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

2020-01-22
Price :
Published : Jan-2020
No. of Pages : 171

“Growth indemand from the food & beverage industry to drive the market for packaging printing”

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 indemand 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.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the packaging printing market.

  • By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
  • By Designation: C-Level: 40%, D-Level: 35%, and Others: 25%
  • By Region: North America: 20%, Europe: 30%, Asia Pacific: 35%, the Middle East & Africa: 10%, and South America: 5%

Research Coverage

The market study covers the packaging printing market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on the packaging type, printing technology, printing ink, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the packaging printing market.

Key Benefits of Buying the Report

The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall packaging printing market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, restraints, and opportunities.

Filed in: Manufacturing
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Stucco Market by Material (Cement, Aggregates, Admixture, Plasticizers, Bonding Agent), Type (Traditional, Insulated), Base (Concrete, Masonry, Tile), End-use (Residential & Non-residential), and Region- Global forecast to 2024

“Increasing consumption of stucco in the non-residential construction is projected to drive the overall growth of the stucco market across the globe from 2019 to 2024.” The stucco market is projected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.2% from 2019 to 2024. The global stucco market has witnessed high growth primarily because of the increasing non-residential construction worldwide. Rapid industrialization and expansion in the emerging economies, coupled with an increasing need for sustainable and energy-efficient building solutions, are contributing to the increasing growth of the stucco market over the next few years. However, the preference of consumers for finished systems over stucco may hinder the growt......
$5650

Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Material (Steel, Non-Steel) Application (Chemical, Energy, HVACR, Food & Beverage, Power Generation, Pulp & Paper), and Region – Global Forecast to 2024

“The heat exchangers market is projected to grow at a CAGR of 6.0% during the forecast period.” The heat exchangers market is estimated to be USD 15.3 billion in 2019 and is projected to reach USD 20.5 billion by 2024, at a CAGR of 6.0% between 2019 and 2024. Heat exchangers are environmentally-friendly, and they offer advantages, such as high operating efficiency and reduced energy consumption owing to which heat exchangers have high demand across a wide range of industries, including nuclear & thermal power plants, petroleum refineries, petrochemical plants, food processing plants, chemical, and HVACR. “Energy segment is expected to be the fastest-growing end-use industry of the heat exchangers market during the forecast period.” The energy industry segment is expect......
$5650

Vacuum Evaporators Market by Type Of Technology (Heat Pump, Mvr, Thermal), Application (Wastewater Treatment, Product Processing), End-Use Industry (Chemical & Petrochemical, Automotive, Food & Beverage, Energy & Power), Geography – Global Forecast to 2024

“The vacuum evaporators market is projected to witness a CAGR of 6.9% from 2019 to 2024, in terms of value” The vacuum evaporators market is projected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a CAGR of 6.9% from 2019 to 2024. The implementation of stringent environmental regulations, water scarcity across the globe, and increasing adoption of zero liquid discharge (ZLD) systems are major factors driving the vacuum evaporators market. “The wastewater treatment application segment is anticipated to lead the vacuum evaporators market during the forecast period” Based on application, the wastewater treatment segment led the vacuum evaporators market in 2018, in terms of value, and is also projected to grow at the highest CAGR during the forecast peri......
$5650

Construction in Malaysia – Key Trends and Opportunities to 2024

Construction in Malaysia - Key Trends and Opportunities to 2024 Summary Malaysia's construction industry contracted by 1% in real terms in 2019, following an average annual growth of 6.7% during the preceding four years. This decline can be attributed to the global economic slowdown, a halt in several mega construction projects, and an increase in the country's unsold housing stocks. On the residential construction side, the prognosis remains negative, and 2019 will see a contraction of 5.2% in construction output value, following the steep decline of 7.5% in 2018. Although real estate transactions are on the rise - with some local agents predicting the highest sales levels in four years in 2019 - unsold housing stock remains on an upward trend, and developers are holding back new launc......
$1495

