Sizing Up the Flexographic Printing Machine Market: Growth Insights and Projections
The flexographic printing machine market was estimated at USD 870 million in 2022 and is likely to grow at a CAGR of 6.42% during 2023-2028 to reach USD 1268.83 million in 2028.
The flexographic printing machine uses a flexible relief plate for printing. It is a modern version of letterpress, with high-speed rotary functions that can be used to print on almost any substrate, including metallic films, plastic, cellphones, and paper.