According to a recent market study published by Growth Market Reports, titled, “Aluminum Printing Plates Market by Type, by Plate Thickness, by Grade, by Application, by Sales Channel, and by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 6,542.3 Million in 2022 and is anticipated to grow at a growth rate of 2.4% by the year 2031.

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The term printing plate refers to the flat thin sheet, which is usually made from aluminum metal. Printing plate is a flexible material used to transfer images and text onto a surface during the printing process. An aluminum printing plate is a necessary product in offset printing. Aluminum is one of the versatile and adaptable materials for industrial use. These plates are made from aluminum strip that is manufactured from continuously cast slabs by hot and cold rolling. Aluminum is suitable for use as printing plates, due to its inherent advantageous properties such as lightweight, flexibility, and easy recyclability.

The Aluminum Printing Plates Market has been fragmented based on by Type, by Plate Thickness, by Grade, by Application, and by Sales Channel. On the basis of type, the aluminum printing plates market is divided into printing plate, computer-to-plate (CTP) printing plates, and computer to conventional plate (CTCP)/UV-CTP printing plates. On the basis of plate thickness (in mm), the aluminum printing plates market is divided into up to 0.2 mm, 0.2 mm to 0.3 mm, and more than 0.3 mm. On the basis of grade, aluminum printing plates market is divided into 1000, 2000, & 3000 series; 4000 & 5000 series; and 6000 series & above. On the basis of applications, aluminum printing plates market is divided into commercial printing, label printing, and packaging printing. On the basis of sales channel, aluminum printing plates market is divided into manufacturer to consumer/direct sales and distributor/wholesaler to consumer/indirect sales. Based on the region, market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key factors that are anticipated to fuel the demand for Aluminum Printing Plates Market during the forecast period are the increasing adoption of packaging products and labelling solutions from various end-use industries surges the demand for printing technologies and aluminum printing plates. The visual appeal of the packaging design has become increasingly important with the rise in the e-commerce industry. This has led to an increased emphasis on printing of products that boost the market. Additionally, Aluminum is 100% recyclable material, which creates ample opportunities for the market growth and supports the circular economy agenda.

The outbreak of Coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic hindered the aluminum printing plate market, owing to severe disruptions in businesses and the supply chain. The global economy was hampered by the potential effects of the prolonged conflict between Russia & Ukraine, uncertainty in Eastern Europe, and the COVID-19 pandemic. Manufacturing of aluminum printing plates ceased during the pandemic, due to several restrictions and the closure of manufacturing sites. The outbreak of COVID-19 affects the production, demand, and supply chains, which are critical areas of the manufacturing cycles and procedures. Manufacturers faced various issues during the pandemic. The demand for digital media increased which reduced the demand for print media. Thereby, affecting the growth for aluminum printing plates.

As per growth market reports industry analyst Partha Paul, “Offset printing is the widely used printing technique across the globe. High-automated offset printing machines create less waste, which significantly affects the profitability of the entire production. Offset printing is embracing automation and streamlined workforce. Automated process such as computer-to-plate systems has reduced manual intervention and increased the speed & accuracy of plate production. These technological advancements are time saving resources as well as enhance the consistency and quality of offset prints. Therefore, these technological advancements provide aluminum printing plate manufacturers ample opportunities for the product development and innovation.

A supply chain is a network between a company and its suppliers to manufacture and distribute particular products to the final buyers. This network includes different activities, information, entities, people, and resources. The key raw material used for manufacturing aluminum printed plates is aluminum rolls. These aluminum rolls are then shipped to manufacturers to be processed into final products. Aluminum printing plates are manufactured using aluminum and other coating materials. Printing plates are made from mining bauxite and then refining it to get aluminum rolls. The rolls are then shipped to a printing plate manufacturer who uncoils, etches, cleans, and dries them before sending them to be used in the commercial printer. Distributors store finished products in large inventories and are mediators in the supply chain. They directly obtain the products from the manufacturers and pass them midstream. End-users are the final step of the supply chain, where consumption takes place.

