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According to Technavio analysts, the printing market share for the packaging industry is projected to increase by USD 72.34 billion by 2026 at a CAGR of 6.79%.
The printing market for packaging industry report extensively covers market segmentation by the following:
The report also offers information on several market vendors, including Anglia Labels Ltd., Bell Printers Pvt. Ltd., Dai Nippon Printing Co. Ltd., Duncan Print Group Ltd., DuPont de Nemours Inc., Eastman Kodak Co., Flexo Image Graphics Pvt. Ltd., Flint Group, Frontier Label Inc., HP Inc., Landa Corp. Ltd., LOFTON LABEL & PACKAGING INC., Mondi plc, Parksons Packaging Ltd., Quad/Graphics Inc., RR Donnelley and Sons Co., Sakata Inx India Pvt Ltd., Toppan Printing Co. Ltd., Xerox Holdings Corp., and A B Graphic International Ltd. among others. Furthermore, this market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
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Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growth of the packaging industry is notably driving the printing market growth for packaging industry, although factors such as high investments in digital printing may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the printing market for the packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Printing Market Driver for Packaging Industry
Key Printing Market Trend for Packaging Industry
Key Printing Market Challenge for Packaging Industry
This printing market for packaging industry analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global printing market for the packaging industry as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the printing market for the packaging industry during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the printing market for packaging industry encompasses successful business strategies deployed by the key vendors. The printing market for packaging industry is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The printing market for packaging industry forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the printing market for packaging industry, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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43% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the printing market for packaging industry in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The significant increase in the sales of food and beverages and consumer goods and the increase in population, along with the rise in purchasing power parity will facilitate the printing market for packaging industry growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 led to the imposition of a complete lockdown in the region. Several countries, such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines, were under a partial or full lockdown. Thus, the market in the region witnessed a slowdown in growth. However, in 2021, due to the availability of vaccines and reduction in COVID-19 cases, the COVID-related restrictions eased in the region. As the manufacturing activities resumed in end-use industries, the demand for packaging materials in these industries stabilized in the region. Such factors will propel the growth of the regional market in focus during the forecast period.
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The printing market share growth for packaging industry by the flexography printing segment will be significant during the forecast period. The growth is attributed to the various technological advancements relating to flexography printing. These advancements include inked plates, rotary letterpress prints, anilox rollers, methods to mount plates, curing and drying systems, and an extended fixed color palette.
This report provides an accurate prediction of the contribution of all the segments to the growth of the printing market size for packaging industry and actionable market insights on post COVID-19 impact on each segment.
Zink Printing market - The market is projected to grow by USD 96.95 million with a CAGR of 3.24% during the forecast period 2021 to 2026.
Americas Printing market for Packaging - The market share will grow at a CAGR of about 5% by 2021.
Printing Market Scope for Packaging Industry |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.79% |
Market growth 2022-2026 |
$ 72.34 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.43 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 43% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Anglia Labels Ltd., Bell Printers Pvt. Ltd., Dai Nippon Printing Co. Ltd., Duncan Print Group Ltd., DuPont de Nemours Inc., Eastman Kodak Co., Flexo Image Graphics Pvt. Ltd., Flint Group, Frontier Label Inc., HP Inc., Landa Corp. Ltd., LOFTON LABEL & PACKAGING INC., Mondi plc, Parksons Packaging Ltd., Quad/Graphics Inc., RR Donnelley and Sons Co., Sakata Inx India Pvt Ltd., Toppan Printing Co. Ltd., Xerox Holdings Corp., and A B Graphic International Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Technology
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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