Leading Flexographic Printing Companies Making Waves in the Industry

From an anticipated $8.7 billion in revenue in 2023, the global Flexographic Printing Market Size is predicted to rise at a 4.1% compound annual growth rate (CAGR) to reach $10.6 billion by 2028.

Pune, 09/05/2024 (informazione.it - comunicati stampa - scienza e tecnologia)

Industry projections indicate that the Flexographic Printing Market Size is expected to increase significantly in the upcoming years. The market is projected to grow from its estimated value of USD 8.7 billion in 2023 to USD 10.6 billion by 2028, representing a 4.1% Compound Annual Growth Rate (CAGR) over the course of the forecast period.

The aforementioned growth trend highlights the growing use of flexographic printing technologies in many areas, mostly due to their affordability, adaptability, and ecological sustainability. The flexographic printing industry is anticipated to grow steadily as long as industries prioritise effective and superior printing solutions. This market will serve a wide range of applications, from labels to packaging and more.

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The packaging industry's growth trajectory is directly linked to the rise of flexographic printing, which is the industry's leading technology in the field of packaging printing. The growing popularity of online shopping and e-commerce is largely responsible for the expanding packaging industry. Demand for packaging materials has increased in tandem with consumers' shifting reliance on digital platforms for their shopping needs in order to guarantee the safe and effective delivery of goods. This spike in demand is one of the main factors propelling the flexographic printing market's expansion as producers look for effective and adaptable printing solutions to satisfy the changing demands of the packaging sector.

Major players in the flexographic printing companies 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.

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Windmöller & Hölscher (W&H) introduced the VISTAFLEX II in August 2022, marking a major advancement in the flexographic printing industry. This state-of-the-art CI flexographic press has a wide-web setup that can run jobs continuously at up to 800 m/min (2,620 ft/min), meeting the needs of contemporary production situations. The VISTAFLEX II ensures maximum production while improving operational efficiency by providing quick and easy work changeovers. Furthermore, this most recent version of the press has significant technological improvements in addition to a contemporary design, meeting industry expectations for improved flexographic printing technology performance and aesthetics.

A strategic alliance was established in June 2023 between Lemu Group (Spain) and Mark Andy Inc. (US) with the objective of promoting digital press and flexographic technology. This partnership, which combines the creative solutions of Lemu Group with the automation and inline roll-finishing know-how of Mark Andy Inc., represents a critical turning point for the industry. The MA-GTU automatic turret, which gives label converters more automation capabilities, represents the cutting edge of this collaboration. The partnership also offers "unwind to palletizer" printing and converting solutions, giving label converters complete and efficient printing procedures. This collaboration, which makes use of both businesses' capabilities, has the potential to completely change the flexographic and digital press industries by providing label converters with cutting-edge solutions that can adapt to the changing needs of the market.

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Renowned for its extensive selection of machinery and equipment solutions, Bobst is a major player in the label and packaging sectors. Bobst is a global packaging manufacturer and converter that specialises in the development and production of equipment for folding cartons, corrugated boards, flexible materials, and labels. The company continues to be at the forefront of technological innovation with its extensive product portfolio, which includes die-cutters, folder-gluers, laminators, and printing presses for both gravure and flexography. By maintaining a global presence and catering to customers in Europe, North America, Latin America, Asia-Pacific, the Middle East, and Africa, Bobst ensures that its state-of-the-art solutions are widely accessible. Bobst is dedicated to environmental stewardship and sustainability, and it places a high priority on minimising its ecological imprint and encouraging sustainable practices in the packaging sector. In order to maintain its position as a leader in the packaging and label industries, Bobst is committed to expanding its product line and fostering industry innovation through ongoing investment in research and development.

Prominent in the label and packaging sector, Mark Andy, Inc. is well-known for offering a wide array of printing and converting equipment solutions. With a focus on label printing, flexible packaging, and converting applications, the company provides a wide range of state-of-the-art equipment to satisfy the changing requirements of converters and manufacturers. The product line offered by Mark Andy includes digital and flexographic label presses in addition to hybrid printing solutions that combine digital and flexo technologies for more adaptability. The company also offers a variety of accessories and consumables that are specifically designed to meet the needs of label and packaging production, along with rotary screen presses and conversion equipment. Mark Andy serves a global clientele and is well-established in North America, Europe, and Asia Pacific. The company is constantly developing to keep up with the increasing demand for cutting-edge printing and converting solutions. For companies looking to streamline their label and packaging processes, Mark Andy continues to be a reliable partner because of its dedication to technology improvement and customer-centric business model.

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