New York, According to a new market research report published by Global Insight Services “Flexographic Printing Plates Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Flexographic printing plates are thin, flexible sheets of material that are used in a flexographic printing press to transfer an image onto a substrate. The plates are typically made of rubber or polymer and are etched with an image that is negative of the final print. The plates are mounted on a cylinder on the printing press and the substrate is wrapped around the cylinder. As the cylinder rotates, the image is transferred onto the substrate.
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Key Trends
There are several key trends in flexographic printing plates technology. One is the development of digital plates. This has allowed for a more efficient and accurate process, as well as a higher quality final product.
Additionally, there has been a trend towards using thinner plates. This helps to reduce costs and increase efficiency.
Finally, there has been a trend towards using more environmentally friendly plates. This helps to reduce the impact of the printing process on the environment.
Key Drivers
The key drivers of the Flexographic Printing Plates market are the increasing demand for flexible packaging, the growing popularity of flexography as a printing technology, and the increasing availability of high-quality flexographic printing plates.
Flexible packaging is becoming increasingly popular due to its many advantages over traditional rigid packaging, such as its lighter weight, lower shipping costs, and greater flexibility in terms of design and shape. Flexography is a printing technology that is well-suited to printing on flexible substrates, and is therefore the preferred printing technology for many flexible packaging applications.
High-quality flexographic printing plates are essential for achieving high-quality print results on flexible packaging. The increasing availability of high-quality flexographic printing plates is therefore a key driver of the Flexographic Printing Plates market.
Market Segmentation
The Flexographic Printing Plates Market is segmented by type, design, application, and region. By type, the market is divided into thermal plates, solvent based, and coating based. By design, the market is divided into rounded top and flat top. By application, the market is bifurcated into package printing, paper substrate printing, tag and labels, quality flexography, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Flexographic Printing Plates Market are DuPont, Flint, MacDermid, Toray, Kodak, Fujifilm, Asahi Kasei, Toyobo, KIVI Markings and Trutech Machinery.
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Reasons to buy Flexographic Printing Plates Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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