Spotlight Shines On Women In Print
Flexo Printing Market Experiences Strong Growth BY GREG KISHBAUGH
PRINTING United Alliance, a printing and graphic arts association in North America, is celebrating and honoring the contributions of women in the printing industry through its latest Women in Print Alliance initiatives and planned content across Alliance media channels, including the third year of a special dedicated podcast series on its Impressions Xchange podcast. Throughout this month, Women in Print Alliance continues its year-round mission of attracting, advancing, and advocating for women in the print industry – while also tak- ing a moment to reflect on past lessons from women leaders in the print community. “What’s exciting about the history of wom- down the career ladder and across the spec- trum of the printing industry to share informa- tion, lessons, and experiences from their per- sonal career journeys with one another. On LinkedIn, users can follow #Women- MakingPrintHistory to recognize and learn from the contribution of women to the printing industry through a month-long social media campaign on LinkedIn. The popular Women in Print Alliance newsletter also serves to educate and inspire women in the industry. This free publication is open to all women working in print at any role or stage of their careers. In 2024, Women in Print Alliance will offer even more ways for women in the industry to connect, including at the annual Women in CONTINUED ON PAGE 47 en in print is that it’s truly a ‘living history,’” said Lisbeth Lyons Black, Director, Wom- en in Print Alliance. “There’s a genuine desire I observe dai- ly by women up and
The flexographic printing market size has grown strongly in recent years. It will grow from $5.87 billion in 2023 to $6.34 billion in 2024 at a compound annual growth rate (CAGR) of 8.0 percent, according to a new report from The Business Research Company. The growth in the historic period can be attributed to growing cost-effectiveness, high- speed printing, versatility in substrates, quality and consistency, rise in packaging industry. The flexographic printing market size is expected to see strong growth in the next few years. It will grow to $8.38 billion in 2028 at a CAGR of 7.2 percent. The growth in the forecast period can be attributed to increased demand for sustainable packaging, rapid growth in e-com- merce, globalization of brands, evolving advertising and labeling needs, increasing focus on short-run printing. Major trends in the forecast period include innovation in anilox roll and ink delivery systems, rise in demand for printed labels and flexible packaging films, customization and short-run printing in packaging, im- plementation of process automation and workflow efficiency, expan- sion of flexographic printing in corrugated packaging. The increasing demand for packaged food products is expected to propel the growth of the flexographic printing market going forward. The packaged food products are foodstuff pre-packaged in the pack- aging to offer shelf life and sterility to food unless the packaging is damaged or opened. The growing demand for packaged food goods necessitates the use of flexographic printing to provide packaging that is convenient, attractive, cost-effective, and lightweight. On the label packaging, flexographic printing aids in the effective marketing of food goods and information about them. For instance, in 2021, the Food Industry Association (FMI) estimated that packaged food and bever- ages online sales could reach $109 billion. Therefore, the increasing demand for packaged food products is driving the growth of the flexo- graphic printing market.
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March 18, 2024
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