Packaging Printing Market size was valued at US$ 460.52 Bn. in 2021 and the total revenue is expected to grow at 4.5% through 2022 to 2029, reaching nearly US$ 654.9 Bn.
Packaging Printing Market Overview:Packaging printing is defined as the processes of labelling packages in the form of written, electronic or graphical representations. Package printing creates brand awareness and promotes a company brand with the use of different technologies, like digital printing, flexography, and rotogravure. With aesthetic appeal and digital printing, personalized or custom packaging, seasonal festive prints, 3D graphical pictures or holograms, and texts with varied fonts among others have been also contributing to the growth of the packaging printing market. However, the introduction of smart packaging options including AI, QR codes scan-able, and RFID chips. To know about the Research Methodology :- Request Free Sample Report Report Objective A comprehensive study of the packaging printing market segmented by printing technology (offset lithography, rotogravure, flexography, digital printing, and screen printing), ink type (solvent-based ink, UV-curable ink, an aqueous ink), packaging type (label, plastic, glass, metal, paper, and paperboard), application (food and beverage, pharmaceutical, cosmetic and house care), and geography. The growing demand for innovative printing is the key aspect of the rise in the market revenue for Printing for Packaging. The Global Printing for Packaging Market report provides a complete evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Research Methodology The industrial packaging market report collects data from primary and secondary research. Secondary research includes sources such as press releases company annual reports and research papers related to the industry. Other sources include industry magazines, trade journals, government websites, and associations were can also be reviewed for gathering precise data on opportunities for business expansions in the Printing for Packaging Market Primary research involves telephonic interviews with various industry experts on acceptance of appointments for conducting telephonic interviews sending questionnaires through emails (e-mail interactions) and an unbiased review of the Printing for Packaging Market, across various geographies. Primary interviews are usually carried out on an ongoing basis with industry experts in order to get a recent understanding of the market and authenticate the existing analysis of the data. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, outlook, etc.
Packaging Printing Market Dynamics:The Increasing Influence of digital in Package Printing Market. Digital printing is frequently used for cost and time efficiency in manufacturing packaging. It saves a lot of time compared to conventional printing as there is no need to continually change plates considering the technology does not use any plates at all. Also, it is environmentally friendly for example Flatbed printing is also more eco-friendly than conventional printing as it produces a lower amount of waste cartridges and creates lesser air pollution. It leaves behind a smaller carbon footprint. Increasing workflow and productivity restraining the printing packaging market Brand owners are expected dynamic packaging but they also expect it more quickly than before. Naturally, a higher cost of fulfilment results from the increased demand. However, it doesn't appear that brands are raising their prices to reflect this. Printing companies and package designers are indirectly impacted by this. Brand owners are seeking to print companies to maintain their pricing low so they don't have to boost retail prices. By streamlining workflow and processes, automated workflow systems can be useful. Prices decrease as the cost of fulfilment decreases. Brand owners are searching for lower prices. Discovering automated workflow solutions that work for your company is one method to address this difficulty. This may cause monitoring worker productivity, machinery uptime, and project management from start to finish.
