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Demand for Premium Print Finishes Boosts Plate Market

Report Overview:

The global Printing Plates for Varnish market is projected to grow from approximately USD 434.24 million in 2023 to around USD 782.38 million by 2033, registering a compound annual growth rate (CAGR) of 6.1% over the forecast period from 2023 to 2033.

Offset printing holds a leading edge in varnish applications, capturing 47.6% of the market due to its high image quality and ease of use across various materials. Meanwhile, plastic-based plates dominate in material selection with a 76.3% share, favored for their affordability and versatility. Most varnished prints go through UV-curable processes accounting for 47.6% of varnish types while UV coatings occupy 84.9% of the application segment. Packaging remains the primary end-use, at 54.1%, underscoring the importance of premium finishing in consumer products.

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