Flexo is the single largest printing process in Europe, and is a growing sector due to its use in the packaging and label producer markets – fueled by the growth in eCommerce. The valued output of the flexo printing industry in 2018 was €39.2 billion.
A major market for flexo printers is packaging – and it is the dominant process used. The below chart shows the European printed packaging market by print process in 2017.
By 2022, the flexo printed packaging market is predicted to be worth €32.0bn. Flexo dominates in part due to the fact that the technology can carry out long runs, which printing processes such as digital printing cannot.
The vast majority of packaging is printed, cementing this as a key market for flexo printers for the foreseeable future.