North America Flexographic Printing Market Size (2024 - 2029)

The North America flexographic printing market is experiencing significant growth, driven by evolving consumer and retailer demands for diverse packaging and labeling options at economical prices. The market size is expanding due to technological advancements that enhance print quality and reduce operational costs. Automation is playing a crucial role in this growth, as it minimizes human intervention and optimizes energy and material use. The demand for advanced flexographic machines is increasing, as they offer faster turnaround times and improved recyclability of printed materials. Despite potential challenges from offset printing, the market is positively influenced by the adoption of automated machines and a higher replacement rate.

Home Market Analysis Packaging Research Packaging Printing Research North America Flexographic Printing Industry Market Size

Market Size of North America Flexographic Printing Industry

Image
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %
Market Concentration Medium

Major Players

North America Flexographic Printing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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.

Equipment
Narrow Web
Wide Web
Sheetfed
Other Equipment
Application
Flexible Packaging
Bags and Sacks
Labels
Folding Cartons
Corrugated packaging
Other Applications
Geography
North America
United States
Canada
Need A Different Region Or Segment?
Customize Now

North America Flexographic Printing Market Size Summary

The North America flexographic printing market is experiencing significant growth, driven by evolving consumer and retailer demands for more diverse and cost-effective packaging solutions. Flexography is gaining traction, particularly in corrugated packaging, due to technological advancements that enhance graphic quality. The industry is increasingly adopting automation to streamline operations, reduce energy consumption, and minimize labor waste. Innovations in make-ready and plate preparation processes are contributing to faster turnaround times, further propelling automation in the sector. The ability of advanced flexographic printing to print on various materials at high speeds is also boosting its adoption across different industries.

The demand for sustainable and innovative packaging solutions is rising, particularly in the food, cosmetics, and pharmaceutical sectors, where clear and trustworthy labeling is crucial. The growth of e-commerce in the United States and Canada is fueling the demand for corrugated packaging, which offers cost-effective protection and sustainability. The COVID-19 pandemic has impacted the industry, but major players like Barry-Wehmiller, Mark Andy, and Flint Group continue to dominate the market, focusing on expanding their global presence and leveraging strategic collaborations. Despite the competitive landscape, mid-size and smaller companies are gaining market share through technological advancements and new contracts.

Explore More

North America Flexographic Printing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Development of Advanced Equipment that Offer Shorter Turnaround Time with Greater Accuracy

      2. 1.2.2 Rapid Growth of Consumer Goods

    3. 1.3 Market Restraints

      1. 1.3.1 Offset Printing can Hinder the Growth of Flexographic Printing

    4. 1.4 Value Chain/Supply Chain Analysis

    5. 1.5 Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Equipment

      1. 2.1.1 Narrow Web

      2. 2.1.2 Wide Web

      3. 2.1.3 Sheetfed

      4. 2.1.4 Other Equipment

    2. 2.2 Application

      1. 2.2.1 Flexible Packaging

      2. 2.2.2 Bags and Sacks

      3. 2.2.3 Labels

      4. 2.2.4 Folding Cartons

      5. 2.2.5 Corrugated packaging

      6. 2.2.6 Other Applications

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

North America Flexographic Printing Market Size FAQs

The North America Flexographic Printing Market is projected to register a CAGR of 5% during the forecast period (2024-2029)

Barry-Wehmiller , Mark Andy, MPS Systems North America Inc., Flint Group and Uteco North America are the major companies operating in the North America Flexographic Printing Market.

North America Flexographic Printing Market Report Snapshots

North America Flexographic Printing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)