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://mrr.cm/JJz
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