Global Printing Market for Packaging to Grow at a CAGR of 6.02% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Printing Market for Packaging 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 03/17/2016 --Report forecast the global printing market for packaging to grow at a CAGR of 6.02% during the period 2016-2020.

The printing market has a wide range of applications in the packaging industry, including segments like food and beverage, personal care, healthcare, and others. The food and beverage segment held the majority of the global printing market for packaging.

The increase in demand for innovative packaging has driven the growth of the printing market. The packaging industry has undergone a significant transformation over the past decade, with increasing importance of labeling and printing text on the packaging both in terms of promotional aspects and regulatory aspects. This increased importance has boosted the demand of the printing market. The demand for digital printing has increased due to its high-quality printing. Flexography printing will also grow due to the demand for convenient and flexible packaging.

The report covers the present scenario and the growth prospects of the global printing market for packaging for 2016-2020. Based on type of technology, the global printing market for packaging can be classified into the following segments:
- Flexography
- Rotogravure
- Digital
- Others

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the significance of packaging is increasing worldwide. Apart from providing information about the price and name of the product, packaging in terms of design, color, and ingredients plays a big role in attracting customers. In the highly cluttered markets, creating shelf appeal and visibility is the most important strategy for manufacturers. Hence, manufacturers focus on good packaging to create brand awareness and attract consumers. This also contributes to the growth of the packaging and labeling industry, thereby bringing growth to the printing market for packaging and labeling.

Further, the report states that high capital investment is needed for the digital printing equipment. The cost of digital printing is high because of the high average unit cost of printing. The huge investment requirements prevent the development of new technologies and are a major challenge for the growth of the market.

Global Printing Market for Packaging 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Printing Market for Packaging: AB Graphic International, HP, Landa, RR Donnelley & Sons, Xeikon, and Xerox.

Other Prominent Vendors in the market are: Anglia Labels, Cenveo Labels and Packaging Group, Dainippon Screen Group, EC Labels, Edwards Label, Flexo Image Graphics, Frontier Label, Graphix Labels, Harkwell Labels, Heidelberg Druckmaschinen, Lofton Label, Tonejet and Yerecic Label.

Market driver
- Growth in packaging and labeling industry
- For a full, detailed list, view our report

Market challenge
- High investment costs
- For a full, detailed list, view our report

Market trend
- Increased demand from emerging regions
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 53 pages and 22 Exhibit "Global Printing Market for Packaging 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-printing-market-packaging-2016-2020

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Market Research Reports, Inc
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http://www.marketresearchreports.com/technavio/global-printing-market-packaging-2016-2020

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