Global Printing Plates Market Size To Worth USD 21.23 Billion By 2033 | CAGR Of 3.94%
Category: Consumer GoodsGlobal Printing Plates Market Size To Worth USD 21.23 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Printing Plates Market Size is expected to Grow from USD 14.42 Billion in 2023 to USD 21.23 Billion by 2033, at a CAGR of 3.94% during the forecast period 2023-2033.
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Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on the “Global Printing Plates Market Size, Share, and COVID-19 Impact Analysis, By Type (Digital Printing Plates, Analog Printing Plates, and Flexographic Printing Plates), By Applications (Automotive, Garments, Food & Beverages, and Others), By Sales Channel (Indirect Channel and Direct Channel), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/printing-plates-market
The global printing plates market is responsible for manufacturing and distributing printing plates used in various printing processes, such as flexography and gravure printing. These plates are made from metal, plastic, rubber, paper, and other materials and are used in photochemical, photomechanical, or laser-engraving processes. There are three main types of printing plates: analog, digital, and flexographic. Analog printing plates use film negatives or positives to transfer images onto metal plates, but have high production costs and require skilled operators. Digital printing plates use digital technology to create images directly on the plate, offering faster production times and lower costs. Flexographic printing plates are made of flexible rubber or plastic materials and are used for printing on curved surfaces or packaging materials. The printing plates market's expansion is driven by process-free offset plate technology and e-commerce platforms, which enable suppliers to target specific client needs and offer competitive prices. However, high upfront costs may hinder the market growth.
The flexographic printing plates segment held the largest share of 42.31% in 2023 and is predicted to grow at a significant CAGR during the predicted period.
Based on the type, the global printing plates market is categorized as digital printing plates, analog printing plates, and flexographic printing plates. Among these, the flexographic printing plates segment held the largest share of 42.31% in 2023 and is predicted to grow at a significant CAGR during the predicted period. This is attributed to its ability to print various materials, its versatility in the printing process, its ease of operation, high-quality image, and long-lasting durability.
The food and beverage segment accounted for the highest market share of 43.15% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the applications, the global printing plates market is categorized as automotive, garments, food & beverages, and others. Among these, the food and beverage segment accounted for the highest market share of 43.15% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The food and beverage industry relies on packaging for safety, freshness, and appeal, with printing plates playing a crucial role in creating high-quality designs, regulatory compliance, and unique branding.
The direct channel segment accounted for a substantial share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the sales channel, the global printing plates market is categorized as indirect channel and direct channel. Among these, the direct channel segment accounted for a substantial share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. This is driven by customer-centric strategies, cost effectiveness, customization, rapid turnaround times, technological improvements, and market intelligence, making printing plates more affordable and reducing distribution costs.
North America is expected to hold the greatest share of the global printing plates market over the forecast period.
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North America is expected to hold the greatest share of the global printing plates market over the forecast period. The North American printing plates market is driven by technological advancements, packaging expansion, sustainability trends, advertising, high-quality printing demand in sectors like food and beverage, pharmaceuticals, and retail, and economic stability. The US leads due to its extensive involvement, emphasis on water-washable alternatives, and growing use of digital and laser-engraved plates.
Asia Pacific is predicted to grow at the fastest CAGR throughout the estimated period. The Asia Pacific region's printing plate market is fueled by consumer goods, e-commerce, technological advancements, sustainability programs, economic growth in China, India, and Japan, and affordable manufacturing. The industry uses advanced printing technologies like digital printing and computer-to-plate systems, and is focusing on environmentally friendly procedures. China dominates the market due to its investments in digital printing technology and automation, as well as its extensive consumer base.
Major key players in the global printing plates market are Cardbox Packaging, MacDermid Graphics Solutions, Jet Technologies, Element Solutions Inc., TOYOBO Group, Eastman Kodak Company, Beta Industries, Flexoworld Ltd., Colorama S.A., Anderson & Vreeland, Romkatel S.R.L., Xerox Holdings Corporation, Interflex Print Group, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In February 2025, Kodak and Kapoor Imaging signed a reseller agreement, allowing Kapoor Imaging to serve as a Kodak Channel Partner in the Indian market. The agreement will include Kodak's thermal platesetters, automation equipment, KODAK SONORA Process Free Plates, and workflow software solutions.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global printing plates market based on the below-mentioned segments:
Global Printing Plates Market, By Type
- Digital Printing Plates
- Analog Printing Plates
- Flexographic Printing Plates
Global Printing Plates Market, By Applications
- Automotive
- Garments
- Food & Beverages
- Others
Global Printing Plates Market, By Sales Channel
- Indirect Channel
- Direct Channel
Global Printing Plates Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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