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According to statistics, in 2009, the world packaging printing market was 440 billion U.S. dollars, and the flexo printing market was 263 billion U.S. dollars, accounting for 60% of the total packaging and printing market. Among them, the printing volume of corrugated boxes was US$125 billion, accounting for 47.5%; the amount of flexible packaging printing was US$81 billion, accounting for 30.8%; the amount of label printing was US$56 billion, accounting for 21.3%; the amount of folding cartons was US$1.2 billion. 0.5%.
Flexible packaging is the second largest market for flexo printing. The flexographic ratio of flexible packaging printing is higher in most regions, such as 75% in North America, 82% in South America, and 57% in Europe, but only 10% in Asia Pacific. In the world flexible packaging printing market, flexo printing has occupied 64% of the market share, becoming the protagonist of flexible packaging printing.
In addition to packaging and printing, the most promising area for flexo printing is printed electronics. The world's printed electronics market was only US$3 million in 2008 and is expected to soar to US$89 billion by 2020. Flexo will split this huge cake together with offset, gravure, screen printing and inkjet printing.
Flexographic printing has a bright future in the field of packaging and printing
As we all know, flexo printing is rapidly spreading to all parts of the world, and at present it is mainly in the field of packaging and printing. From the print point of view, packaging flexo printed products accounted for 90% -92% of the total print volume of flexographic prints, and the remaining less than 10% of the print volume is distributed in securities printing, pharmaceutical printing and electronic components printing and other fields. With the continuous improvement of flexo presses, inks, printing plates and other technologies, flexo printing is gradually competing in the gravure printing market all over the world.