United States Flexographic Printing Market Introduction and Overview
According to SPER Market Research, the United States Flexographic Printing Market is estimated to reach USD 3.67 billion by 2033 with a CAGR of 3.04%.
The report includes an in-depth analysis of the United States Flexographic Printing Market, including market size and trends, product mix, applications, and supplier analysis. Modern relief printing methods like flexographic printing are frequently utilized on labels and packaging. It transfers ink onto paper, plastic, and film using flexible photopolymer plates that are fixed to revolving cylinders. This process is well-known for its quick turnaround times and versatility in printing materials, which makes it perfect for high-volume uses including labels, flexible packaging, and food packaging. Rich colors and finely detailed pictures may be produced with flexographic printing, which can print in many colors in a single pass. The use of water-based inks, which lower emissions of volatile organic compounds (VOCs), contributes to its increased environmental friendliness. With the development of technology, flexographic printing keeps improving the quality and productivity of the printing process.
- September 2022; ACTExact SafeShield UV-LED low was the newest product line released by ACTEGA. With the most certifications is ACTEGA's SafeShield UV-LED ink range. It was developed for low-migration uses, including nutraceuticals, cosmetics, and packaging for indirect food contact.
- April 2022; With the completion of the transaction, Fortis Solutions Group LLC, a supplier of high-impact printed packaging solutions, acquired Somersworth, New Hampshire-based Label Tech Inc. The purchase would improve the company's array of goods and services and increase its geographic reach.
Market Opportunities and Challenges
Opportunities- The expansion of the United States Flexographic Printing Market is attributed to many reasons. The growing need for environmentally friendly and sustainable packaging solutions is driving the use of flexographic printing, which uses water-based inks with less of an impact on the environment. The requirement for effective, high-quality packaging and labeling has increased due to the quick expansion of the retail and e-commerce sectors, which is fueling the market's growth. Flexographic printing is a popular option among businesses due to its rapid production of complex patterns and vivid colors. Furthermore, developments in technology, such as automation and better plate-making procedures, increase print quality and efficiency, making flexographic printing the favored method in a variety of industries, including consumer products, medicines, and food and beverage.
Challenges- Numerous obstacles confront the US flexographic printing market. The growing cost of raw materials, including as inks and substrates, is a major problem that can affect printers' profit margins. Furthermore, it can be difficult to maintain consistent print quality across a variety of surfaces, especially when there are differences in ink absorption and drying timeframes. Alternative printing techniques, such digital printing, which provides greater flexibility for short runs and personalization, are another rival to the sector. Furthermore, the necessity for ongoing technical innovation necessitates a large financial outlay that smaller enterprises could find challenging to handle. Lastly, adhering to strict environmental rules may raise operating expenses and complicate operations.
Market Competitive Landscape
United States Flexographic Printing Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. The leading vendors are focusing on strategic alliances, partnerships, and geographical expansion to strengthen their market position. Leading companies in the industry are DIC Corporation, Siegwerk Group, Flint Group, Colorcon Inc, Toyo Ink Group, Alden & Ott Printing Inks Co Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Printing Inks, By Phase, By End User, By Application.
|
Regions covered | Northeast, Midwest, South, and West. |
Companies Covered | DIC Corporation, Siegwerk Group, Flint Group, Colorcon Inc, Toyo Ink Group, Alden & Ott Printing Inks Co., American Inks & Technology, INX International Ink Co., WikOff Color Corporation, Fujifilm Corporation. |
COVID-19 Impact on United States Flexographic Printing Market
The COVID-19 epidemic had a major effect on the US flexographic printing market, creating possibilities as well as difficulties. Project delays and higher expenses resulted from labor shortages and disruptions in the supply chain during the early lockdowns. However, as companies looked for effective and premium packaging solutions, flexographic printing saw a boom due to the rise in e-commerce and the need for packaging materials, notably for food and healthcare items. Furthermore, the epidemic spurred investments in environmentally friendly printing technology by accelerating trends toward sustainable packaging. Following the epidemic, the packaging industry is adjusting to shifting customer preferences and a renewed emphasis on sustainability and innovation.
