DowDuPontFlint
- MacDermid
- Toray
- Asahi Kasei
- Toyobo
- Fujifilm
Flexographic Printing Plate Market Insights
- Lucintel forecasts that analog flexographic will witness the higher growth over the forecast period because it is available in various sizes and shapes that help printers to print images with greater accuracy.
- Package printing is expected to remain the largest application segment due to the increasing consumer awareness towards product safety along with growing demand for packaged food products across the globe.
- APAC will remain the largest region due to the increasing demand in various industries, such as food & beverage, retail, pharmaceuticals, and others, along with rising popularity of flexographic printing among small scale businesses in the region.
Features of the Flexographic Printing Plate Market
- Market Size Estimates: Flexographic printing plate market size estimation in terms of value ($M)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Flexographic printing plate market size by various segments, such as by product type, application, and region
- Regional Analysis: Flexographic printing plate market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different product types, applications, and regions for the flexographic printing plate market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the flexographic printing plate market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the flexographic printing plate market size?
Answer: The global flexographic printing plate market is expected to reach an estimated $1,267.3 million by 2028.
Q2. What is the growth forecast for flexographic printing plate market?
Answer: The global flexographic printing plate market is expected to grow with a CAGR of 5.8% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the flexographic printing plate market?
Answer: The major drivers for this market are growing demand for printing in packaging and labelling applications and increasing trend of digital technologies across the globe.
Q4. What are the major segments for flexographic printing plate market?
Answer: The future of the flexographic printing plate market looks promising with opportunities in the package printing, corrugated printing, and tag and label applications.
Q5. Who are the key flexographic printing plate companies?
Answer: Some of the key flexographic printing plate companies are as follows:
- DowDuPontFlint
- MacDermid
- Toray
- Asahi Kasei
- Toyobo
- Fujifilm
Q6. Which flexographic printing plate segment will be the largest in future?
Answer:Lucintel forecast that analog flexographic will witness the higher growth over the forecast period because it is available in various sizes and shapes that help printers to print images with greater accuracy.
Q7. In flexographic printing plate market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the increasing demand in various industries, such as food & beverage, retail, pharmaceuticals, and others, along with rising popularity of flexographic printing among small scale businesses in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the global flexographic printing plate market by product type (digital flexographic plates and analog flexographic plate), application (package printing, corrugated printing, tags and labels, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
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