Packaging Printing Market | Industry Overview, Development Analysis, Strategic Outlook, Demand Analysis and Forecast by 2027
The packaging
printing market 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 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 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 , 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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