MARYLAND, GAITHERSBURG, UNITED STATES, October 12, 2021 /EINPresswire.com/ — The Global Flexographic Printing Machine Market is accounted for $1,738.88 million in 2019 and is expected to reach $2,877.84 million by 2027 growing at a CAGR of 6.5% during the forecast period. Some of the key factors propelling the market growth are increasing demand for packaging and growing popularity of advertisement boards. However, the requirement of high initial capital is the restraining factor for the growth of the market.
By end-user, the food & beverage segment is expected to grow at a significant market share during the forecast period owing to the high requirement of packaging solutions. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the growing e-commerce industry and logistic sector in the region.
Some of the key players in Flexographic Printing Machine Market include Heidelberger Druckmaschinen AG, Lohia Corp Limited, Nilpeter, KBA-Flexotecnica S.p.A., Rotatek, Mark Andy, WINDMOELLER HOELSCHER, Taiyo Kikai, Comexi, Weifang Donghang, PCMC, UTECO, BOBST, XI’AN AEROSPACE-HUAYANG, and Ekofa.
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Flexographic Printing Machine market report provides an in-depth study and forecast about the industry covering the complete overview of the market that will assist convey clients and business-making strategies. The industry’s supply chain and market size, in terms of value, have been derived by extensive research methods. Our report enables readers to understand details of the market, latest trends, key drivers and constraints, opportunities, threats, volume and value forecasts, and various investment opportunities for manufacturers operating in the global and regional markets. Flexographic Printing Machine report also offers company profiling with detailed strategies, financials, key products, and recent developments along with SWOT analysis of profiled players and Porters five forces for deep insights.
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