Flexographic Printing Technology Market Opportunities and Strategies to 2034

This report describes and explains the flexographic printing technology market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global flexographic printing technology market reached a value of nearly $2.55 billion in 2024, having grown at a compound annual growth rate (CAGR) of 5.13% since 2019. The market is expected to grow from $2.55 billion in 2024 to $3.56 billion in 2029 at a rate of 6.89%. The market is then expected to grow at a CAGR of 6.57% from 2029 and reach $4.89 billion in 2034.

Growth in the historic period resulted from rising demand for sustainable packaging, growing textile industry, increasing promotional and advertising activities and growth in food and beverage industries. Factors that negatively affected growth in the historic period were high initial investment costs and fluctuating raw material prices.

Going forward, expansion of retail industry, growth of the packaging industry, increasing agricultural exports and increased investment in packaging infrastructure will drive the growth. Factor that could hinder the growth of the flexographic printing technology market in the future include complexity in maintaining consistent color quality, strict environmental regulations and impact of trade war and tariff.

Asia Pacific was the largest region in the flexographic printing technology market, accounting for 37.36% or $954.5 million of the total in 2024. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the flexographic printing technology market will be Asia Pacific and North America where growth will be at CAGRs of 7.86% and 6.79% respectively. These will be followed by Eastern Europe and Africa where the markets are expected to grow at CAGRs of 6.28% and 6.07% respectively.

The global flexographic printing technology market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 13.35% of the total market in 2023. The Bobst Group SA was the largest competitor with a 2.16% share of the market, followed by Windmoeller & Hoelscher Corporation with 1.77%, Amcor plc with 1.30%, Mark Andy Inc. with 1.27%, Heidelberger Druckmaschinen AG with 1.25%, Koenig & Bauer AG with 1.21%, MPS Systems B.V. with 1.20%, DuPont de Nemours Inc. with 1.12%, Fujifilm Holdings Corporation with 1.05% and Flint Group with 1.03%.

The flexographic printing technology market is segmented by product type into inline type press, stack type press and central impression type press. The stack type press market was the largest segment of the flexographic printing technology market segmented by product type, accounting for 50.97% or $1.3 billion of the total in 2024. Going forward, the central impression type press segment is expected to be the fastest growing segment in the flexographic printing technology market segmented by product type, at a CAGR of 8.80% during 2024-2029.

The flexographic printing technology market is segmented by technology into semi automatic and automatic. The automatic market was the largest segment of the flexographic printing technology market segmented by technology, accounting for 60.39% or $1.54 billion of the total in 2024. Going forward, it is expected to be the fastest growing segment in the flexographic printing technology market segmented by technology, at a CAGR of 7.20% during 2024-2029.

The flexographic printing technology market is segmented by coloring capacity into 2 color, 4 color and 6 color and above. The 6 color and above market was the largest segment of the flexographic printing technology market segmented by coloring capacity, accounting for 47.77% or $ 1.22 billion of the total in 2024. Going forward, it is expected to be the fastest growing segment in the flexographic printing technology market segmented by coloring capacity, at a CAGR of 9.54% during 2024-2029.

The flexographic printing technology market is segmented by application into print media, office and admin and industrial applications. The industrial applications market was the largest segment of the flexographic printing technology market segmented by application, accounting for 54.25% or $1.38 billion of the total in 2024. Going forward, the print media segment is expected to be the fastest growing segment in the flexographic printing technology market segmented by application, at a CAGR of 7.87% during 2024-2029.

The top opportunities in the flexographic printing technology market segmented by product type will arise in the stack type press segment, which will gain $451.74 million of global annual sales by 2029. The top opportunities in the flexographic printing technology market segmented by technology will arise in the automatic segment, which will gain $641.39 million of global annual sales by 2029. The top opportunities in the flexographic printing technology market segmented by coloring capacity will arise in the 6 color and above segment, which will gain $704.61 million of global annual sales by 2029. The top opportunities in the flexographic printing technology market segmented by application will arise in the industrial applications segment, which will gain $583.4 million of global annual sales by 2029. The flexographic printing technology market size will gain the most in the USA at $256.41 million.

Market-trend-based strategies for the flexographic printing technology market include innovation in high-speed flexo printing machines, automation and sustainability shape the future of flexographic printing solutions, new flexo technology to boost market presence and ease of use, innovation in high-speed flexo presses enhancing packaging productivity, advanced ink supply systems drive print efficiency and sustainability and advancement in flexographic press design for performance and sustainability.

Player-adopted strategies in the flexographic printing technology market include focus on expanding operational capabilities through new launches and expanding business capabilities through strategic partnerships.

To take advantage of the opportunities, the analyst recommends the flexographic printing technology market companies to focus on high-speed flexographic printing machines to meet production demands, focus on advanced flexo press development to drive automation and efficiency, focus on advancing flexo technology to improve usability and speed, focus on advanced flexo press development for high-speed sustainable packaging, focus on advanced ink supply systems to improve print consistency and efficiency, focus on central impression type presses to capture fastest growing segment, focus on automatic flexographic printing presses to maximize growth potential, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions and focus on print media applications to capture high-growth demand.