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Corrugated Packaging Drives 64% of Global Flexographic Revenue in 2024

13.05.2025
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This report underscores that, despite the push toward digital technologies, the substantial installed base of traditional flexographic printing equipment will continue to drive the majority of printed production in the near term.

A recent Smithers report, “The Future of Flexographic Printing Markets to 2029,” reveals that in 2024, the corrugated packaging industry accounted for 64% of global flexographic printing revenue. Flexographic printing achieved $230.5 billion in revenue—representing 25.7% of the overall value of printed products—outperforming both sheet offset (20.2%) and digital printing (18.4%).

The report projects a 3.0% compound annual growth rate, which is expected to raise production value to $267.2 billion by 2029 under constant price levels. In terms of production volume, global output reached 8.6 trillion A4 equivalents in 2024, with forecasts predicting that this figure will exceed 10 trillion A4 formats in 2025, making flexographic printing the second most productive process after roll-fed coldset offset printing.

Additionally, while the corrugated industry itself accounts for 64.0% of flexographic revenue, sectors such as label printing, flexible and carton packaging, and bag printing contribute an extra 31.1%.

These key metrics underscore that, even with the rise of digital and inkjet technologies, flexographic printing remains the most cost-effective method for high-volume production.

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