Flexographic Printing Machines Market size is valued at USD 2,146.9 million in 2021 and is expected to grow at a prominent growth rate 6.5% during the forecast period 2022 to 2028. The global market provides a detailed overview of the global Flexographic Printing Machines market, and that can be segmented by Machine Type, by Coloring Capacity, by Technology, and by Application. By Machine Type, the global Flexographic Printing Machines market has been segmented into Inline Type Press, Stack Type Press, Central Impression Type Press. The inline type press flexographic printing machines segment is likely to be the largest and fastest-growing segment in terms of type. Based on Coloring Capacity, the global Flexographic Printing Machines market is segmented into 2 Color, 4 Color, 6 Color, 8 Color, 10 Color and Above). Among these, the 2 color segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on technology, the global Flexographic Printing Machines market is segmented into Automatic, and Semi-Automatic. The automatic segment accounts for the largest share in 2021. Based on the application, the segment has been segregated into Large Print Media, Office and Admin, Packaging and Labelling, and Others. The large print media segment is expected to dominate other segments in the global Flexographic Printing Software Machines market. The office and admin segment is expected to witness the highest CAGR during the forecast period according to precision business insights.
In June 2019, Flipkart moved a sizable percentage of manufacturing and procurement for private labels from China to India from Malaysia in order to cut costs and adhere to the government’s Make in India standards.
In April 2018, an exclusive distribution agreement was signed by DKSH Business Unit Technology and SOMA Engineering to provide sales and technical support for its center impression (CI) flexographic printing presses.