Global Packaging Printing Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Packaging Printing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The packaging printing market is expected to grow at a CAGR of 9% over the forecast period (2021-2026). The printed packages enable the manufacturers to enhance the visibility of the products, thereby, attracting the buyer's attention and propelling him to go for the product.

Companies Mentioned

• Mondi PLC
• Ahlstrom-Munksjo Oyj
• Autajon CS
• Huhtamaki Group
• Avery Dennison Corporation
• CCL Industries Inc.
• Clondalkin Group Holdings BV
• Constantia Flexibles Group GmbH
• Amcor PLC
• 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
• Garsu Pasaulis UAB
• Duncan Print Group

Key Market Trends

Labels are Expected to Hold Significant Market Share

• Organizations, such as Xeikon and Neilpeter, among others, believe that labels are the perfect approach to attract the customer and gain huge traction toward the brand. Additionally, according to foodinsight.org, consumers are more influenced by labels while shopping for food, as compared to eating away from home. Such instances are indicative of the fact that it have become imperative for the players to print innovative and attractive labels, thereby, fueling the market growth.
• The rising need to ensure quick turnaround, profits, finishes, repeat lengths, speed, flexibility, and responsiveness is propelling the players in the market, to come up with solutions that enable them to meet such objectives.
• In September 2019, Tilia Labs announced the launch of Aries step-and-repeat for label printers that enable quick and easy layout for preprint, cutting, and finishing, hence, reducing time and cost in label production.
• The labels are adopted across various end-user markets, such as food, beverages, and cosmetics, among others. In the alcoholic beverages market, according to the Resource Label Group, there are as many as a million wine labels in the global market. Moreover, most of the wine label uses paper label look or no label look with film label. Increasing wine consumption may, therefore, boost the market growth over the forecast period.

North America is Expected to Hold the Largest Share

• The region is driven by demand for pouches, shrink sleeves, diversified food products, higher-quality packaging, brand protection, embellishments, and sustainable printing, which has propelled the players in the market to come up with new solutions that enable them to meet the growing demand.
• In September 2019, HP Indigo and Karlville unveiled a new solution HP Indigo 20000 Digital Press, to optimize pouch production for HP Indigo digital printing, allowing immediate time-to-market for short and medium runs. The solution makes it easy to deliver pouches on-demand more sustainably, while complying with food packaging regulations. Such instances are expected to fuel the market growth over the forecast period.
• Furthermore, some of the prominent players in the market have expanded their presence in their region that may enable them to cater to the growing demand, in turn, boosting the adoption of the packaging printing. In August 2019, Haney expanded its digital printing and packaging capabilities with the launch of Haney Digital arm, which is likely to focus on print, lamination, and converting short-run flexible packaging. The offerings may include printed or laminated roll stock for VFFS and HFFS machine applications, lamination for printed or unprinted flexible packaging applications, and printed and laminated pre-made stand-up pouches with fitment options.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Industry Attractiveness - Porter's Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers/Consumers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitute Products

4.2.5 Intensity of Competitive Rivalry

4.3 Market Drivers

4.4 Market Restraints

5 MARKET SEGMENTATION

5.1 By Printing Technology

5.1.1 Offset Lithography

5.1.2 Rotogravure

5.1.3 Flexography

5.1.4 Digital Printing

5.1.5 Screen Printing

5.2 By Ink Type

5.2.1 Solvent-based Ink

5.2.2 UV-curable Ink

5.2.3 Aqueous Ink

5.3 By Packaging Type

5.3.1 Label

5.3.2 Plastic

5.3.3 Glass

5.3.4 Metal

5.3.5 Paper and Paperboard

5.3.6 Other Packaging Types

5.4 By Application

5.4.1 Cosmetic and Housecare

5.4.2 Food and Beverage

5.4.3 Pharmaceutical

5.4.4 Other Applications

5.5 By Geography

5.5.1 North America

5.5.2 Europe

5.5.3 Asia-Pacific

5.5.4 Latin America

5.5.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.2 Investment Analysis

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/6yj993