Market Research Report
Flexographic Printing Machine - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||946999|
|Published||Content info||156 Pages
Delivery time: 2-3 business days
|Flexographic Printing Machine - Global Market Outlook (2019-2027)|
|Published: July 1, 2020||Content info: 156 Pages||
According to Stratistics MRC, the Global Flexographic Printing Machine Market is accounted for $1,738.88 million in 2019 and is expected to reach $2,877.84 million by 2027 growing at a CAGR of 6.5% during the forecast period. Some of the key factors propelling the market growth are increasing demand for packaging and growing popularity of advertisement boards. However, the requirement of high initial capital is the restraining factor for the growth of the market.
Flexography printing is a technique which utilizes a flexible relief plate. It can be viewed as a modern version of letterpress which can be used for printing on almost any type of substrate. It is broadly used for printing on the non-porous substrates required for various types of food packaging.
By end-user, the food & beverage segment is expected to grow at a significant market share during the forecast period owing to the high requirement of packaging solutions. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the growing e-commerce industry and logistic sector in the region.
Some of the key players in Flexographic Printing Machine Market include: Heidelberger Druckmaschinen AG, Lohia Corp Limited, Nilpeter, KBA-Flexotecnica S.p.A., Rotatek, Mark Andy, WINDMOELLER HOELSCHER, Taiyo Kikai, Comexi, Weifang Donghang, PCMC, UTECO, BOBST, XI'AN AEROSPACE-HUAYANG, and Ekofa.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.