According to the new market research report “Flexographic Printing Plate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Flexographic Printing Plate market size is projected to reach USD 2.09 billion by 2030, at a CAGR of 5.9% during the forecast period.
- Global Flexographic Printing Plate MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Flexographic Printing Plate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Flexographic Printing Plate Top8Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Flexographic Printing Plate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Flexographic Printing Plate include DuPont, Flint, Element Solution, Toray, Asahi Kasei, etc. In 2023, the global top four players had a share approximately 79.0% in terms of revenue.
Flexographic printing plate is flexible Digital Flexographic Plates plates, used in flexo printing to transfer ink & images to a flexible substrate, such as paper or film.
The flexographic printing plate market is driven by the growing demand for flexible packaging in industries like food and beverage, pharmaceuticals, and consumer goods. Flexographic printing offers high-speed production, cost-efficiency, and the ability to print on various substrates, making it ideal for packaging applications. The shift towards sustainable packaging materials has further boosted the demand for flexographic printing plates, as they enable high-quality printing on eco-friendly substrates such as biodegradable films and recycled paper.
One of the key challenges facing the flexographic printing plate market is the high initial cost of plate production and the need for skilled labor to operate and maintain the printing equipment. The precision required in the plate-making process can lead to increased production costs, particularly for small and medium-sized enterprises (SMEs). Additionally, the growing adoption of digital printing technologies, which offer faster turnaround times and lower setup costs for short print runs, poses a competitive threat to the traditional flexographic printing market.
About The Authors
Zhang Xiao - Lead Author |
Email: zhangxiao@qyresearch.com |
Zhang Xiao is a market senior analyst specializing in medical device, pharma, Lab consumable. Zhang Xiao has 8 years’ experience in medical device and pharma market analysis, and focuses on medical device and consumables (imaging equipment, medical consumables, wearable medical equipment, medical robots, home care equipment, dental equipment, implant equipment, operating room equipment, in vitro diagnostics, etc.) and drugs (API, finished drugs, patented drugs, blood products , vaccines, etc.) . She is engaged in the development of technology and market reports and is also involved in custom projects. |
About QYResearch
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