Flexographic Printing Machine Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Flexography is a type of printing process which is used to print on any flexible material. Flexography is a type of a rotary in-line printing that is popular because of its high speed of printing. The machines used for flexography are called flexographic printing machines. Flexographic printing machines can be used for printing on almost any type of material, including plastic, paper, metallic film, cellophane and even on corrugated surfaces. Flexographic printing machines find wide application in the area of flexible packaging used for various types of products including food and beverage products. These machines are well suited for long runs of printing such as large areas of solid color. Flexographic printing uses a broad range of inks including water-based and oil-based inks.

COVID-19 scenario analysis:

• Coronavirus has affected a wide range of construction services, which include consultancy, outsourcing, and manpower support for the building industry. The negative trends in the economy of China and India, and some developed nations are anticipated to decline growth of the global construction services industry throughout the globe.
• Demand for new construction materials have witnessed a massive negative shift since the corona outbreak in December 2019, with manufactures and investors fearing an excessively receding economic growth.
• Travel prohibitions around the globe have affected the trade of construction materials. Thus, the supply and demand for construction materials are almost halted throughout the globe.
• Construction materials manufacturing companies located in China, are the major sufferers of from the virus outbreak, owing to lockdown and unavailability of logistics in the region.
• The major hindrance for the global construction materials market comes from the orders of home quarantine by respective governments, which has led to the discontinuing of production of construction materials.
• Decreased consumer demand and consumption has led to reduction and slowdown of sales of construction materials all over the globe over the course of the current economic year.
• Therefore, the flexographic printing machine market is expected to be negatively affected in 2020.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints and Impact Analysis

Due to growth of the global packaging industry and growing application in the advertising and print media sectors, the global flexographic printing machine market is expected to continue to grow. Flexographic printing machines are used widely in print media, printing of labels and also find application in various office and admin use due to its high printing speed. Flexographic printing machines use both water-based and oil-based inks. Flexographic printing machines are used to print magazines, newspapers, books, posters, flyers, billboards, flexes, among other applications due to the high speed of printing. Flexographic printing machines are capable of printing on various surfaces. The major restraining factors of the global flexible packaging machine market is the comparatively higher initial setup cost. The growing popularity of e-books and increasing adoption of electronic media with increasing internet penetration around the world is also another major restraining factor for this market. The opportunities for growth of the global flexible packaging machine market comes from its increasing importance in the global packaging industry due to its application in the packaging of different goods across various different industries including the global food and beverage industry. Flexible packaging offers the benefits such as longer shelf life of goods, lightweight packaging, and the packaging are also easy to open and close.

The global flexographic printing machine market trends are as follows:

Growth of global print media 

The global flexographic printing machine market is expected to witness growth owing to rise of the print media worldwide. With rising global population, rapid urbanization and the increasing rate of literacy around the world, the global print media sector is also expected to grow around the world. The global literacy rate for all people aged 15 and above is 86.3% according to data collected by the UNESCO Institute for Statistics in the year 2015. Due to the factor of increased disposable income of consumers around the world, newspapers, magazines, books among other products of the global print media industry are becoming more affordable. Rising global population and urbanization are also causes behind the continued demand of print media in advertising applications worldwide. Flexographic printing machines are used widely in the advertising industry for printing of posters, flyers, billboards, flexes, among other applications. Print media, printing of labels and also find application in various office and admin use due to its high printing speed. These machines are used to print magazines, newspapers, books, labels and find application in office and admin use due to the high speed of printing. Flexographic printing machines use both water-based as well as oil-based inks and are capable of printing on various surfaces. With rising global population and increasing use in various applications in the global print media sector, the global flexographic printing machine market is expected to witness growth. 

Rising adoption of flexible packaging

The global flexographic printing machine market is expected to witness growth in tandem with the global packaging industry due to the application of these machines in flexible packaging of various goods across various different industries including the global food and beverage industry. Flexographic printing machines are used in the flexible packaging applications due to their ability to print on flexible, non-rigid materials such as plastic or paper bags. Flexible packaging is growing in popularity in the packaging industry due to the various benefits such as longer shelf life of goods, the lighter weight of the packaging, and the easy to open and close nature of the packaging. The ability of flexible packaging to extend the shelf life of products, is especially significant in the global food & beverage industry. Flexible packaging is also lightweight, thus increasing the ease with which these products can be transported and stored. Due to the high product to package ratio of flexible packaging, it also helps reduce consumer waste. The use of flexographic printing machines in flexible packaging is also important to the retail industry as it helps increase the visibility and the shelf appeal of the products. 

Key benefits of the report:

• This study presents the analytical depiction of the global flexographic printing machine industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global flexographic printing machine market share.
• The current market is quantitatively analyzed to highlight the global flexographic printing machine market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global flexographic printing machine market analysis based on competitive intensity and how the competition will take shape in coming years. 

 Flexographic Printing Machine Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights