Printing plates are specialized tools used in the printing industry to transfer images, text and designs onto various substrates, including paper, fabric, plastic and metal. These plates are essential components in a wide array of printing processes, particularly in commercial and industrial applications.
The printing plates market consists of sales, by entities (organizations, sole traders and partnerships), of printing plates that are used by printing companies, packaging manufacturers and other industries that require high-quality, large-scale printing. Printing plates are typically made of materials such as aluminum, polyester or photopolymer and are customized based on the printing technique to achieve the desired image quality and durability.
The global printing plates market was valued at $12,928.87 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 2.00%.
Increasing Promotional And Advertising Activities
During the historic period, the rise in promotional and advertising activities propelled the growth of the printing plates market. Promotional and advertising activities refer to efforts aimed at increasing awareness, interest and sales of products or services through various marketing strategies and communication channels. The increasing promotional and advertising activities are due to several factors, such as increasing competition, the need for brand differentiation, advances in digital marketing technologies and a growing emphasis on reaching target audiences through multiple channels. Printing plates are used in promotional and advertising activities to create high-quality, consistent print materials such as brochures, posters and flyers. For instance, in November 2023, according to an article published by the Advertising Association, a UK-based trade association for advertisers, agencies, media and research services, advertising exports increased by 15.5% from 2021 to 2022, reaching a total of $20.28 billion. Therefore, the rise in promotional and advertising activities drove the growth of the printing plates market.
Advancements In Sustainable Printing Plates To Enhance Sustainability And Efficiency
Major companies operating in the printing plates market are focusing on developing advanced sustainable flexo plate materials to enhance environmental performance and meet the growing demand for eco-friendly solutions. Eco-friendly and sustainable printing plates refer to plates designed with materials and processes that minimize environmental impact, reduce waste and use fewer harmful chemicals. For instance, in May 2024, XSYS, a Germany-based provider of flexographic printing plates, launched the Nyloflex Eco Flexo Plate Series. The plates incorporate 19-29% renewable raw materials in their polymer layer, aligning with the industry's shift towards more environmentally friendly practices. They also provide a 20% reduction in processing time, which enhances productivity while lowering energy and solvent consumption.
The global printing plates market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 12.0% of the total market in 2023.
Printing Plates Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global printing plates market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for printing plates? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The printing plates market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider printing plates market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by sales channel and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the printing plates market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by sales channel and by application in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking Briefs on the financials comparison between major players in the market.
- Competitive Dashboard Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for printing plates providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Analog Printing Plates; Digital Printing Plates; Flexographic Printing Plates
- 2) By Sales Channel: Direct Channel; Indirect Channel
- 3) By Application: Food And Beverage; Garment; Automotive; Other Applications
- Companies Mentioned: TOYOBO Group; Eastman Kodak Company; DuPont de Nemours, Inc.; Asahi Photoproducts (subsidiary of Asahi Kasei Corp); Toray Industries
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia.
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; printing plates indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.