Board Converting News, March 17, 2025

Flexo Printing Powers Packaging Market BY GREG KISHBAUGH

INX International Opens New Facility In Brazil

INX International held an open house event on February 27, with invited guests touring its new flexographic and gravure manufacturing facility in Cabreuva, Brazil. Representatives from INX and parent company Sakata INX, as well as lo- cal officials, were in attendance. It is located in Sao Paulo, the same state where INX built a new metal decorating plant to produce 2-piece inks that debuted in October 2018. Construction of the 65,000 square-foot fa- cility began in mid-2023 and is the first part of a master plan complex. Cabreuva is a growing

Global value of flexographic printing in 2024 was $230.5 billion, and is forecast to increase at a 3.0 percent compound annual growth rate (CAGR) through to 2029, according to Smithers, global authority on print and packaging markets. Data from its newly published market report — The Future of Flex- ographic Printing Markets to 2029 — show this will yield total value of $267.2 billion in 2029 (at constant 2023 pricing).

Flexo print output value by region 2024 ($ billion, constant (2023) prices & exchange rates)

Flexo output is growing across most applications — notably packag- ing. It accounts for the overwhelming volume of corrugated board print- ed. Growth in this segment is forecast to continue; driven by economic demand, particularly from e-commerce and consumer-facing boxes. Flexible packaging, labels, and folding cartons will also see solid growth. Changes in print buying will make digital more competitive with flexo on shorter runs. Digital printing is well established in labels as a mainstream technology that is competitive with flexo; however, the widespread adoption and strong ongoing sales of hybrid presses mean that flexo volumes are holding up and will continue to grow. In contrast, flexo printing of newspapers, bags and sacks, and envelopes will decline as demand in these end-uses falls. Worldwide, output on flexo presses was 8.6 trillion A4 sheets in 2024. This will increase to 10.0 trillion in 2029.

city with a population now exceeding 50,000, and is only 25 miles from the INX metal dec- orating plant in Itatiba. The facility sits on 20 acres of land and includes a separate 8,000 square-foot space housing INX’s Latin Ameri- can Corporate office.

CONTINUED ON PAGE 38

37

www.boardconvertingnews.com

March 17, 2025

Made with FlippingBook - Online magazine maker