Global Packaging Printing Market Size is estimated to expand rapidly in coming years, at a CAGR of 5.3 % from 2019 to 2027. In 2017, the global market valuation was USD 600.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. The printing of the packaging industry offers performance, productivity and creativity to meet market demands. Flexographic is a printing process where the ink is distributed over the surface to a frame on which the printing image is raised. In addition, packaging printing is used for various packaging products, including flexible packaging, pulp and paper, rigid plastic, glass, metal and other materials.
The main uses on the packaging printing industry are food and drink products, cosmetics and cleaning products, healthcare and other sectors (e.g. adhesives and screens). There has been a rapid growth in the global printing packaging industry and a modest growth is expected during the forecast period.
Global Market Growth Opportunities (Revenue, Growth) By 2019-2027
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global packaging printing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global packaging printing market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Printing Technology Insights: On the basis of printing technology, global packaging printing market has been segmented into flexography, gravure, and digital. The most important market share is the flexography printing field of printing technology, which is expected to grow during the forecast period in a moderate CAGR. This growth is due to its ability to print images which are superior in quality and to meet various climatic requirements. But the Digital Printing sector in the printing technology market was moderately low, but is expected to grow more rapidly over the forecast period because of the esthetic attraction to attract customers at the point of sale (POS) in the packaging prints of personal services & cosmetics products.
By Material Insights: On the basis of material, global packaging printing market has been segmented into labels, paper & paperboard, plastic. In value terms, the labels in the material segment of the packaging category account for the biggest share in the market and are expected to increase during the forecast period at a higher CAGR. This is because it is used in almost all forms of packaging variables. Labels are the most commonly used method, as product information, brand identity symbols and transport details are displayed during delivery.
The packaging printing market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia-Pacific region was more competitive in 2018 in the overall market for packaging printing. But the markets in China and India are projected to grow at higher rates from 2018 to 2025, as the market in packaging printing is maturing in developed countries. Due to the region's increasing e-retail sales coupled with growing food convenience packaging, the Asia-Pacific region is expected to grow the fastest in the forecast period.
Global Packaging Printing Market Size, Share Analysis by Region 2019-2027
It is estimated that North America, the dominating country in packaging printing market will show considerable growth during the forecast period. The growth would be possible because of marketing analytics tools and because of existing players that are firmly established in the market since the beginning. In addition to that, government agencies, companies, third-party administrators, etc. are channelizing their efforts to make customer-centric products which will also contribute to the growth in this region. Rising demand, increased income, advanced technology and machinery, along with the programs for spreading the awareness of the need will likely cause the packaging printing market to grow substantially.
Global Packaging Printing Market Study Objective
To forecast the market size of packaging printing market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
Market analysis and forecast of packaging printing market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
To analyze and elaborate significant factors that will have a major impact on the growth of packaging printing market, such as drivers, restraints, challenges, and opportunities.
The regional analysis of packaging printing market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
To provide detailed analysis of competitive and strategic developments in the packaging printing market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
HP Inc., Xerox Corporation, WS Packaging Group, Canon, Inc., Eastman Kodak Company, Mondi Group, Duncan Printing Group, Dunmore, Xeikon N.V., Graphics Inc., and Amcor Limited are some of the key players in the market of packaging printing. In order for companies to become marketplaces, they are undertaking strategic initiatives in both developed and developing countries, such as fusions and acquisitions, new product development and risk capital investments. Industries invest in technological solutions to improve distribution, front end sales and service to customers.
Global Packaging Printing Market Study Report Offer You!
The global packaging printing market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
Save Your Time
Wide Range of Reports
World Class Market Research
100% Customer Satisfaction
24/7 Customer care Support
Let's Talk Online