PUBLISHER: Grand View Research | PRODUCT CODE: 1554133
PUBLISHER: Grand View Research | PRODUCT CODE: 1554133
The global flexographic printing machine market size was estimated at USD 2,828.5 million in 2023 and is anticipated to grow at a CAGR of 6.0% from 2024 to 2030. The global flexographic printing machine market is primarily driven by the growing demand for high-quality, cost-effective packaging solutions. Flexographic printing, known for its efficiency and versatility, is becoming a preferred choice for producing a wide range of materials, including flexible packaging, labels, and cartons.
The rise of e-commerce has increased the need for customized and aesthetically appealing packaging, which flexographic printing can efficiently provide. The flexibility of the process in printing on various substrates, from plastic to paper, also supports its expansion in diverse industries. The continual improvements in ink formulations and press technology are helping to reduce operational costs and improve environmental sustainability, making flexographic printing an attractive option for manufacturers worldwide.
Global Flexographic Printing Machine Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global flexographic printing machine market on the type, product, end use, and region: