Materials & Chemicals Market Research News

Packaging printing market worth 574.47 billion USD by 2026 published by leading research firm

Materials & Chemicals Research

[202 Pages Report] Packaging Printing Market report categorizes global market by Ink Type (Water Based & UV Curable), Printing Technology (Flexography, Rotogravure, Offset, Digital), Material (Paper & Paperboard, Flexible & Rigid Plastic, Glass & Metal), Application (Food & Beverages, Cosmetics & Toiletries, and Healthcare)

The report "Packaging Printing Market by Printing Ink (Aqueous & UV-Based), Printing Technology (Flexography, Gravure, Digital), Material (Paper & Paperboard, Plastic), Application (Food & Beverage, Cosmetics, and Pharmaceutical), and Region - Global Forecast to 2026", The packaging printing market size is projected to grow from USD 342.48 Billion in 2016 to reach USD 574.47 Billion by 2026, at a CAGR of 5.3%

Browse 141 market data tables and 49 figures spread through 202 pages and in-depth TOC on “Packaging Printing Market by Printing Ink (Aqueous & UV-Based), Printing Technology (Flexography, Gravure, Digital), Material (Paper & Paperboard, Plastic), Application (Food & Beverage, Cosmetics, and Pharmaceutical), and Region - Global Forecast to 2026”

www.marketsandmarkets.com/Market-R…et-153207109.html

The global packaging printing market is witnessing demand owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the demand from the food and pharmaceuticals sectors.

The growing pharmaceutical industry and the popularity of using convenient packaging are the major drivers of the packaging printing market.

Food & beverages segment is estimated to be the fastest-growing segment during forecasted period (2016-2026)

The food & beverages segment is estimated to be the fastest-growing segment during forecast period (2016–2026). 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.

Increase in demand for product differentiation and labeling for their authentication drives the market growth for printing in the food & beverage packaging segment.

Download PDF Brochure: www.marketsandmarkets.com/pdfdownload.asp?id=153207109

Label market segment is estimated to have the largest share in 2015

The packaging printing market, on the basis of packaging type, is classified into labels, flexible packaging, corrugated, folding cartons, and others, which includes rigid plastic packaging and metal packaging. The labels segment accounted for the largest share in 2015 due to its numerous application such as displaying sequential barcodes and numbering, variable text, titles, or graphics, and add substantial value to the product.

Asia-Pacific projected to account for the largest share in the packaging printing market in 2021

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 in 2021.

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 increase in manufacturing activities will drive demand in the packaging industry.

Request for Sample: www.marketsandmarkets.com/requests….asp?id=153207109

The major players include HP Inc. (U.S.), E.I. du Pont de Nemours and Company (U.S.), Toppan Printing co, Ltd. (Japan), Xerox Corporation (U.S.), Mondi Plc (South Africa), Quad/Graphics, Inc. (U.S.), and WS Packaging Group (U.S.).

Companies have adopted strategies such as new product launches and acquisitions to cope with the increasing demand in the emerging markets.

News From

MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany about: 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 ...
This email address is being protected from spambots. You need JavaScript enabled to view it.