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The flexographic printing machine global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Flexographic Printing Machine Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The flexographic printing machine market size has grown strongly in recent years. It will grow from $0.69 billion in 2023 to $0.72 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to advancements in printing technology, cost-effectiveness, increasing demand for packaging, environmental concerns, globalization, and market expansion.
The flexographic printing machine market size is expected to see strong growth in the next few years. It will grow to $0.90 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to digitalization and industry 4.0 integration, customization and personalization demands, sustainability initiatives, and emerging markets. Major trends in the forecast period include hybrid printing solutions, increased automation, and robotics, focus on operational efficiency, expansion of applications, development of sustainable inks and substrates, and integration of IoT and connectivity.
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Scope Of Flexographic Printing Machine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Flexographic Printing Machine Market Overview
Market Drivers –
The growing packaging industry is expected to propel the growth of the flexographic machines market going forward. Packaging refers to designing, producing, and distributing materials and containers for enclosing, protecting, and delivering products to consumers. The packaging industry is growing due to the rapid rise of e-commerce, changing consumer preferences, and health and safety concerns. Flexographic machines print on various packaging materials, such as paper, cardboard, plastic films, and flexible packaging materials. For instance, in August 2022, according to the Flexible Packaging Association (FPA), a US-based industry association representing manufacturers and suppliers in the flexible packaging industry, the packaging industry in the U.S. increased from $34.8 billion in 2020 to $39 billion in 2021. Therefore, the increasing packaging industry is driving the growth of the flexographic machines market.
Market Trends –
Major companies operating in the flight data monitoring market are developing advanced solutions such as flight data acquisition interface units (FDAIU) to enhance data acquisition capabilities and ensure compatibility with modern recording systems in the aviation industry. FDAIU plays a crucial role in collecting, sampling, conditioning, and digitizing analog signals representing aircraft functions to enhance data acquisition capabilities within the aviation industry. For instance, in March 2022, Flight Data Systems Pty. Ltd., a US-based company that provides flight data solutions, launched the flight data acquisition interface unit (FDAIU). This innovative solution enables operators to upgrade outdated FDRs with Flight Data Systems’ SENTRY series of recorders, efficiently modernizing flight data recording systems. This retrofit solution offers a cost-effective way for operators to modernize their flight data recording systems, contributing to enhanced data collection and analysis functionalities within the flight data monitoring sector.
The flexographic printing machine market covered in this report is segmented –
1) By Type: Stack Press , In-line Press , Unit Common Impression Cylinder Press, Other Types
2) By Technology: Semi-Automatic , Automatic
3) By Printable Substance: Polyethylene, Papers, Other Printable substances
4) By Application: Labels, Packaging, Print Media, Other Applications
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Regional Insights –
Asia Pacifica was the largest region in the flexographic printing machine market in 2023 The regions covered in the flexographic printing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the flexographic printing machine market are Bobst Group SA, Star Flex International, Shanghai Printyoung International Industry Co., Ltd., Wenzhou Daba Machinery Co., Ltd., BFM S.r.l. , Paper Converting Machine Company (PCMC), Koenig & Bauer Flexotecnica S.p.A., UTECO Converting S.p.A., Comexi Group Industries S.A.U., Mark Andy Inc., MGI Digital Graphic Technology S.A., Nilpeter A/S, Rotatek S.A., Karlville Development LLC, Edale Limited, OMET S.r.l., Labelmen Machinery Co., Ltd., Polygraph Limited, Advanced Vision Technology Ltd. (AVT), ETI Converting Equipment Inc., MBO Postpress Solutions GmbH, SPS Technoscreen Ltd., TRESU Group, Orthotec LLC, Pamarco Global Graphics
Table of Contents
1. Executive Summary
2. Flexographic Printing Machine Market Report Structure
3. Flexographic Printing Machine Market Trends And Strategies
4. Flexographic Printing Machine Market – Macro Economic Scenario
5. Flexographic Printing Machine Market Size And Growth
…..
27. Flexographic Printing Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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