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Packaging Printing Market Expected to Cross USD 180 Billion Market Value by 2022 : Global Market Is Growing at 5% CAGR

Packaging Printing Market Information Report by Printing Technology (Flexography, Gravure, and Digital), by Application (Food & Beverage, Personal Care, Pharmaceutical, and others), and by Region - Global Forecast to 2022

 

Pune, India -- (SBWIRE) -- 04/09/2018 -- AR Packaging Group AB, Amcor Limited, Belmont Packaging, Canon, Inc., DS Smith Packaging Limited, Duncan Printing Group, Dunmore, E.I. Du Pont Nemours and Company, Eastman Kodak Co., Edelmann Packaging México S.A. De C.V., Xeikon N.V., and Xerox Corporation are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Packaging Printing Market.

The packaging printing market is expected to grow over the CAGR of around 5% during the period 2017 to 2022.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Packaging Printing Market Information from 2016 to 2022"

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Industry News

In September 2017, ProAmpac, one of the largest flexible packaging manufacturers, announced that is has acquired Wisconsin-based PolyFirst Packaging. Specializing in printed/customized roll stock and various types of plastic pouches and bags, PolyFirst provides new capabilities in cold seal and e-commerce products to complement ProAmpac's existing flexible packaging product offerings.

EFI has announced that it has completed the acquisition of Group Rhapso S.A. ("Rhapso"), a printing and packaging software solutions developer based in Les Ulis, France.

Nosco, Inc., a subsidiary of Holden Industries, Inc., announced that it has acquired assets of Knight Packaging Group, Inc., a Chicago-based offset folding carton printer with more than 50 years of experience in the industry.

Global Packaging Printing Market - Segmentation

Global Packaging Printing Market is segmented in to three key dynamics for an easy grasp and enhanced understanding.

On the basis of technology, the market has been segmented as flexography, Gravure, and Digital. Flexography dominates the technology segment of the market. This technology has the ability to print images that are superior in quality and to withstand various climatic conditions. Digital printing technology is expected to grow at a highest CAGR during the forecast period. This technology is it is highly preferred for packaging printing in personal care & cosmetics products, due to aesthetic appeal facility to attract consumers at point-of-sale (POS).

On the basis of application, the market has been segmented into Food & Beverage, Personal Care, Pharmaceutical, and others. Food and beverages are the major applications of the market. Demand for ready-to-eat and on-the-go foods and drinks continues to grow. With increase in the consumption of processed food will increase the demand of the market. Personal Care is also is also the major application of the market.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

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Global Packaging Printing Market - Regional Analysis

Asia Pacific dominates the global packaging printing market and expected to grow at the fastest pace during the forecast period. High growth in the retail sector, favorable economic conditions in the region, significant growth of the flexible packaging market, and advancement in the food packaging industry are the factors driving the growth of the market in the region. High growth in In Asia Pacific region, China, India, Malaysia, and Indonesia are major markets for Packaging Printing. China accounted for the largest share in Asia pacific region mainly due to strong economic growth.

Europe dominates the global Packaging Printing market. The U.K., Germany and France dominate the Packaging Printing market in Europe. Growing demand for consumer goods and packaged foods is expected to spur market growth.

The report for Global Packaging Printing Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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