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Packaging Printing Market: Broadening Dimensions of the Market Size, Growth Rate, Key Drivers and Trends
Packaging Printing Market
What Is The Projected Market Size Of The Global Packaging Printing Market And Its Growth Rate?
The packaging printing market exhibits a promising trajectory:
• Recorded a market size of $474.1 billion in 2024.
• Estimated to reach $508.37 billion in 2025 with a CAGR of 7.2%.
• Expected to escalate to $730.43 billion by 2029, showcasing a CAGR of 9.5%.
What Is Driving The Growth In The Packaging Printing Market?
The exponential growth of the packaging printing market is fuelled by heightened demand for packaged food. The packaging of food safeguards it from direct contact, prolongs its longevity, and allows the display of product and brand information on food packages. Consequently, as the demand for packaged food swells, so does the demand for packaging printing. For instance, the Mexican packaging machinery market surged from USD 710 million in 2021 to USD 906 million in 2022, reflecting a 25% upsurge in demand for packaging and processing machinery, as per a report by the International Trade Administration.
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Who Are the Key Players Driving Packaging Printing Market Growth?
Noteworthy entities operating in the packaging printing market include:
• Belmont Packaging Ltd.
• Constantia Flexibles Group GmbH
• Coveris Management GmbH
• Duncan Printing Group
• Eastman Kodak Company
• HP Inc.
• Mondi PLC., Quad Inc.
• Quantum Print and Packaging Ltd.
• Shree Arun Packaging Co
• Toppan Printing Co Ltd
• WS Packaging Group Inc
• Xerox Corporation
• Canon Inc.
• Du Pont De Nemours and Company
• Paramount packaging Ltd.
• Rotostampa S.R.L.
• The Saint Petersburg Exemplary Printing House
• Smurfit Kappa Group plc
• DS Smith plc
• Georgia-Pacific LLC
• International Paper Company
• Sealed Air Corporation
• WestRock Company
• Stora Enso Oyj
• Sonoco Products Company
• Mayr-Melnhof Karton AG
• Trustpack UAB
• Canpac Trends Pvt. Ltd.
• Scodix
What Are The Key Trends In The Packaging Printing Market?
Key trends shaping the market dynamics include:
• Technological advancements
• Sustainable packaging
• Digital printing technology
• 3D printing
• Smart packaging
• Security printing
What Are The Segments Of The Global Packaging Printing Market?
The packaging printing market is divided into several segments:
• By Type: Corrugated, Flexible, Folding Cartons, Label And Tags, Others
• By Printing Technology: Flexography, Gravure, Offset, Screen Printing, Digital
• By Printing Ink: Aqueous Ink, Solvent-Based Ink, UV-Curable Ink, Latex Ink, Dye Sublimation Inks, Others
• By Application: Food And Beverage, Household And Cosmetics, Pharmaceutical, Others
Which Region Leads The Packaging Printing Market?
Being the largest region in the packaging printing market in 2024, North America continues to dominate the market. However, Asia-Pacific is expected to outpace other regions as the fastest-growing region during the forecast period.
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What Is Covered In The Packaging Printing Market Global Market Report?
- Market Size Analysis: Analyze the Packaging Printing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Packaging Printing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Packaging Printing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Packaging Printing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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