CHICAGO, Jan. 18, 2021 /PRNewswire/ -- According to the new market research report "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 2025", published by MarketsandMarkets™, the global Packaging Printing Market size is projected to grow from USD 352.1 billion in 2020 to USD 433.4 billion by 2025, at a CAGR of 4.2% from 2020 to 2025.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153207109
Browse in-depth TOC on "Packaging Printing Market"
165 – Tables
46 – Figures
206 – Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/packaging-printing-market-153207109.html
The market is projected to grow in accordance with the increase in the demand for packaging printing for attractive packaging of food & beverage products across the globe. Furthermore, the market is witnessing demand, owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the packaging industry, along with the growing demand for aesthetic appeal and innovative printing techniques.
The labels & tags segment is estimated to have the largest share in 2019
The packaging printing market, on the basis of packaging type, is classified into labels & tags, flexible packaging, corrugated, folding cartons, and others, which includes wood and textile packaging. The labels segment accounted for the largest share in 2019, due to its numerous applications such as displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product.
The food & beverages segment is estimated to be the fastest-growing segment during the forecast period
The food & beverages segment is estimated to be the fastest-growing segment during forecast period (2020–2025). The demand for packaging printing is experiencing high demand from the food & beverage industry, mainly because of the growing demand for packaged and branded products. An increase in demand for product differentiation and labeling for their authentication drives the market growth for printing in the food & beverage packaging segment.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=153207109
Asia Pacific projected to account for the largest share in the packaging printing market by 2025
Asia Pacific, with emerging economies such as China and India, is expected to drive the packaging printing market. China is projected to account for the largest market share and dominate the Asia Pacific packaging printing market by 2025. The growing healthcare and food & beverage industries are likely to drive the demand for packaging printing in China. In addition to this, the country's large consumer base, overall positive economic environment, and an increase in manufacturing activities will drive demand in the packaging industry.
The major players include Mondi plc (Austria), Sonoco Products Company (US), Graphics Packaging Holding Company (US), Quad/Graphics (US), Amcor Limited (Australia), Constantia Flexibles (Austria), Quantum Print and Packaging Limited (UK), WS Packaging Group (US), Toppan Printing Company (Japan), and Duncan Printing Group (UK). Companies have adopted strategies such as new product launches and acquisitions to cope with the increasing demand in the emerging markets.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=153207109
Browse Adjacent Markets: Packaging Market Research Reports & Consulting
Related Reports:
Industrial 3D Printing Market by Offering (Printers, Materials, Software, Services), Application (Manufacturing, Prototyping), Process, Technology, Industry (Aerospace & Defense, Automotive), and Geography - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/industrial-3d-printing-market-160028620.html
COVID-19 Impact on 3D Printing Market by Offering (Service, Printer, Material, and Software) - Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/packaging-printing-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/packaging-printing.asp
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO51344&Transmission_Id=202101180530PR_NEWS_USPR_____IO51344&DateId=20210118)
Share this article