In 2023, the sold production of flexographic printing machinery in the UK stood at 17.44 million Euros. The forecasted data from 2024 to 2028 indicates a steady increase in production values.
Year-on-year variations are as follows:
- 2024: +1.6%
- 2025: +1.7%
- 2026: +1.6%
- 2027: +1.5%
- 2028: +1.5%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 1.58%, highlighting a gradual but consistent growth over the analyzed period.
Future trends to watch for include advancements in flexographic printing technology, potential shifts in market demand driven by sustainability concerns, and the potential impact of economic factors such as inflation and trade regulations. Innovations in eco-friendly printing materials may further spur growth in this segment.