North America Flexographic Printing Market Size (2024 - 2029)

North America Flexographic Printings Market Analysis

The North America flexographic printing market registered a CAGR of 5% over the forecast period 2021-2026. The flexographic printing market is evolving rapidly with consumer, retailer, and client demands requiring more color and design variation in packaging and labeling of the product with lower run lengths in economical price. Flexography is expected to gain the most share in the corrugated packaging driven by technological improvement resulting in higher-quality graphics.

• With the rapid development and proliferation of microcomputer and software technologies, automation in the printing sector is fueling its adoption to minimize the human intervention for leaner operation processes that require less energy, less material, and reduced labor waste. Also, advancements in make-ready and plate preparation (one of the processes in flexographic printing), which leads to faster turnaround time, is driving the automation in the industrial printing sector. Most of the equipment manufacturers are looking to deliver almost entirely harmonious solutions to operators from file preparation to finishing steps to provide a seamless experience.
• Moreover, the advanced version of letterpress can print on a variety of materials, such as films, foils, papers, corrugated board, paperboard, non-woven fabrics, and different types of laminates, at a speed of 500 to 2000 feet per minute. The industry is also experiencing high demand for advanced machines to reduce the time and expertise required for prepress, platemaking, and plate changeovers to improve the recyclability of printed labels and packages with minimum waste and set-up errors.
• For instance, Legacy Flexo Corporation has purchased the second Fusion C flexographic press manufactured by Paper Converting Machine Company (PCMC) in January 2020. The Fusion C has a smaller footprint with fewer parts and incorporates many fast make-ready and waste-saving features, including the innovative SteadyPrint technology. It is the only product on the market using this technology to eliminate disturbances and provide real-time monitoring.
• Offset printing can influence the sales of new flexographic printing machines negatively; however, the rising adoption of automated flexographic printing machines and the increasing replacement rate expected to affect market growth positively.

North America Flexographic Printings Industry Segmentation

Flexographic printing utilizes a rotary in-line printing method used for printing on almost any type of substrate, including plastic, metallic films, cellophane, and paper with a broad range of inks at a speed of 500 to 2000 feet per minute. According to LPC, flexography accounts for nearly 60%, or just more than USD 260 billion, of the USD 440 billion printed packaging market.