Flexographic Printing Plates Market Updates

Global Flexographic Printing Plates Market size was valued at USD 0.8 billion in 2023 and is poised to grow from USD 0.86 billion in 2024 to USD 1.51 billion by 2032, growing at a CAGR of 7.3% during the forecast period (2025-2032).

The market for flexographic printing machines appears to be moderately fragmented and competitive. Few of the top players today control a large portion of the market. These major firms, who hold a sizable market share, want to increase their consumer base in other nations. To increase their market share and boost their profitability, these businesses are utilizing strategies to improve their connection. 'DuPont de Nemours, Inc. (USA) ', 'Kodak (USA) ', 'Esko (Belgium) ', 'MacDermid Graphics Solutions (USA) ', 'Asahi Photoproducts (Japan) ', 'Toray Industries, Inc. (Japan) ', 'Toyobo Co., Ltd. (Japan) ', 'Fujifilm Holdings Corporation (Japan) ', 'Anderson & Vreeland, Inc. (USA) ', 'Flexographic Solutions LLC (USA) ', 'Harper Corporation of America (USA) ', 'Rossini S.p.A. (Italy) ', 'Techkon GmbH (Germany) ', 'Zecher GmbH (Germany) ', 'Apex International (Netherlands) ', 'Trelleborg AB (Sweden) ', 'Toyo Ink Group Co., Ltd. (Japan) ', 'Daetwyler SwissTec AG (Switzerland)'

Flexographic printing plates offer smooth solids, fine vignettes, and high-consistent quality prints on all frequently used substrates. Increasingly people are becoming aware of sustainable options and are using environmental packaging, which has increased demand for flexographic printing plates.

Flexographic Printing to Gain Popularity across Numerous End Use Industries due to its Safe and Sustainable Properties: Flexographic printing uses non-toxic inks and dries quickly. It is now feasible for printing on food packaging due to these considerations. It can be applied to disposable cups and containers as well as packaging like milk cartons, food and beverage containers, and food and beverage containers. Flexography can be used to print medicine packaging and other medical supplies since the correct ink makes it food-safe. It can be applied to cardboard packaging, plastic, foil wrappers, and sanitary bags. It is the ideal technique for printing on the brown corrugated boxes used in shipping and storage businesses since it can print on a wide range of substrates and surfaces. Flexographic printing is useful when printing on rolls of material used for plastic and paper bags since it may be done on flexible, non-rigid materials. It is the ideal option for commercial converters who produce printed plastic and paper bags.

In terms of market size, North America will lead the worldwide flexographic printing plate market in 2021. Increased demand for printing plates across a variety of end-user industries is the result of growing demand for a variety of print goods and technological advancements in printing plates.