Packaging Printing Market Segment Analysis:Flexography printing segment is projected to lead the package printing market. Flexography is a modern version of letterpress printing. This traditional method of printing can be used on almost any type of substrate, including corrugated cardboard, plastic, cellophane, fabric, metallic film, and label stock. The flexographic printing process uses quick-drying, semiliquid inks, and quick-drying inks. In this forecast period of digital printing packaging, flexography holds its own in the areas of large orders and long print runs, particularly in packaging products and the labelling market. This flexography printing is mostly used in printing solutions by manufacturers in the industry. It offers great advantages as you can start without investing a lot of money it offers low-cost tooling. Quick turnaround time and it offers versatility with faster delivery. Based on Printing Technology, Labels & tags packaging type segment of the package printing market is projected to grow high during the forecast period. The labels & tags segment of the packaging type accounted for the moderate market share but is projected to grow at a higher CAGR during the forecast period. This growth is due to its application in almost all types of packaging variables. Labels are the most used packaging type. Different types of tags and labels are Dry peel labels, Fold out labels, Reseal labels, Expandable reseal labels, expandable reseal booklets, Speciality die-cut labels, and Prime labels. In this type of application, almost all types of packaging variables are used. These labels display product information, brand identification symbols and transportation details during shipping. According to "Lowering Entry Barriers in Digital Printing for Packaging," survey respondents who printed labels and packaging on digital presses asked if they printed those applications on inkjet presses. Over half of respondents reported printing labels and/or packaging on inkjet presses, with 45% printing labels and 22% printing packaging. Of the respondents who did not print labels or packaging on digital inkjet presses, 11% were planning to do so in the future Inkjet printing is creating new opportunities for producing label and packaging applications. Ongoing innovations in print heads, inks, and substrates are enabling printers and converters to more easily transition work from Analog presses to new-breed digital printing systems that can handle both current products and new ones not previously possible. Based on Application type, Food & beverage segment of the packaging printing market is projected to be the largest market. Printing Packaging has become the lifeline of the food and beverage industry being used in various forms including stand-up or lay-down pouches, sealable zip-lock pouches, and so on Printed food packaging is used for the primary packs of foods and beverages that are supplied directly to consumers. Its benefits do not limit to the functional values but rather extend to adding an aesthetic appeal to the packed product. Competing in a customer-centric market, brands need to ensure that their design ticks multiple checkboxes including factors like user-friendliness, brand identification, quality, and so on. This not only requires choosing the right packaging material but also the right printing process. Scroll down to know more about the printing processes for flexible packaging.
Packaging Printing Market Regional Insights:The Asia Pacific Digital Printing Packaging Market would witness market growth of during the forecast period (2021-2029). In the packaging industry, printing packaging is often used to create low-cost as well as prototypes for custom packaging. Printing packaging can also be utilized to create some very striking packaging artwork. Digital printing is widely employed in a wide range of applications. Digital printers can be commonly found organized in schools, offices or even in people's homes. Packaging printing or labelling is a written, electronic, or graphic communication on the package of products or goods. Packaging and printing play an important role in the presentation of products today. Various types of inks and the latest innovative technologies are used in packaging printing The packaging printing market is widespread in the Asia-Pacific region with respect to multiple printing technologies and applications in a wide spectrum of industries. The presence of various industries related to food and beverages, consumer electronics, and many others in countries such as China, India, Japan, and South Korea has resulted in significant demand for packaging solutions in the region. On the basis of technology, digital printing is projected to record the highest CAGR of 12.1% during the forecast period The APAC Packaging Printing Market is largely driven by the increasing consumer spending and rising demand for sustainable products. An increase in the consumption of processed food is driving the growth of the market. Emerging Technologies for packaging printing can also be seen as a driving factor for the growth of the market. The growing pharmaceutical industry and the increasing demand for convenient packaging are also major growth factors for this market. The objective of the report is to present a comprehensive analysis of the Packaging Printing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players, including market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Packaging Printing Market dynamics, structure by analyzing the market segments and project the Packaging Printing Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Packaging Printing Market make the report investor’s guide.
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Global Packaging Printing Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 460.52 Bn. Forecast Period 2022 to 2029 CAGR: 4.5 % Market Size in 2029: US $ 654.9 Bn. Segments Covered: by Product type • Corrugated • Flexible • Folding cartons • Label & Tags • Others (includes Wood & Textile) by Technology • Flexography • Gravure • Offset • Screen Printing • Digital by Application • Food & beverage • Household & cosmetics • Pharmaceutical • Others (includes automotive and electronics industries)
Packaging Printing Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Packaging Printing Market Key Players• Mondi plc (Austria) • Sonoco Products Company (US) • Graphics Packaging Holding Company (US) • Quad/Graphics (US) • Amcor Limited (Australia) • Constantia flexibles (Austria) • Quantum Print and Packaging Limited (UK) • WS Packaging Group(US • Toppan Printing Company (Japan) • Duncan Printing group (UK) • HP Inc. • Xerox Corporation • WS Packaging Group • Canon, Inc. • Eastman Kodak Company • Mondi Group • Duncan Printing Group • Dunmore • Xeikon N.V. • Graphics Inc. • Amcor Limited. Frequently Asked Questions: 1. What is the forecast period considered for the Packaging Printing Market report? Ans. The forecast period for the Global Packaging Printing Market is 2021-2029. 2. Which key factors are hindering the growth of the Packaging Printing Market? Ans. Increasing workflow and productivity restrain the printing packaging market hindering the growth of market 3. What is the compound annual growth rate (CAGR) of the Global Packaging Printing Market for the forecast period? Ans. 4.5 % annual growth rate of global packaging printing, market. 4. What are the key factors driving the growth of the Packaging Printing Market? Ans. The Increasing Influence of digital in Package Printing Market. Driving the growth of global Packaging Printing. 5. Which are the worldwide major key players covered for the Packaging Printing Market report? Ans. Key market players in this sector include 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.
1. Global Packaging Printing Market : Research Methodology 2. Global Packaging Printing Market : Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Packaging Printing Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Packaging Printing Market : Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Packaging Printing Market Segmentation 4.1 Global Packaging Printing Market, by Product type (2021-2029) • Corrugated • Flexible • Folding cartons • Label & Tags • Others (include Wood & Textile) 4.2 Global Packaging Printing Market, by Technology (2021-2029) • Flexography • Gravure • Offset • Screen Printing • Digital 4.3 Global Packaging Printing Market, by Application (2021-2029) • Food & beverage • Household & cosmetics • Pharmaceutical • Others (includes automotive and electronics industries) 5. North America Packaging Printing Market (2021-2029) 5.1 North America Packaging Printing Market, by Product type (2021-2029) • Corrugated • Flexible • Folding cartons • Label & Tags • Others (include Wood & Textile) • Cosmetics • Others 5.2 North America Packaging Printing Market, by Technology (2021-2029) • Flexography • Gravure • Offset • Screen Printing • Digital 5.3 North America Packaging Printing Market, by Application (2021-2029) • Food & beverage • Household & cosmetics • Pharmaceutical • Others (includes automotive and electronics industries) • Household 5.4 North America Packaging Printing Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Packaging Printing Market (2021-2029) 6.1. European Packaging Printing Market, by Product type (2021-2029) 6.2. European Packaging Printing Market, by Technology (2021-2029) 6.3. European Packaging Printing Market, by Application (2021-2029) 6.4. European Packaging Printing Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Packaging Printing Market (2021-2029) 7.1. Asia Pacific Packaging Printing Market, by Product type (2021-2029) 7.2. Asia Pacific Packaging Printing Market, by Technology (2021-2029) 7.3. Asia Pacific Packaging Printing Market, by Application (2021-2029) 7.4. Asia Pacific Packaging Printing Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Packaging Printing Market (2021-2029) 8.1 Middle East and Africa Packaging Printing Market, by Product type (2021-2029) 8.2. Middle East and Africa Packaging Printing Market, by Technology (2021-2029) 8.3. Middle East and Africa Packaging Printing Market, by Application (2021-2029) 8.4. Middle East and Africa Packaging Printing Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Packaging Printing Market (2021-2029) 9.1. South America Packaging Printing Market, by Product type (2021-2029) 9.2. South America Packaging Printing Market, by Technology (2021-2029) 9.3. South America Packaging Printing Market, by Application (2021-2029) 9.4 South America Packaging Printing Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Mondi Plc (Australia) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Sonoco Products Compny 10.3 Graphics Packaging Holding Company (US) 10.4 Quad/Graphics (US) 10.5 Amcor Limited (Australia) 10.6 Constantia flexibles (Austria) 10.7 Quantum Print and Packaging Limited (UK) 10.8 WS Packaging Group(US 10.9 Toppan Printing Company (Japan) 10.10 Duncan Printing group (UK) 10.11 HP Inc. 10.12 Xerox Corporation 10.13 WS Packaging Group 10.14 Canon, Inc. 10.15 Eastman Kodak Company 10.16 Mondi Group 10.17 Duncan Printing Group 10.18 Dunmore 10.19 Xeikon N.V. 10.20 Graphics Inc. 10.21 Amcor Limited.