Flexographic Printing Market: The Engine behind Packaging Evolution

The Flexographic Printing Market is projected to grow from USD 8.7 billion in 2023 and is expected to reach USD 10.6 billion by 2028, growing at a CAGR of 4.1% from 2023 to 2028.

Flexographic printing is the most popular technology for packaging printing, and the increasing growth of the packaging industry is also propelling the growth of the flexographic printing market. The growth of the packaging industry can be attributed to growing trends such as booming e-commerce and online shopping, due to which there has been a surge in demand for packaging material to protect and deliver the products.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153468364

Flexographic Printing Market

Major players in the flexographic printing market include Bobst (Switzerland), Mark Andy Inc. (US), Nilpeter A/S (US), Amcor Plc (Australia), Windmöller & Hölscher (Germany), Heidelberger Druckmaschinen AG (Germany), MPS Systems B.V. (Netherlands), Aim Machinetechnik Pvt. Ltd (India), Rotatek (Spain), Koenig & Bauer AG (Germany) and Comexi (Spain). New product launches, collaborations, and acquisitions were the key strategies adopted by the players in the flexographic printing market ecosystem to enhance their product portfolios, increase their market share, and expand their presence in the flexographic printing market.

Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=153468364

For instance, in August 2022, Windmöller & Hölscher (W&H) launched the VISTAFLEX II, which is a CI flexographic press with wide-web press that could run jobs 24/7 with a speed of up to 800 m/min (2,620 ft/min) with quick and easy job changeovers. Moreover, this version has been launched with technical upgradation and a modern look.

In June 2023, Mark Andy Inc. (US) and Lemu Group (Spain) introduced a partnership to offer Mark Andy Inc. an automation and inline roll-finishing flexo and digital press technology. The collaboration offers label converters the MA-GTU automatic turret plus additional automation with “unwind to palletizer” printing and converting solutions.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/flexographic-printing-market-153468364.html

Bobst is one of the leading machinery and equipment providers for the packaging and label industries. It develops and manufactures equipment to produce folding cartons, corrugated boards, flexible materials, and labels. The company offers a wide range of products and services that cater to the needs of packaging manufacturers and converters. The company product portfolio includes flexographic and gravure printing presses, laminators, die-cutters, folder-gluers, and other related equipment. It also caters to customers in various regions, including Europe, North America, Latin America, Asia-Pacific, the Middle East, and Africa. It focuses on innovation and to strengthen its products portfolio and invests significantly in research and development activities. Additionally, the company is committed to reducing its environmental impact and promoting sustainable practices within the packaging industry.

Mark Andy, Inc. is a well-known manufacturer of printing and converting equipment for the label and packaging industry. The company provides solutions for label printing, flexible packaging, and converting applications. It offers a wide range of printing and converting equipment. The product portfolio includes flexographic and digital label presses, hybrid printing solutions that combine flexo and digital technologies, rotary screen presses, converting equipment, and various accessories and consumables for label and packaging production. Mark Andy Inc. serves its customers across various regions such as North America, Europe, and Asia Pacific, and has been expanding its reach to meet the increasing demand for printing and converting solutions.

News Covered:

https://www.prnewswire.com/news-releases/flexographic-printing-market-worth-10-6-billion-by-2028---exclusive-report-by-marketsandmarkets-301923180.html   

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Trends Shaping the Environmental Test Chambers Market

The   Environmental Test Chambers Market Size  is expected to rise steadily; estimates show that it will reach USD 938 million by 2024 from USD 842 million in 2019, a compound annual growth rate (CAGR) of 2.18%. The most recent market research report outlines this growth trajectory and highlights the several variables that are driving this expansion. A variety of industrial verticals, including aerospace and defence, automotive, telecommunications, and electronics, are served by the market's segmentation based on type, which includes temperature and humidity chambers, customised chambers, and thermal shock chambers. Over the course of the forecast period, factors like strict regulatory requirements, rising need for dependable testing solutions, and technical developments in environmental testing equipment are anticipated to drive market expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107895228 The environmental test chambers market is pro
Read more

Microwave Revolution: Unraveling the Monolithic Microwave IC Market

Image
The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Circuits
Read more

Innovation Unleashed: RF Gallium Nitride Market Role in Emerging Technologies

Image
With a projected value of USD 2.8 billion by 2028, the global   RF Gallium Nitride (GaN) Market   is expected to experience substantial expansion from its estimated USD 1.3 billion in 2022. Over the course of the projected period, this forecast indicates a strong Compound Annual Growth Rate (CAGR) of 12.9%. The growing use of RF GaN devices in aerospace, defence, and military applications is driving up demand for them. GaN's commercial appeal is further enhanced by its appropriateness for Radio Frequency (RF) applications, which propels its wider adoption. With the growing need for sophisticated and high-performing RF semiconductor devices, the RF GaN Market is leading the way and is expected to grow significantly in the upcoming years.  Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597   Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US), Infineon Technolo
Read more