Showing posts with label Flexographic Printing Plate market. Show all posts
Showing posts with label Flexographic Printing Plate market. Show all posts

Saturday, May 6, 2023

Global Flexographic Printing Plate Market Size To Grow with a CAGR of 4.7% 2022-2029

 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.


Flexographic printing plates are flexible photopolymer plates, used in flexo printing to transfer ink & images to a flexible substrate, such as paper or film. The printing plates are a critical element of the flexographic printing process and the quality of the printed image is largely dependant on the quality of the flexo plates used.


The flexo process itself is well known for adapting to print onto all types of flexible substrates and the plates can be used & re-used over millions of impressions. 

The plate surface is the only area that comes into contact with the substrate after the ink is applied to the plate. The etched or relieved areas do not contact the ink. Originally, flexo plates were made from rubber, but are today made from photopolymer material in sheet form – which differentiates them from the fixed metallic printing plates of offset printing. The plates are flexible enough to be wrapped around cylindrical print/plate rollers.


According to our (Global Info Research) latest study, the global Flexographic Printing Plate market size was valued at USD 1261.2 million in 2022 and is forecast to a readjusted size of USD 1734.8 million by 2029 with a CAGR of 4.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Global flexographic printing plate main manufactuers include DuPont, Flint and Element Solution, totally accounting for about 70% of the market. North America is the largest market, holding a share about 45%.In terms of product, digital flexographic Plates is the largest segment, with a share over 75%. And in terms of application, the largest application is flexible packaging, followed by corrugated.


This report is a detailed and comprehensive analysis for global Flexographic Printing Plate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.


This report profiles key players in the global Flexographic Printing Plate market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include DuPont, Flint, Element Solution, Toray and Asahi Kasei, etc.