Packaging Printing Market 2021-2025 Trends, Growth Insight, Share, Competitive Analysis, Statistics, Regional and Global Industry Forecast | Adroit Market Research
Global packaging printing market is highly segmented and major players are increasing their footprint in this market using a variety of strategies such as new product launches, expansions, contracts, joint ventures, partnerships, acquisitions and more.
Dallas, USA – March 24, 2021 /MarketersMedia/ —
The global packaging printing market size is projected to grow from USD 320.6 billion in 2019 to USD 440.6 billion 2028. The packaging printing provides the package with quality printing, which in turn meets industry demands. It uses numerous printing methods, including flexography, digital printing, engraving, screen printing, and offset printing. It is used for many processes of packaging, including rigid plastic paper & paperboard, glass, and metal. Furthermore, the packaging technology industries include food & beverages, pharmaceutical and other industries.
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Adroit Market Research study on the global market for packaging printing offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter’s analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The demand for packaged goods and items coupled with shifting emphasis to online shopping is growing paper dependence. Moreover, the growing tendency towards flexible packaging along with steady growth across print media, including newspapers and newspapers, is stimulating demand for paper. In addition, ongoing innovation activities to boost the properties of printing materials in the coming years will complement the size of the industry.
In addition to this, [r1] the report sheds light on various aspects of the global packaging printing industry by analyzing the sector using value chain analysis. The study covers many qualitative aspects of market factors for the packaging printing industry, market constraints and key developments in the sector. Furthermore, the study offers a comprehensive overview of market rivalry with global company profiles of global as well as local vendors.
For more information in the analysis of this report, visit: https://www.adroitmarketresearch.com/industry-reports/packaging-printing-market
On the basis of application, the demand for packaging printing is classified into household & cosmetic products, food & beverages, pharmaceutical and others. The food & beverage segment is projected to rise over the forecast period 2020-2028 at a CAGR of over 5 per cent. Growth in this segment is primarily contributing to growing packaged food consumption along with increasing importance of the presence of packaging would increase the demand for the product in the coming years.
Europe is expected to keep pace with strong growth over the projected period. The ongoing launch of enhanced printing technologies for printing along with ongoing development across the packaging industry is boosting the region’s industry size. The major players of the global Packaging Printing market comprise of Mondi, Sonoco Products Company, Graphics Packaging Holding Company, Quad/Graphics, Amcor Limited, Constantia Flexibles, and WS Packaging Group, including others.
Segment overview of packaging printing market
Printing Technology Overview, 2018-2028, (USD Million) (Kilo Tons)
Flexography
Offset
Gravure
Screen Printing
Digital printing
Printing Ink Overview, 2018-2028, (USD Million) (Kilo Tons)
Solvent-Based Ink
Aqueous Ink
UV Curable Ink
Latex Ink
Others
Applications Overview, 2018-2028, (USD Million) (Kilo Tons)
Household & Cosmetic Products
Food & Beverages
Pharmaceutical
Others
Printing Type Overview, 2018-2028, (USD Million) (Kilo Tons)
Labels
Glass
Plastic
Metal
Paper & Paperboard
Cartons
Others
Regional Overview, 2018-2028, (USD Million) (Kilo Tons)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America
About Us
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Organization: Adroit Market Research
Website: https://www.adroitmarketresearch.com/industry-reports/packaging-printing-market
Source: MarketersMedia
Release ID: 89002495
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