Key Takeaways from the Study:

  • The players in the Aluminum Printing Plates Market include Agfa-Gevaert Group, Eastman Kodak Company, TORAY INDUSTRIES, INC., FUJIFILM Corporation, Henan Huida Print-All Technology Co., Ltd, Haomei Aluminum CO., LTD, Epson Australia Pty Ltd. (Seiko Epson Corporation), UACJ Corporation, Changge Jingyi Printing Material Co., Ltd. and others held a major market share of the Aluminum Printing Plates Market in the year 2022.

  • Based on Type, the Aluminum Printing Plates Market is categorized into printing plate, computer-to-plate (CTP) printing plates, and computer to conventional plate (CTCP)/UV-CTP printing plates. The printing plate segment held significant market share in 2022. The photosensitive aluminum plates are durable, resistant to rust, and tarnish. These plates also withstand exposure to UV rays, chemicals, and harsh conditions. Furthermore, these are often used for applications where nameplates with messages and images that won’t fade or deteriorate fast are needed.

  • Based on plate thickness (in mm), the Aluminum Printing Plates Market is categorized into up to 0.2 mm, 0.2 mm to 0.3 mm, and more than 0.3 mm. The up to 0.2 mm segment held substantial market share in 2022 owing to the increasing demand for strong yet lightweight printing plates to make brochures, newspapers, flyers, and others printed media.

  • Based on grade, the Aluminum Printing Plates Market is categorized into 1000, 2000, & 3000 series; 4000 & 5000 series; and 6000 series & above. The 1000, 2000, & 3000 series segment held considerable market share in 2022. This attributed to the increasing demand for lightweight and high-quality corrosion resistant material for printing plates.

  • Based on application, the Aluminum Printing Plates Market is categorized into commercial printing, label printing, and packaging printing. The commercial printing segment held significant market share in 2022. Print media such as newspaper, brochure, flyers, books and other advertisements prints are being circulated to the population, due to increasing demand for colorful, eye-catching, and informative prints.

  • Based on Sales Channel, the Aluminum Printing Plates Market is categorized into manufacturer to consumer/direct sales and distributor/wholesaler to consumer/indirect sales. The distributor/wholesaler to consumer/ indirect sales segment is expected to expand at a high CAGR during the forecast period. Indirect sales channels reach a large customer base and increase brand awareness. Moreover, intermediaries help companies to efficiently move products from the factory to the store. Intermediaries already have established sales and marketing teams, therefore, using indirect methods proves to be economical for businesses.

  • In terms of regions, the Aluminum Printing Plates Market markets are divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America held noteworthy market share in 2022. The North America market for printing plates showcases steady growth, due to the presence of the established print industry in the region. The demand for aluminum printing plates in print media, especially in the US and Canada, contribute to the expansion of the printing plates market in this region. The market in Asia Pacific is expected to expand at notable CAGR during the forecast period. There is an increasing literacy rate in emerging economies, as well rising disposable income which increases the demand for printed media such as newspapers, magazines, books and others. This increases the demand for aluminum printed plates.

Report Scope:

Report Metric

Details

Market Value in 2022

US$ 6,542.3 Million

Market Growth Rate (from 2023 to 2031)

 2.4%

Historical Data

2016 – 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (US$ Million)

Market Segments

By Type, By Plate Thickness, By Grade, By Application, And By Sales Channel, And By Region

Key Companies Profiled

Agfa-Gevaert Group, Eastman Kodak Company, TORAY INDUSTRIES, INC., FUJIFILM Corporation, Henan Huida Print-All Technology Co., Ltd, Haomei Aluminum CO., LTD, Epson Australia Pty Ltd. (Seiko Epson Corporation), UACJ Corporation, Changge Jingyi Printing Material Co., Ltd. and others

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturer and distributors.

  • Demand Side: Commercial Printing, Label Printing, Packaging Printing, and Others.

  • Regulatory Side: Concerned government authorities, and other approval regulatory bodies.

  • Associations and Industry Bodies: United States Environmental Protection Agency and Indian Pollution Control Boards focus on the recyclability of aluminum and its products.