Flexographic Printing Plates Market Along With Covid-19 Impact Analysis and Business Opportunities

Flexographic Printing Plates Market: Overview

Printing plates are popularly used in the print packaging industry for use in printing on paper and boards. A wide range of substrates have come to the fore that allow printing industries use variety of inks for printing on plastics and fiber. Flexographic printing plates have gained preference among end users for removing unwanted fluting during the printing of printing on corrugated boards. The growth in the flexographic printing plates market lies on the back of growing demand for corrugated packing by brands in various industries, world over. Over the years, focus to improve the performance of flexographic printing has increased, bolstering technological advancements in flexographic printing plates market. Extensive demand for printing presses in industries has helped the market to evolve. However, the recent COVID-19 pandemic has suppressed the use of flexographic printing plates, mostly on the back of sloth in manufacturing industries.

Over the years, the use of photopolymer to make flexographic printing plates has gained preference over rubber. Popularity of flat top dots technology in printing industry has continuously expanded the scope of the flexographic printing plates market.

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Flexographic Printing Plates Market: Competitive Landscape and Recent Developments

The report on the flexographic printing plates market looks the various dynamics of the competitive landscape and recent strategies by top players. The study also looks the recent developments that may change the future growth trajectories. It scrutinizes the trends that will impact the entry of new players and factors that will define the consolidation strategies of emerging players in key regions in the flexographic printing plates market.

The demand for flat top dot flexographic printing plates in the printing industry has risen over the years. In particular, the demand for these plates for printing on sustainable substrates in paper and paperboard application has gathered traction in the flexographic printing plates market. Eyeing a huge prospect, Flint Group Flexographic, a prominent supplier of flexographic printing plates solution has in May 2020 launched Nyloflex FTL Digital for corrugated printing applications. The company affirms that its solution will help end users bring down the use of less plate material, making the solution sustainable. Moreover, this flexographic printing plates with flat top dots will also keep the cost of consumable low. One marked advantage of this printing plate, asserts the company, is the option of using recycled fibers in the substrate.