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A new Smithers report says that with packaging a key driver, the market will grow at a 3% CAGR over the forecast period.
March 17, 2025
By: DAVID SAVASTANO
Editor, Ink World Magazine
The global value of flexographic printing in 2024 was $230.5 billion, and is forecast to increase at a 3.0% compound annual growth rate (CAGR) through to 2029, according to Smithers, a global authority on print and packaging markets. Data from its newly published market report – The Future of Flexographic Printing Markets to 2029 – show this will yield total value of $267.2 billion in 2029 (at constant 2023 pricing). Flexo output is growing across most applications, notably packaging. It a...
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