North America Flexographic Printing Market Research Report published by market insight reports explores the current outlook in North America and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the North America market, and divides the Market into several parameters.
This Flexographic Printing Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the North America market for approaching years from 2019 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.
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The prominent players in the North America Flexographic Printing Market:
Barry-Wehmiller, Mark Andy, MPS Systems North America Inc., Flint Group, Uteco North America, Heidelberger Druckmaschinen, Koenig & Bauer, BOBST and Others.
Key Market Trends: –
Flexible Packaging is Expected to Witness Significant Growth
Changing consumer lifestyles and the increasing demand for snack products are driving the demand for packaged food products that offer an extended shelf life and sterility to food and convenience to the end consumers. Food products purchased through retail outlets need to be packaged in attractive, convenient, and lightweight boxes to minimize efforts required by consumers while carrying them as well as to maintain freshness.
The rising inclination is toward innovative, sustainable, and environment-friendly printing and packaging solutions in the food and cosmetic sector of North America to convey information about the products identity in the most reliable way. Consumers are now more aware and conscious about the product, which has created a greater need to develop food labels that are clear and can be trusted. It has compelled many manufacturers to adopt advanced technologies and expected to boost the market.
The pharmaceutical industry has also adopted a flexible packaging solution as it offers protection to the drug products and a wide range of packaging materials such as plastic films, paper, and foil to cater to a variety of sensitive drugs. Moreover, the rise of modern packaging technologies in the pharmaceutical industry, brands exploit the power of distinctive packaging design to stand out from the rest of its competition.
Corrugated Packaging is Expected to Grow Significantly in Forecast Period
Corrugated boxes have gained rapid attention due to the growing demand for environment-friendly packaging and growth of the e-commerce industry in the United States and Canada. According to United States Bureau report, the corrugated box industry grew at an average annual rate of 1%.
Corrugated packaging offers optimum protection at low cost and hence widely used as a secondary packaging solution to pack a variety of products in different end-use industries. Moreover, the growing popularity of online shopping and rising online platforms in North America are fueling the market. According to the United States Department of Commerce report, consumers spent USD 601.75 billion in online shopping with U.S. merchants in 2019 and registered a growth rate of 14.9% from USD 523.64 billion in 2018. It is the biggest annual percentage point jump since 2000.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Flexographic Printing Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Flexographic Printing Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Browse in-depth and report summary TOC on “Flexographic Printing Market”:
Finally, the Flexographic Printing market report offers a complete and detailed study of North America Flexographic Printing market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
Note: – All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.