Construction in Turkey – Key Trends and Opportunities to 2024

Construction in Turkey - Key Trends and Opportunities to 2024 Summary The slump in construction activity in Turkey deepened in 2019, with the industry contracting by 8.0% in real terms, following a decline of 2.1% in 2018. The country's economic woes have severely impacted construction activity; the depreciation in the lira and high interest rates have pushed up construction costs and the cost of borrowing, such that the viability of projects has been eroded and firms are reportedly bringing projects to a halt. Increasing numbers of construction companies have also collapsed or have sought bankruptcy protection. There are still factors that could prop up the industry towards the latter part of the forecast period, notably the government's focus on developing transport, residential and e......
$1495

Construction in Slovenia – Key Trends and Opportunities to 2023

Construction in Slovenia - Key Trends and Opportunities to 2023 Summary In real terms, Slovenia's construction industry regained growth momentum in 2018, with output expanding by 12.8% - up from 9% in 2017. The country's construction industry is expected to register a growth of 5.6% in real terms in 2019, and 3.6% in 2020. Over the forecast period (2019-2023), the industry's growth will be driven by government efforts to develop the country's transport infrastructure, coupled with efforts to boost the residential construction market. The government plans to invest EUR1.2 billion (US$1.4 billion) to develop the second railway track between Diva?a and Koper by 2025. The focus on the development of renewable energy infrastructure is also expected to drive industry growth. The government a......
$1495

Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region – Global Forecast to 2025

“Instrumentation valves and fittings market to grow at 3.0% CAGR from 2019 to 2025” The global instrumentation valves and fittings market size is expected to grow from USD 3.2 billion in 2019 to USD 3.9 billion by 2025, at a CAGR of 3.0%.The uptrend in the oil & gas industry, mainly in the upstream sector, growth in the electronics & semiconductor industry and a large number of coal-based power projects in the Asian region, and increasing automation are creating scope for the instrumentation valves and fittings market. However, lack of standardization and policy issues are likely to hinder the growth of the instrumentation valves and fittings industry in the future. “Stainless steel material to dominate instrumentation valves and fittings market during forecast period......
$7150

Construction in Argentina – Key Trends and Opportunities to 2023

Construction in Argentina - Key Trends and Opportunities to 2023 Summary In real terms, the Argentine construction industry suffered a huge setback in 2018, registering a marginal growth of 0.2% that year, following an annual growth of 12.4% in 2017. This was due to falling economic activity, skyrocketing inflation, a high level of interest rates and the austerity measures adopted by the government to reduce the national debt, which in turn reduced public and private sector investments in construction projects. The industry is expected to contract by 6% in 2019 and 2.4% in 2020, due to the continued deteriorating macroeconomic conditions and the challenging business environment. Many of the construction projects included in the plan that was launched by the outgoing administration in 20......
$1495

Construction in Colombia – Key Trends and Opportunities to 2023

Construction in Colombia - Key Trends and Opportunities to 2023 Summary In real terms, the Colombian construction industry recovered in 2018, after registering a lackluster performance in 2017. It registered an annual growth rate of 0.8% in 2018 - up from -2% in 2017. This recovery was driven by positive developments in economic conditions, which led to a revival in both investor and consumer confidence. The country's construction industry is expected to register a decline of 1.8% in real terms in 2019, due to the continued weakness in residential investments. Residential construction, which is one of the main engines of the country's economy, has fallen considerably in the past two years, with the total land permitted in 2018 falling by 6.1% in comparison to levels registered in 2017.......
$1495

Global Construction Outlook to 2023 – Q4 2019 Update

Global Construction Outlook to 2023 - Q4 2019 Update Summary The pace of expansion in the global construction industry in 2019 is expected to be the slowest in a decade, standing at 2.6%, according to GlobalData. The slowdown in construction output growth has been particularly severe in advanced economies, including the US, the UK and Australia. In China, where the authorities are stepping up investment in infrastructure to prevent a continued slowdown, growth will remain positive, contributing to a slight acceleration in growth in total output in the emerging markets. GlobalData's central forecast is for global construction output growth to edge up to 3.1% in 2020 and then to stabilize at 3.4% over the remainder of the forecast period, which runs to 2023. This is in part driven by a pro......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy