Packaging Printing Market Overview | Industry Overview, Development Analysis, Strategic Outlook, Demand Analysis and Forecast by 2027
The packaging printing market overview
is expected to grow over the CAGR of around 5% during the period 2016 to 2022.
Market
Highlights
Packaging is the technology which is
used for protecting the products from storage and distribution purpose. In
packaging, the goods are prepared for the transport, warehousing sales and end
use. Package printing is a type of label which is a written, electronic and
graphical representation on the package. There is huge demand for the global
packaging printing market due to rise in manufacturing activities.
The two major drivers for the growth
of the Packaging Printing Market Overview are
growing Pharmaceutical industry and increased popularity of convenient
packaging. Due to the increasing demand in the pharmaceutical industry there is
seen an increasing demand for the packaging printing market. Other factors
which drive the packaging printing market are flexible packaging; reduce waste
in packaging and growing demand of sustainable printing.
Asia-Pacific is expected to witness
fastest growth during the forecast period followed by Europe. APAC has
witnessed such growth due to growing food & beverage industry in China.
China is the major dominating region in Asia-Pacific.
Market
Research Analysis
The Global
Packaging market is highly application driven. Food & beverage is
dominating the segment due to growing industries of food & beverage in
China. There is a higher demand for the packaging printing in the food &
beverage industry due to the growing demand of branded products. Packaged and
branded products are widely used in food & beverage industry.
Pharmaceutical is the second largest application segment because of the
increased demand or convenience of packaging in healthcare industry.
The market is further driven by the
rapid growth in packaging and labeling industries. Increasing demand for
product differentiation majorly fuels the market growth. However, the major
restraint for packaging printing market is that it is not suitable for heavy
items.
Scope of the Report
This study provides an overview of
the global packaging printing market Share, tracking four market segments
across four geographic regions. The report studies key players, providing a
five-year annual trend analysis that highlights market size, volume and share
for North America, Europe, Asia Pacific
(APAC) and Rest of the World (ROW). The report also provides a forecast,
focusing on the market opportunities for the next five years for each region.
The scope of the study segments the global packaging printing
market by by Printing Technology, Application
and Region.
By Printing Technology
Flexography
Gravure, Digital
By Application
Food & Beverage
Cosmetic
Pharmaceutical
Others
By
Region
North America
Europe
Asia-Pacific
ROW
Key Players
The Key players in
packaging printing market are are
AR Packaging Group AB, Amcor Limited, Belmont Packaging, Canon, Inc., DS Smith
Packaging Limited, Duncan Printing Group, Dunmore, E.I. Du Pont Nemours and
Company, Eastman Kodak Co., Edelmann Packaging México S.A. De C.V., Xeikon
N.V., and Xerox Corporation.
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