Flexographic Printing Machine Market by Product Type (Unit-type and Central Impression Type), By Printable Substances (Polyethylene, Papers, and Others), By Application (Flexible Packaging, Label Manufacturing, Corrugated, and Others), By Technology (Semi-Automatic and Automatic), and By Region- Trends, Analysis and Forecast till 2034

Flexographic Printing Market size is estimated at USD 203.20 Billion in 2024, and is expected to reach USD 297.63 billion by 2034, growing at a CAGR of 4.3% during the forecast period

Flexographic printing/Flexography is a popular method for printing large orders of custom labels at rapid speed. This technique holds its own in areas of large orders and long print runs, particularly of packaging products and labeling. It is a modern version of letterpress printing which utilizes a flexible relief plate and quick-drying, semi-liquid inks.

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Increasing demand from food and beverage industry is expected to increase the demand for flexographic printing machines globally over the forecast period. Along with that, technological advancements and new product developments are major factors expected to augment the target market. Additionally, low initial installation cost, low maintenance cost and ease of operation of the flexographic machines are factors boosting demand for machine in the global market. Along with printing on luxury packaging, flexographic printing machines are some among the factors expected to dominate the market growth during the forecast period owing to their capabilities of printing at high speed and increasing use of nontoxic water-based inks.

Flexographic printing machine market is segmented on the basis of product type, printable substances, application, technology, and region. Types of product in the target market are unit-type machine and central impression type machine. Based on printable substances, the global market is bifurcated into polyethylene, papers, and others. On the basis of applications, the global flexographic printing machine market is divided into flexible packaging, label manufacturing, corrugated, and others. Based on technology, the target market is divided into semi-automatic and automatic technology segments. 

 Regional Insights:

Flexographic printing machine market has been segmented on the basis of region into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. Europe is dominating the target market currently. North America is expected to witness significant growth attributing to the development of new technologies in printing machines in the near future. Currently, Asia-Pacific region is experiencing steady growth due the low production cost of raw materials and supplies and the lower labor costs. The target market expected to expand over the forecast period owing to technological developments in the industrial sector.

Key players operating in the global flexographic printing machine market includes BOBST, Heidelberger Druckmaschinen AG, Nilpeter A/S, UTECO Converting S.p.A., Comexi Group, KBA-Flexotecnica S.p.A., OMET(S.r.l.), Rotatek S.A., Taiyo Kikai Ltd., Weifang Donghang, BFM (S.r.l.), and Mark Andy Inc.