Category : Machinery and Equipment | Published Date : Jun 2023 | Type : Press Release
The report highlights the rising adoption of flexographic printing machines due to the increasing demand from the packaging industry to print various packaging materials namely corrugated boxes, folding cartons, flexible films, labels, and bags. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the flexographic printing machine market.
Consegic Business Intelligence provided an inclusive research report on the flexographic printing machine market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. Central Impression (CI) type segment is predicted to witness the fastest CAGR in the flexographic printing machine during the forecast period. CI flexographic presses are known for the excellent print accuracy as the central drum of the machine allows for precise control of the printing plates and substrates, resulting in superior print quality. Furthermore, modern CI presses have incorporated advanced automation features namely automatic plate mounting systems, robotic workflows, and digital controls. The automation enhancements improve operational efficiency, reduce setup times, and increase productivity, thus contributing significantly in driving the market growth.
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Report Attributes | Report Details |
By Type | Stack Type Press, Inline Type Press, Central Impression Type Press, and Others |
By Substrate | Papers, Polyethylene, Plastic film, Paperboard, and Others |
By Ink Type | Solvent-based, Water based, UV-based, and Oil-based |
By Technology | Automatic and Semi-Automatic |
By Coloring Capacity | 2 color, 4 color, 6 color and 8 color |
By Application | Printing Media, Office and Admin, and Industrial Applications |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
As per the study, the market is dominated by certain major companies such as Apex International, Energy Sciences Inc., Gallus (Heidelberg Group), and Bobst that have a strong market position in current market circumstances. The market players compete for a firm market position through mergers and acquisitions, Substrate innovations, and business strategies. Thus, evolving research and developments in the flexographic printing machine market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.