How Will The Packaging Printing Market Size And Growth Rate Look Like By 2025?
The packaging printing market size has grown robustly in recent years, set to escalate from $474.1 billion in 2024 to $508.37 billion in 2025, marking a compound annual growth rate (CAGR) of 7.2%. The growth during this period is credited to variables such as consumer goods growth, branding and marketing, the e-commerce boom, regulatory compliance and the food and beverage industry. Looking ahead, the packaging printing market size is expected to continue its impressive surge, with a forecasted value of $730.43 billion in 2029 at a CAGR of 9.5%. The growth in the forecast period can be attributed to pharmaceutical packaging, sustainable packaging, health and safety concerns, global supply chain dynamics, customization and personalization. Leading trends in the forecast period include technological advancements, sustainable packaging, digital and 3D printing technologies, smart packaging, and security printing.
Get your free sample of the Global Packaging Printing Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7698&type=smp
What Factors Are Propelling The Growth Of The Packaging Printing Market?
The surge in demand for packaged food is a key driver for the growth of the packaging printing market going forward. Packaged food, sealed to prevent direct contact and allow long-term preservation, often employs packaging printing to provide product information and brand details on the packaging material. For instance, a November 2023 report by the International Trade Administration highlighted significant growth in the Mexican packaging machinery market in 2022, rising from USD 710 million in 2021 to USD 906 million, driven by a 25% increase in demand for packaging materials and processing machinery. Hence, the increased demand for packaged food is propelling the growth of the packaging printing market.
What Are The Major Segments Of The Global Packaging Printing Market?
1) By Type: Corrugated, Flexible, Folding Cartons, Label And Tags, Other Types
2) By Printing Technology: Flexography, Gravure, Offset, Screen Printing, Digital
3) By Printing Ink: Aqueous Ink, Solvent-Based Ink, UV-Curable Ink, Latex Ink, Dye Sublimation Inks, Other Printing Inks
4) By Application: Food And Beverage, Household And Cosmetics, Pharmaceutical, Other Applications
Order your detailed report now at:
https://www.thebusinessresearchcompany.com/report/packaging-printing-global-market-report
Which Companies Are Leading The Packaging Printing Market?
Major players in the packaging printing market include Belmont Packaging Ltd., Constantia Flexibles Group GmbH, Coveris Management GmbH, Duncan Printing Group, Eastman Kodak Company, HP Inc., Mondi PLC., Quad Inc., Quantum Print and Packaging Ltd., Shree Arun Packaging Co, Toppan Printing Co Ltd, WS Packaging Group Inc, Xerox Corporation, Canon Inc., Du Pont De Nemours and Company, Paramount packaging Ltd., Rotostampa S.R.L., The Saint Petersburg Exemplary Printing House., Smurfit Kappa Group plc, DS Smith plc, Georgia-Pacific LLC, International Paper Company, Sealed Air Corporation, WestRock Company, Stora Enso Oyj, Sonoco Products Company, Mayr-Melnhof Karton AG, Trustpack UAB, Canpac Trends Pvt. Ltd., Scodix.
What Are The Emerging Trends In The Packaging Printing Market?
Trends indicate technological advancements playing a key role in the packaging printing market. Industry leaders are in a race to embrace new technologies to solidify their mark on the market. In April 2022, Netherlands-based Xeikon B.V., a digital printing technology company, unveiled Titon technology with a unique toner formulation offering all the benefits of UV inks, including its suitability for a broad range of applications with both direct and indirect food contact. Hoping to enhance the consumer experience, Titon toner is completely odorless and tasteless, and resistant to scuffing, scratching, water, sunlight, high temperatures and a large set of liquid chemicals.
Which Regions Are Dominating The Packaging Printing Market?
In 2024, North America was the largest region in the packaging printing market while Asia-Pacific is expected to be the fastest-growing region in the forecast period. The other regions covered in the packaging printing market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Packaging Printing Market Report 2025 Offer?
Packaging printing refers to a technology used for packing and beautifying products, being an effective avenue for communicating the quality, appearance, and information of a product, as well as brand promotion. Printed packaging can attract buyers, establishing a strong relationship with consumers. The Packaging Printing Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7698
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
