Uploaded on Dec 18, 2020
Packaging Printing Market industry business outlook, revenue, trends and forecasts 2027
Packaging Printing
Packaging Printing Market business outlook, revenue, trends and forecasts 2027
Market overview
Packaging printing is defined as a label which might be graphical, written or electronic
representation on the package. Moreover, packaging printing is extensively required by the
packaging industry to ensure that it fulfills certain criteria in terms of quality, efficiency, and
innovations for the packaged final product.
On the basis of technology, offset printing technology segment is expected to hold a dominant
position in the global packaging printing market. Offset printing is a flat printing process, in which
the areas to be colored are being etched out of a flat metal printing plate. Moreover, as compared to
the other technologies, much higher amount of ink can be printed onto the packaging materials.
Furthermore, offset printing technology is majorly used for presentation boxes, posters and
brochures amongst others.
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Market Dynamics
The packaging printing market is expected to witness significant growth over the forecast period,
owing to its application in wide range of industries such as food & beverages, pharmaceutical, and
others. Moreover, increasing disposable income of the consumers are their willingness to spend for
convenience goods are expected to drive growth of the market. There is also an increase in demand
for sustainable packaging solutions, which is helpful in ensuring cost effectiveness and reducing the
overall packaging waste. The packaging printing offers a wide range of benefits such as improved
aesthetic appeal and protection from counterfeit products.
On the basis of region, the market is segmented into North America, South America, Europe, Asia
Pacific, and Middle East & Africa. Asia Pacific is expected to witness significant growth over the
forecast period, owing to the growing manufacturing sector in the region. The packaging industry
across the globe is also experiencing a huge growth with the rising middle class population and
increasing disposable income, which is expected to drive growth of packaging printing in Asia
Pacific. The availability of low cost labor is also expected to drive growth of the packaging printing
market.
Market Taxonomy:
On the basis of technology, the global packaging printing market is segmented into:
•Digital Printing Technology
•Flexo Printing Technology
•Offset Printing Technology
•Screen Printing Technology
•Others
On the basis of printing ink, the global packaging printing market is segmented into:
•Solvent-based Ink
•UV-Curable Ink
•Aqueous Ink
•Others
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Key players operating in the global packaging printing market include Mondi Plc., Sonoco Products
Company, Quantum Packaging, Graphics Packaging Holding Company, Rotostampa S.R.L., Quad/
Graphics, Inc., Coveris, Amcor, Flexo Print GmbH, Constantia Flexibles GmbH, The Saint
Petersburg Exemplary Printing House, Quantum Print and Packaging Ltd., Shree Arun Packaging
Co. (SAPCO), WS Packaging Group, Inc., Belmont Packaging, Toppan Printing Co., Ltd., and
Duncan Printing Group, among others.
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