Global Packaging Printing Market (2019 to 2024) - Growing Demand for Digital Printing Presents Opportunities

DUBLIN, March 6, 2020 /PRNewswire/ -- The "Packaging Printing Market by Printing Ink (Aqueous & UV-based), Printing Technology (Flexography, Gravure, Digital), Packaging Type (Labels & Tags, Flexible), Application (Food & Beverages, Cosmetics, Pharmaceuticals), & Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global market for packaging printing is projected to grow from USD 350.6 billion in 2019 to reach USD 440.6 billion by 2024, at an estimated CAGR of 4.7%.

The packaging printing market is driven by factors such as growth in demand for sustainable printing, increasing demand for flexible packaging, cost-effectiveness, and reduced packaging waste. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the packaging printing market. Emerging markets, such as the Asia Pacific region, have contributed to an increase in the application of packaging printing in packaging products. Packaging printing not being suitable for heavy items is the strongest restraint for the industry.

Digital printing of the printing technology segment projected to grow at the highest CAGR during the forecast period

The digital printing technology of the printing technology segment is projected to grow at the highest between 2019 and 2024. The excellent print-ability and aesthetic appeal will drive the market of digital printing technology in the packaging printing market. Digital printing is highly preferred for packaging printing in personal care & cosmetics products, because of its aesthetic appeal facility to attract consumers at point-of-sale (POS).

Asia Pacific to gain maximum traction during the forecast period

The Asia Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe. In Asia Pacific, China is estimated to be the largest consumer for packaging printing, followed by Japan. China, with its growing food & beverage and healthcare industries, is expected to drive the packaging printing market. However, the market in India is projected to grow at the highest rate in the packaging printing market in the Asia Pacific region due to the tremendous growth of the packaging sector in the country, due to the low-cost labor, and cheap availability of lands.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Developing Economies to Witness High Demand for Packaging Printing Market
4.2 Packaging Printing Market, By Packaging Type
4.3 Packaging Printing Market, By Printing Technology
4.4 Packaging Printing Market, By Printing Ink
4.5 Packaging Printing Market, By Application
4.6 Packaging Printing Market: Regional Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in the Packaging Industry
5.2.1.2 Growing Need for Creative Packaging Medium Due to Intense Competition and Brand Awareness
5.2.1.3 Growing Demand for Innovative Printing
5.2.1.4 Increasing Supply Chain Management
5.2.2 Restraints
5.2.2.1 Initial Capital Investment Required
5.2.3 Opportunities
5.2.3.1 Growing Demand for Digital Printing
5.2.3.2 Radio Frequency Identification (RFID) in Packaging
5.2.3.3 Increasing Demand for Sustainable Printing
5.2.3.4 Technological Advancements in the Printing Industry
5.2.4 Challenges
5.2.4.1 High-Quality Printing at Low Cost
5.2.4.2 Packaging and Printing Regulations

6 Packaging Printing Market, By Packaging Type
6.1 Introduction
6.1.1 Digital Printing Packaging Market Size, By Packaging Type
6.2 Labels
6.3 Plastics
6.3.1 Flexible Plastics
6.3.2 Rigid Plastic
6.4 Glass
6.5 Metal
6.6 Paper and Paperboard
6.7 Flexible Packaging & Corrugated Boxes
6.8 Cartons
6.9 Others

7 Packaging Printing Market, By Printing Technology
7.1 Introduction
7.1.1 Packaging Printing Market, By Printing Technology
7.2 Flexography Printing Technology
7.3 Rotogravure Printing Technology
7.4 Offset Printing Technology
7.5 Digital Printing Technology
7.6 Screen Printing

8 Packaging Printing Market, By Printing Ink
8.1 Introduction
8.1.1 Packaging Printing Market, By Printing Ink
8.2 Solvent-Based Ink
8.3 Uv-Curable Ink
8.4 Aqueous Ink
8.5 Other Inks

9 Packaging Printing Market, By Application
9.1 Introduction
9.2 Packaging Printing Market, By Application
9.3 Food & Beverage
9.4 Household & Cosmetic Products
9.5 Pharmaceuticals
9.6 Others

