Market Size of Flexographic Printing Machine Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 11.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Flexographic Printing Market Analysis
The flexographic printing machine market is expected to register a CAGR of 11.3% during the forecast period (2021 - 2026). As the flexo press uses flexible photopolymer printing plates to imprint images, it is used for printing across a wide range of surfaces such as plastics, paper, metallic films to cellophane.
- Flexographic printing machinery make use of relief plates made up of flexible rubber or photo-polymer plates, four rollers such as ink roller, meter roller, plate cylinder, and impression cylinder. Ink is introduced to an aniloxroller that transfers the ink to a flexible, raised-relief image plate wrapped around a cylinder. This cylinder then lays the graphic onto the label paper as it passes through the press at high speed.
- The increasing demand for a printing machine that can be used for a variety of substrates and other products with high versatility and ease of operation, particularly for rather long printing runs on all extensible plastic film, is expected to fuel the adoption of the flexographic printing machines, as the flexographic printing machines can operate at high speeds and its applicability on a different surface and water-based inks as well as oil-based inks.
- The computer-to-plate processes are being increasingly being used in flexoprepress that has enabled the machines to reduce the prepress times. The process has been extensively used in offset litho. The introduction of flat-top dots in Plates by several vendors has further improved print consistency and overall quality significantly.
- Flexography is more flexible and less expensive to produce, the technology has been witnessing significant innovations in the prepress and press parts of the process, along with inks. For instance, UK-based MPS launched its new E-Sleeve technology, an alternative to traditional sleeves, at LabelexpoEurope 2019. The product enables printers to generate predictable results at better speeds, with assured quality tolerances and more reliable production cost calculations.
- Due to the impact of COVID-19, the vendors serving food and beverage as well as pharmaceutical industry reported significant growth. However, from supply side, the vendors faced issues in procurement of raw materail for the machines, due to logistic issues.
