Flexography (often abbreviated to flexo) is a form of printing process which utilizes a flexible relief plate. It is essentially a modern version of letterpress which can be used for printing on almost any type of substrate, including plastic, metallic films, cellophane, and paper. It is widely used for printing on the non-porous substrates required for various types of food packaging (it is also well suited for printing large areas of solid colour).
Scope of the Report:
This report focuses on the Flexographic Printing Machine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In the coming years there is an increasing demand for Flexographic Printing Machine in the regions of North America and Europe that is expected to drive the market for more advanced Flexographic Printing Machine. Increasing of flexible packaging fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Flexographic Printing Machine will drive growth in North America and Europe markets.
Globally, the Flexographic Printing Machine industry market is low concentrated as the manufacturing technology of Flexographic Printing Machine is relatively matures than some high-tech equipment. And some enterprises, like BOBST, PCMC, Heidelberger Druckmaschinen AG, Mark Andy, etc. are well-known for the wonderful performance of their Flexographic Printing Machine and related services. At the same time, Europe, occupied 45.75% production market share in 2016, is remarkable in the global Flexographic Printing Machine industry because of their market share and technology status of Flexographic Printing Machine.
The consumption volume of Flexographic Printing Machine is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Flexographic Printing Machine industry may not keep that fast. But it is surely forecasted that the market of Flexographic Printing Machine is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Flexographic Printing Machine market to approach these areas. QYR analysis of the Flexographic Printing Machine market indicated that Europe would account for the highest sales in 2022 with close to 29 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Flexographic Printing Machine is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Flexographic Printing Machine and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The worldwide market for Flexographic Printing Machine is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 1000 million US$ in 2023, from 880 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Heidelberger Druckmaschinen AG
Lohia Corp Limited
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Central Impression Type