The development prospect of flexo printing in corrugated board Market

As the global economy will gradually recover from the impact of covid-19, the growing demand for printing and packaging will ensure the real growth of flexo printing market. According to Smithers’ latest research, flexo supply chain must be innovated to protect the market from turning to digital presses.

The future of flexographic printing by 2025 shows that the global value will reach 167.7 billion US dollars by 2020. Due to the economic slowdown caused by the pandemic, there is only a slight increase compared with 2019. Although not particularly optimistic, this prospect is much better than many competitive simulation processes. This is mainly due to flexographic printing in the packaging and label operations are widely used. Despite declining demand for graphics and publications, total print production will fall by as much as 10.7% by 2020, which is generally good.

With the recovery of the market, flexo printing is expected to grow by 1.6% and reach 181.1 billion by 2025, and packaging will increase its market share. Production innovation in response to the threat of high-throughput inkjet is a major stimulus, which also presents opportunities for printing service providers, OEMs, consumables and substrate suppliers.

01. Packaging

The four end use applications of flexo printing are packaging, and a large number of paper and paperboard substrates are used.

Corrugated board is clearly the main end use, and its value share will reach 57% by 2020, worth US $95.9 billion. It will break the $100 billion mark by 2025. Flexible packaging accounts for one fifth of the value of flexible printing, and the label is 8.6%. In terms of value, folding boxes account for 5.1% of the market. In the five years to 2025, the growth of folding color boxes will accelerate.

The wider availability of digital printing press also makes more requirements for flexo printing, which requires it to be able to make adjustments, carry out more short-term operations, and promote OEM continuous innovation to improve response speed and turnover rate.

02. Corrugated board

Although flexographic printing is the largest market segment, the flexographic printing of corrugated board is facing the most direct competition from digital printing. Single channel digital inkjet printing equipment specially designed for corrugated paper packaging has been in use for several years. These are greatly original digital and analog printing between the cost of intersection.

Innovations to address this problem include adding more hybrid presses. Add some variable data printing through the inkjet station. In addition, the improvement of printing plate and equipment has enabled some corrugated paper printing to reach the quality comparable to offset printing and concave brush, thus gradually snatching printing from these printers.

This is consistent with the buyer placing more short version local and shelf packaging orders. Many of them use three or more colors, resulting in higher prices. In 2020, the blockade caused by covid-19 also led to a surge in demand for lower quality e-commerce corrugated packaging delivered directly to consumers.

03. Equipment

The continuous growth of equipment sales caused by the production of corrugated boxes and folding color boxes will support the installation of more wide format flexo printing equipment and the corresponding growth of paste box machines in the processing of sheet metal materials from 2020 to 2025, so as to achieve more flexible and faster post press processing.

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Post time: Nov-24-2020

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