Flexographic Printing Machine Market is estimated to reach US$ 4.03 Bn by 2026, growing at a CAGR of 5.2% from 2018 to 2026.
Flexographic printing machine is used for a variety of substrates and other products thereby enabling the printing of labels, packaging, cartons, and other products. Modern technologies have reduced the amount of time required to make flexographic plates. Printed goods and articles are providing information also help manufacturers in building product and brand image in the subconscious of the consumer. Label printing is one of the common applications where printing is extensively used across the packaging industry. Using Computer to Plate technology, the plate comes to be ready after sending the image from the reprographic program. Flexographic Printing Machine MarketIncrease in demand for low-cost packaging solutions for the food and beverage industry globally will indirectly lead to more demand for flexographic printing machines market. Flexographic printing machines market is used in print media, office and admin use and industrial applications due to its high speed of printing and water-based inks as well as oil-based inks. Higher initial setup cost is one of the growth restraints for the Flexographic printing machine markets.
Flexographic printing machine market is segmented by type, technology, printable substance, application, and region. On the basis of printable substance, polyethylene dominates the printable substance market in North America due to the high sustainability, easy availability, and flexibility of the material. Based on application, the print media segment is estimated to hold the largest market share followed by packaging in the global flexographic printing machine market over the forecast period.
Asia Pacific is expected to hold the highest market share followed by North America and Europe in the global flexographic printing machine market. Rise in income and an increase in urbanization in these countries, consumers are more likely to purchase packaged foods at retail stores in comparison to fresh foods from local outdoor markets.
Some of the key players in the flexographic printing machine market are Aim Machintechnik Pvt. Ltd., Bobst Group SA, Comexi, Edale UK Limited, Heidelberger Druckmaschinen AG, Koenig & Bauer, Mark Andy Inc., MPS Systems B.V., Nilpeter A/S, OMET, Palm Paper Machine, and Rotatek.
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The Scope of the Flexographic Printing Machine Market
Global Flexographic Printing Machine Market by Type
• Stack Press
• In-line Press
• Common Impression Cylinder Press
Global Flexographic printing Machine Market by Technology
Global Flexographic printing machine market by Printable Substance
Global Flexographic Printing Machine Market by Application
• Print Media
Key Players operating in the Flexographic Printing Machine Market
• Aim Machintechnik Pvt. Ltd.
• Bobst Group SA
• Edale UK Limited
• Heidelberger Druckmaschinen AG
• Koenig & Bauer
• Mark Andy Inc.
• MPS Systems B.V.
• Nilpeter A/S
• Palm Paper Machine
• R.K. LABEL PRINTING MACHINERY (P) LTD
• Wolverine Flexographic LLC
• Printing Machine.co.in.
• Star Flex International
• Edale UK Limited
• Polygraph Limited
• Shanghai Printyoung International Industry Co.
• Shanghai Liu Xiang General Equipments Co.
• Dongguang Xinghui Carton Machinery Co.
• Ruian Husong Printing Machinery Co.
• Wenzhou Daba Machinery Co., Ltd.
• Zhejiang Hexiang Printing Machinery Co.
• Wenzhou Hero International Trade Co.
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