10 Packaging Printing Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 Europe: Packaging Printing Market, By Country
10.2.2 Europe: Packaging Printing Market, By Printing Technology
10.2.3 Europe: Packaging Printing Market, By Packaging Type
10.2.4 Germany
10.2.4.1 Germany: Packaging Printing Market, By Printing Technology
10.2.4.2 Germany: Packaging Printing Market, By Packaging Type
10.2.5 France
10.2.5.1 France: Packaging Printing Market, By Printing Technology
10.2.5.2 France: Packaging Printing Market, By Packaging Type
10.2.6 UK
10.2.6.1 UK: Packaging Printing Market, By Printing Technology
10.2.6.2 UK: Packaging Printing Market, By Packaging Type
10.2.7 Italy
10.2.7.1 Italy: Packaging Printing Market, By Printing Technology
10.2.7.2 Italy: Packaging Printing Market, By Packaging Type
10.2.8 Russia
10.2.8.1 Russia: Packaging Printing Market, By Printing Technology
10.2.8.2 Russia: Packaging Printing Market, By Packaging Type
10.2.9 Spain
10.2.9.1 Spain: Packaging Printing Market, By Printing Technology
10.2.9.2 Spain: Packaging Printing Market, By Packaging Type
10.2.10 Rest of Europe
10.2.10.1 Rest of Europe: Packaging Printing Market, By Printing Technology
10.2.10.2 Rest of Europe: Packaging Printing Market, By Packaging Type
10.3 North America
10.3.1 North America: Packaging Printing Market, By Country
10.3.2 North America: Packaging Printing Market, By Printing Technology
10.3.3 North America: Packaging Printing Market, By Packaging Type
10.3.4 US
10.3.5 US: Packaging Printing Market, By Printing Technology
10.3.6 US: Packaging Printing Market, By Packaging Type
10.3.7 Canada
10.3.8 Canada: Packaging Printing Market, By Printing Technology
10.3.9 Canada: Packaging Printing Market, By Packaging Type
10.3.10 Mexico
10.3.11 Mexico: Packaging Printing Market, By Printing Technology
10.3.12 Mexico: Packaging Printing Market, By Packaging Type
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.4.6 Rest of Asia Pacific
10.5 Middle East & Africa (MEA)
10.5.1 Middle East & Africa: Packaging Printing Market, By Country
10.5.2 Middle East & Africa: Packaging Printing Market, By Printing Technology
10.5.3 Middle East & Africa: Packaging Printing Market, By Packaging Type
10.5.4 South Africa
10.5.5 South Africa: Packaging Printing Market, By Printing Technology
10.5.6 South Africa: Packaging Printing Market, By Packaging Type
10.5.7 UAE
10.5.8 UAE: Packaging Printing Market, By Printing Technology
10.5.9 UAE: Packaging Printing Market, By Packaging Type
10.5.10 Saudi Arabia
10.5.11 Saudi Arabia: Packaging Printing Market, By Printing Technology
10.5.12 Saudi Arabia: Packaging Printing Market, By Packaging Type
10.5.13 Turkey
10.5.14 Turkey: Packaging Printing Market, By Printing Technology
10.5.15 Turkey: Packaging Printing Market, By Packaging Type
10.5.16 Rest of Middle East & Africa
10.5.17 Rest of Middle East & Africa: Packaging Printing Market, By Printing Technology
10.5.18 Rest of Middle East & Africa: Packaging Printing Market, By Packaging Type
10.6 South America
10.6.1 South America: Packaging Printing Market, By Country
10.6.2 South America: Packaging Printing Market, By Printing Technology
10.6.3 South America: Packaging Printing Market, By Packaging Type
10.6.4 Brazil
10.6.5 Brazil: Packaging Printing Market, By Printing Technology
10.6.6 Brazil: Packaging Printing Market, By Packaging Type
10.6.7 Argentina
10.6.8 Argentina: Packaging Printing Market, By Printing Technology
10.6.9 Argentina: Packaging Printing Market, By Packaging Type
10.6.10 Rest of South America
10.6.11 Rest of South America: Packaging Printing Market, By Printing Technology
10.6.12 Rest of South America: Packaging Printing Market, By Packaging Type

11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Acquisition
11.2.2 Expansion and Investment
11.2.3 New Product Development & Technological Advancements
11.2.4 Partnership
11.3 Microquadrant for Packaging Printing Manufacturer
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Benchmarking
11.4.1 Strength of Product Portfolio
11.4.2 Business Strategy Excellence

12 Company Profiles
12.1 Mondi Plc
12.2 Sonoco Products Company
12.3 Graphics Packaging Holding Company
12.4 Quad/Graphics, Inc.
12.5 Amcor.
12.6 Constantia Flexibles GmbH
12.7 Quantum Print and Packaging Ltd.
12.8 WS Packaging Group, Inc.
12.9 Toppan Printing Co., Ltd.
12.10 Duncan Printing Group
12.11 Belmont Packaging
12.12 Shree Arun Packaging Co. (SAPCO)
12.13 The Saint Petersburg Exemplary Printing House
12.14 Flexo Print GmbH
12.15 Coveris
12.16 Rotostampa S.R.L.
12.17 Quantum Packaging

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