Flexographic Printing Technology Market: Global Industry Analysis and Forecast 2016 - 2026
Flexography (abbreviated as flexo) is a form of rotary web letterpress, combining features of both rotogravure printing and letterpress which utilizes a flexible relief plate for printing.
Flexography (abbreviated as flexo) is a form of rotary web letterpress, combining features of both rotogravure printing and letterpress which utilizes a flexible relief plate for printing.
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<strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong>: <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong><br />
<strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2026</strong><br />
Persistence <strong>Market</strong> Research<br />
<strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong>:<br />
<strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong><br />
- <strong>2026</strong><br />
Persistence <strong>Market</strong> Research 1
<strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong>: <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong><br />
<strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2026</strong><br />
Persistence <strong>Market</strong> Research Released New <strong>Market</strong> Report on “<strong>Flexographic</strong> <strong>Printing</strong><br />
<strong>Technology</strong> <strong>Market</strong>: <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2026</strong>”.<br />
Introduction:<br />
Flexography (abbreviated as flexo) is a form of rotary web letterpress, combining features of<br />
both rotogravure printing <strong>and</strong> letterpress which utilizes a flexible relief plate for printing.<br />
<strong>Flexographic</strong> printing is primarily used for printing metallic films, plastic, cellophane <strong>and</strong> other<br />
non-porous substrate which are required for various types of packaging <strong>and</strong> is well suited for<br />
solid colour large area printing application. Its widespread adoption is mainly attributed to two<br />
main reasons which are simple printing operation <strong>and</strong> easy adaptation to the use of waterbased<br />
inks. The major operations carried out during flexographic printing are image preparation,<br />
platemaking, printing <strong>and</strong> finishing.<br />
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<strong>Global</strong> <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong> Dynamics<br />
The market of global flexographic printing technology is anticipated to be driven by increase in<br />
the dem<strong>and</strong> for low cost packaging solutions primarily for food & beverage industry. Moreover,<br />
technological advancements in flexographic printing technology such as high quality digital<br />
flexographic plates <strong>and</strong> printing software optimization is mainly driving the consumer preference<br />
towards flexographic printing solutions. Besides this, flexographic printing process offers<br />
complete product at the end of the process as it includes varnishing, die cutting, lamination,<br />
embossing, foiling, etc. which has significantly impacted the growth of the market <strong>and</strong> is<br />
anticipated to be the major growth driver during the forecast period.<br />
<strong>Global</strong> <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong> Segmentation<br />
The global <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> market is segmented on the basis of type of<br />
application such as packaging, product label, corrugated print, cardboard boxes, <strong>and</strong> other<br />
products. Among applications, corrugated print segment is expected to hold the largest market<br />
share followed by packaging in the global flexographic printing technology market over the<br />
forecast period. The global flexographic printing technology market is also segmented on the<br />
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<strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong>: <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong><br />
<strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2026</strong><br />
basis of end-use industries such as food & beverage, pharmaceutical, advertising <strong>and</strong><br />
household. Under end-use industries, food & beverage segment is expected to hold the highest<br />
market share during the forecast period in the global flexographic printing technology market.<br />
<strong>Global</strong> <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, the <strong>Global</strong> flexographic printing technology market is segmented by six major<br />
regions which include North America, Latin America, Western <strong>and</strong> Eastern Europe, Asia-Pacific<br />
excluding Japan (APEJ), Japan, <strong>and</strong> Middle East & Africa. The adoption of flexographic printing<br />
solutions in various regions is primarily attributed to various factors namely training, consumable<br />
costs, <strong>and</strong> changing perceptions about the flexographic printing process —mainly quality<br />
concerns. By region, North America is expected to hold highest market share followed by<br />
Europe in the global flexographic printing technology market. However, global growth<br />
opportunities mainly lies in the emerging markets where flexographic printing technology is not<br />
currently dominant. Rising income <strong>and</strong> increasing urbanization in these countries, consumers<br />
are more likely to purchase packaged foods at retail stores in comparison to fresh foods from<br />
local outdoor markets.<br />
<strong>Global</strong> <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong> <strong>Market</strong> Players<br />
The major players identified across the value chain of global <strong>Flexographic</strong> <strong>Printing</strong> <strong>Technology</strong><br />
market include BOBST, SOMA Engineering, Uteco Group, Focus Label Machinery,<br />
Consolidated Label Co, Flint Group, <strong>Flexographic</strong> <strong>Printing</strong> Plate Co., Inc., de Elliotte Co Inc.,<br />
Ligum, 3M <strong>and</strong> others. The companies are emphasizing on research & development <strong>and</strong> new<br />
product development in order to maintain the competitive advantage in global flexographic<br />
printing technology market during the forecast period. In order to meet the increasing dem<strong>and</strong><br />
of printing seamless motives <strong>and</strong> high resistance to solvent, companies all over the world are<br />
focusing towards the development of sleeves types <strong>and</strong> rollers in order to exp<strong>and</strong> their product<br />
portfolio <strong>and</strong> increase global footprint. The companies are also focusing on different strategies in<br />
order to maintain the market share in the global flexographic printing technology market.<br />
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Regional analysis includes:<br />
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• Middle East & Africa<br />
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<strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2026</strong><br />
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