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The global pre print flexo presses market size was valued at US$ 97.3 Mn in 2018 and is projected to reach US$ 128.2 Mn by the end of 2026, exhibiting a CAGR of 4.06%.
The global pre-print flexo presses market is anticipated to grow during the forecast period, owing to the increasing demand from end-use industries mainly E-commerce and food & beverages. Increasing demand for high-quality graphics in a cost-effective daily production environment and new packaging applications is expected to drive the global pre-print flexo presses market. Owing to the customer’s demand for preprint flexo presses machines, players are majorly investing in research and development activities and focusing on upgradation the existing technology to enhance the productivity and efficiency in printing activity.
A significant trend is observed in pre-print flexo presses market owing to the increase in high-quality multi-color printing and designs on cartons and corrugated boxes. As a result, the technologically driven pre-print flexo machine i.e. CI machine have a significant demand in the corrugation industry and have the highest share in 2018.
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"Increase in the production of corrugated boxes is driving market"
There has been a tremendous shift in consumers buying preferences as they prefer to buy through E-commerce retail stores platform. Therefore, many companies are immensely focusing on continuous improvement in the corrugated box packaging and printing to recognize the new trends and consumer’s preferences. Rising demand for corrugated boxes is expected to propel growth in the pre print flexo presses market during the forecast period 2019 – 2026.
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"Increasing Production of Corrugated Boxes Across Corrugated Plants in North America Influencing The Growth Of The Market"
North America was anticipated to hold the highest market share in 2018, owing to a large number of corrugated plants compared to other regions. As a result, it is being observed that the pre-print flexo machines are majorly being installed in these plants in 2018. Furthermore, with the growth of the e-commerce and consumer goods industry, and mainly the presence of the strong and the prominent players, North America is considered to be the strongest region for pre-print flexo presses market.
Asia Pacific is projected to grow significantly over the forecast period, mainly due to the growing demand for corrugated printing. Moreover, the local Chinese players are manufacturing the pre-print presses and are providing these machines at low cost compared to the cost provided by the prominent players such as Bobst, Mark Andy, etc. As a result, the printing industry across developing countries such as China and India are witnessing more opportunities to prevail in the pre-print flexo presses market during the forecast period.
North America Pre Print Flexo Presses Market, 2018
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The report provides qualitative and quantitative insights on the pre-print flexo presses market and detailed analysis of market size & growth rate for all possible segments in the market. The market has been segmented by type and geography. By type, the pre-print flexo presses market is categorized into central impression flexo, stack flexo, and inline flexo. Geographically, the market is segmented into five major regions, namely North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further categorized into countries.
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Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are the price trend analysis, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, SWOT analysis, and key industry trends.
· Central Impression Flexo
· North America (USA and Canada and Rest of North America)
· Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Fortune Business Insights says that the value of the global Pre Print Flexo Presses Market was US$ 97.3 Mn in 2018
The Pre Print Flexo Presses Market is projected to reach US$ 128.2 Mn by 2026
The Pre Print Flexo Presses Market will grow at the rate of 4.06% CAGR