By Printing Inks: | Water-basedSolvent-basedUV Curable |
By Phase: | Pre-printPost-print |
By End User: | Folding CartonFlexible PackagingLabelsPrint Media |
By Application: | PackagingFolding CartonsTags and LabelsPaper-based Printing |
Key Target Audience:
- Pharmaceutical Companies
- Flexographic Printing Equipment Manufacturers
- Ink Suppliers and Manufacturers
- Packaging Companies
- Label and Tag Manufacturers
- Printing Service Providers
- E-commerce Companies
- Retailers and Wholesalers
- Research and Development Institutions
Our in-depth analysis of the United States Flexographic Printing Market includes the following segments:
Key Topics Covered in the Report:
- United States Flexographic Printing Market Size (FY’2024-FY’2033)
- Overview of United States Flexographic Printing Market
- Segmentation of United States Flexographic Printing Market By Printing Inks (Water-based, Solvent-based, and UV Curable)
- Segmentation of United States Flexographic Printing Market By Phase (Pre-print and Post-print)
- Segmentation of United States Flexographic Printing Market By End-user (Folding Carton, Flexible Packaging, Labels, and Print Media)
- Segmentation of United States Flexographic Printing Market By Application (Packaging, Folding Cartons, Tags and Labels, and Paper-based Printing)
- Statistical Snap of United States Flexographic Printing Market
- Expansion Analysis of United States Flexographic Printing Market
- Problems and Obstacles in United States Flexographic Printing Market
- Competitive Landscape in the United States Flexographic Printing Market
- Impact of COVID-19 and Demonetization on United States Flexographic Printing Market
- Details on Current Investment in United States Flexographic Printing Market
- Competitive Analysis of United States Flexographic Printing Market
- Prominent Players in the United States Flexographic Printing Market
- SWOT Analysis of United States Flexographic Printing Market
- United States Flexographic Printing Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Flexographic Printing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Flexographic Printing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Flexographic Printing Market
7. United States Flexographic Printing Market, By Printing Inks (USD Million) 2020-2033
7.1. United States Flexographic Printing Market Size, Share and Forecast, By Printing Inks, 2020-2026
7.2. United States Flexographic Printing Market Size, Share and Forecast, By Printing Inks, 2027-2033
7.3. Water-based
7.4. Solvent-based
7.5. UV Curable
8. United States Flexographic Printing Market, By Phase (USD Million) 2020-2033
8.1. United States Flexographic Printing Market Size, Share and Forecast, By Phase, 2020-2026
8.2. United States Flexographic Printing Market Size, Share and Forecast, By Phase, 2027-2033
8.3. Pre-print
8.4. Post-print
9. United States Flexographic Printing Market, By End User (USD Million) 2020-2033
9.1. United States Flexographic Printing Market Size, Share and Forecast, By End User, 2020-2026
9.2. United States Flexographic Printing Market Size, Share and Forecast, By End User, 2027-2033
9.3. Folding Carton
9.4. Flexible Packaging
9.5. Labels
9.6. Print Media
10. United States Flexographic Printing Market, By Application (USD Million) 2020-2033
10.1. United States Flexographic Printing Market Size, Share and Forecast, By Application, 2020-2026
10.2. United States Flexographic Printing Market Size, Share and Forecast, By Application, 2027-2033
10.3. Packaging
10.4. Folding Cartons
10.5. Tags and Labels
10.6. Paper-based Printing
11. United States Flexographic Printing Market, By Region, 2020-2033 (USD Million)
11.1. United States Flexographic Printing Market Size and Market Share By Region (2020-2026)
11.2. United States Flexographic Printing Market Size and Market Share By Region (2027-2033)
11.3. United States
11.3.1. Northeast
11.3.2. Midwest
11.3.3. South
11.3.4. West
12. Company Profile
12.1. DIC Corporation
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Siegwerk Group
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Flint Group
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Colorcon Inc
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Toyo Ink Group
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Alden & Ott Printing Inks Co.,
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. American Inks & Technology
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. INX International Ink Co
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. WikOff Color Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Fujifilm Corporation.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links