Flexographic Printing Machine Market by Application and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR46470
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The flexographic printing machine market size has the potential to grow by USD 451.70 million during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 6.14%. 

This report provides a detailed analysis of the market by application (flexible packaging, print media, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Barry-Wehmiller Group Inc.
  • BFM Srl
  • Bobst Group SA
  • Comexi Group Industries SAU
  • Edale Ltd.
  • Heidelberger Druckmaschinen AG
  • Koenig & Bauer AG
  • Mark Andy Inc.
  • Nilpeter AS
  • OMET Srl

 

The flexographic printing machine market is fragmented and the vendors are deploying growth strategies such as investing heavily in R&D activities to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as benefits associated with flexographic printing to achieve growth opportunities. However, factors such as the availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the flexographic printing machine market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This flexographic printing machine market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Flexographic Printing Machine Market: Key Drivers and Trends

  • The several benefits associated with flexographic printing is increasing its popularity among end-users.
  • The high production speed and low cost of the inks used for flexographic printing make it economical and allow the printing of large orders in short lead times.
  • The flexographic printing technology does not require adjustments and restructuring in the middle of jobs and can print millions of images without any discrepancies.
  • The benefits of flexographic printing machines will increase its applications such as printing kitchenware labels, chemical labels, toiletries, health information labels, and apparel.
  • The increasing popularity of flexo-digital hybrid label printing solutions is a key flexographic printing machine market trend.
  • Printing companies are increasingly opting for flexo-digital hybrid label printing solutions which allows them to either run flexography or digital printing or a combination of both.
  • By combining the benefits of both types of printing technology, these systems help printing companies to increase their productivity and enhance printing quality.

 

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Flexographic Printing Machine Market: Segmentation by Geography

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28% of the market’s growth will originate from Europe during the forecast period. Germany and Italy are the key markets for flexographic printing machines in Europe. Market growth in this region will be faster than the growth of the market in North America.

The increase in production and consumption of flexible packaging products is one of the prime factors that will facilitate the flexographic printing machine market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Flexographic Printing Machine Market: Segmentation by Application

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The flexographic printing machine market for the packaging industry is principally driven by the growing popularity of flexible packaging. The growing shift toward the consumption of easy-to-cook food products and beverages increases the demand for flexible packaging. This is expected to drive the demand for flexographic printing machines during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the flexographic printing machine market size. Fetch actionable market insights on the post-COVID-19 impact on each segment.   

 

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Flexographic Printing Machine Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive flexographic printing machine market growth during the next five years
  • Precise estimation of the flexographic printing machine market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the flexographic printing machine industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of flexographic printing machine market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five Forces Analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Flexible packaging - Market size and forecast 2019-2024
    • Print media - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Application

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • APAC - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Barry-Wehmiller Group Inc.
    • BFM Srl
    • Bobst Group SA
    • Comexi Group Industries SAU
    • Edale Ltd.
    • Heidelberger Druckmaschinen AG
    • Koenig & Bauer AG
    • Mark Andy Inc.
    • Nilpeter AS
    • OMET Srl

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The flexographic printing machine market growth will increase by $451.70 million during 2019-2024.
    The flexographic printing machine market is expected to grow at a CAGR of 6.14% during 2019-2024.
    Technavio has segmented the flexographic printing machine market by application (Flexible packaging, Print media, and Others) and geographic (Europe, North America, APAC, South America, and MEA).
    Barry-Wehmiller Group Inc., BFM Srl, Bobst Group SA, Comexi Group Industries SAU, Edale Ltd., Heidelberger Druckmaschinen AG, Koenig & Bauer AG, Mark Andy Inc., Nilpeter AS, OMET Srl are a few of the key vendors in the flexographic printing machine market.
    Europe will register the highest growth rate of 28.03% among the other regions. Therefore, the flexographic printing machine market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the flexographic printing machine market growth are:
    • High demand volumes from the packaging industry
    The flexographic printing machine market vendors should focus on grabbing business opportunities from the flexible packaging segment as it accounted for the largest market share in the base year.
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