Lucintel's latest market report analyzed that flexographic printing plate provides attractive opportunities in the package printing, corrugated printing, and tag and label applications. The flexographic printing plate market is expected to reach $1,267.3million by 2028 with a CAGR of 5.8%. In this market, analog flexographic plates is the largest segment by product type, whereas package printing is largest by application.
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Based on product type, the flexographic printing plate market is segmented into igital flexographic plates and analog flexographic plate. The analog flexographic plates segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it is available in various sizes and shapes that help printers to print images with greater accuracy.
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The Flexographic Printing Plate Market is marked by the presence of several big and small players. Some of the prominent players offering flexographic printing plate include DowDuPontFlint, MacDermid, Toray, Asahi Kasei, Toyobo, and Fujifilm.
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