What is the global market size of Flexographic Printing Plates Market?

Global Flexographic Printing Plates Market size was valued at USD 696.57 million in 2021 and is poised to grow from USD 751.39 million in 2022 to USD 1259.85 million by 2030, growing at a CAGR of 7.8% in the forecast period (2023-2030).

Flexographic Printing Plates Market Size, Share, Growth Analysis, By Format(Digital, Analogue), By Type(Photopolymer, Rubber, Others), By Application(Package printing, Paper Substrate printing, Tag, Labels), By Design(Rounded Top, Flat top dot), By Ink Compatibility(Aqueous, Solvent based, UV Cured, Cationic Inks), By Region - Industry Forecast 2024-2031

Report ID: SQSG15A2056 | Region: Global | Published Date: July, 2036
Pages: 157 | Tables: 145 | Figures: 78

Flexographic Printing Plates Market News

In May 2022, Nyloflex FTL Digital was launched to be used in corrugated printing applications. The company claims that by assisting end users in using less plate material, its solution will be sustainable. Additionally, the flat top dots on these flexographic printing plates will help to keep the cost of consumables low.
In June 2022, A contract between Komori Corporation and Shinwa Factory for the field testing of the 40-inch Sheetfed Nanographic Printing System, Impremia NS40, was announced.

Flexographic Printing Plates Market Report Snapshots

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Flexographic Printing Plates Market size was valued at USD 696.57 million in 2019 and is poised to grow from USD 751.39 million in 2023 to USD 1259.85 million by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

The market for flexographic printing machines appears to be moderately fragmented and competitive. Few of the top players today control a large portion of the market. These major firms, who hold a sizable market share, want to increase their consumer base in other nations. To increase their market share and boost their profitability, these businesses are utilizing strategies to improve their connection. 'DuPont', 'Fujifilm', 'Esko-Graphics BVBA', 'Flint Group', 'Anderson & Vreeland Inc.', 'Asahi Photoproducts', 'MacDermid Graphics Solutions', 'KODAK Flexcel Solutions', '3M Company', 'Toyobo Co., Ltd.', 'Flexo Concepts', 'Toray Industries, Inc.', 'All Printing Resources, Inc.', 'Luminite Products Corporation', 'Electro Optic US', 'Zecher GmbH', 'Nilpeter A/S', 'Jet Europe GmbH', 'Mounting Systems Inc.', 'Xeikon International BV'

Flexographic printing plates offer smooth solids, fine vignettes, and high-consistent quality prints on all frequently used substrates. Increasingly people are becoming aware of sustainable options and are using environmental packaging, which has increased demand for flexographic printing plates.

Flexographic printing uses non-toxic inks and dries quickly. It is now feasible for printing on food packaging due to these considerations. It can be applied to disposable cups and containers as well as packaging like milk cartons, food and beverage containers, and food and beverage containers. Flexography can be used to print medicine packaging and other medical supplies since the correct ink makes it food-safe. It can be applied to cardboard packaging, plastic, foil wrappers, and sanitary bags. It is the ideal technique for printing on the brown corrugated boxes used in shipping and storage businesses since it can print on a wide range of substrates and surfaces. Flexographic printing is useful when printing on rolls of material used for plastic and paper bags since it may be done on flexible, non-rigid materials. It is the ideal option for commercial converters who produce printed plastic and paper bags.

In terms of market size, North America will lead the worldwide flexographic printing plate market in 2021. Increased demand for printing plates across a variety of end-user industries is the result of growing demand for a variety of print goods and technological advancements in printing plates.

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Flexographic Printing Plates Market News

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