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Key Trends Influencing the Growth of the Packaging Printing Market in 2025: Innovative Technological Advancements Reshape The Packaging Printing Market
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What Is the Expected CAGR for the Packaging Printing Market Through 2025?_x000D_
In the past few years, the market size of packaging printing has shown significant growth. It is projected to rise from $474.1 billion in 2024 to approximately $508.37 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.2%. The substantial increase during the historic period can be credited to the growth in consumer goods, branding and marketing, the surge in e-commerce, regulatory compliance, and the food and beverage industry._x000D_
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What's the Projected Size of the Global Packaging Printing Market by 2029?_x000D_
The market size of packaging printing is projected to witness robust expansion in the subsequent years. By 2029, it is expected to attain a value of $730.43 billion, growing at a compound annual growth rate (CAGR) of 9.5%. This surge during the forecast period is linked to elements like pharmaceutical packaging, sustainable packaging techniques, concerns on health and safety, worldwide supply chain, as well as customization and personalization. Key trends during this period will be statistical advancements, eco-friendly packaging, the application of digital printing technology, 3D printing, intelligent packaging, and security printing._x000D_
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Top Growth Drivers in the Packaging Printing Industry: What's Accelerating the Market?_x000D_
The anticipated surge in the demand for packaged food is predicted to drive the growth of the packaging printing market. The term 'packaged food' pertains to food that is enveloped or sealed to avert any direct contact, hence preserving it for an extended duration. Packaging printing is a method that showcases brand data and provides vital product details on food packaging materials. For example, in November 2023, the International Trade Administration, a U.S. government agency, reported that there was significant growth in the Mexican packaging machinery market in 2022. The market value increased from USD 710 million in 2021 to USD 906 million due to a 25% surge in demand for packing and processing machinery. Thus, the waxing demand for packaged food is the force propelling the growth of the packaging printing market._x000D_
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What Trends Will Shape the Packaging Printing Market Through 2029 and Beyond?_x000D_
The advent of technology is an emerging trend that is gaining traction in the printing sector of packaging. To maintain their market standings, key players are coming up with new technological solutions. Xeikon B.V., a Dutch firm specializing in digital printing technologies, for example, launched the Titon technology in April 2022. This unique toner formulation, which offers all UV ink benefits, is the safest technology for food products. It's completely without taste or smell, making sure the customer's experience when using the product isn't compromised. The TITON toner is versatile; it's suitable for a wide range of applications that directly or indirectly come into contact with food. Plus, it's resistance to scratches and scuffs, water, exposure to the sun, high temperatures, and numerous liquid chemicals, further bolsters its value._x000D_
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What Are the Main Segments in the Packaging Printing Market?_x000D_
The packaging printing market covered in this report is segmented -_x000D_
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1) By Type: Corrugated, Flexible, Folding Cartons, Label And Tags, Other Types_x000D_
2) By Printing Technology: Flexography, Gravure, Offset, Screen Printing, Digital_x000D_
3) By Printing Ink: Aqueous Ink, Solvent-Based Ink, UV-Curable Ink, Latex Ink, Dye Sublimation Inks, Other Printing Inks_x000D_
4) By Application: Food And Beverage, Household And Cosmetics, Pharmaceutical, Other Applications_x000D_
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Subsegments:_x000D_
1) By Corrugated Packaging: Single-Wall Corrugated, Double-Wall Corrugated, Triple-Wall Corrugated_x000D_
2) By Flexible Packaging: Pouches, Films, Laminates_x000D_
3) By Folding Cartons: Straight Tuck End Cartons, Reverse Tuck End Cartons, Snap Lock Bottom Cartons, Auto Bottom Cartons_x000D_
4) By Labels And Tags: Pressure-Sensitive Labels, In-Mold Labels, Shrink Sleeve Labels, Hang Tags_x000D_
5) By Other Types: Specialty Packaging, Sustainable Packaging, Gift Packaging_x000D_
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Which Top Companies are Driving Growth in the Packaging Printing Market?_x000D_
Major companies 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_x000D_
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Which Regions Will Dominate the Packaging Printing Market Through 2029?_x000D_
North America was the largest region in the packaging printing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging printing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
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