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Strategic Forecast for the Packaging Printing Industry: Market Outlook 2025-2034
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Packaging Printing Market Size Growth Forecast: What to Expect by 2025?_x000D_
The size of the packaging printing market has seen robust growth over the last few years. It is projected to expand from $474.1 billion in 2024 to $503.34 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. Factors contributing to this escalation in the historic period include the expansion of consumer goods, branding and marketing efforts, the e-commerce surge, regulatory compliance, and the food and beverage sector._x000D_
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How Will the Packaging Printing Market Size Evolve and Grow by 2029?_x000D_
In the forthcoming years, the packaging printing market is forecasted to witness substantial growth, reaching a worth of $715.03 billion in 2029 with a compound annual growth rate (CAGR) of 9.2%. The projected growth in this period may be credited to factors such as pharmaceutical packaging, sustainable packaging, health and safety issues, the global supply chain, and the trend of customization and personalization. The forecast period will be characterized by major trends, such as advancements in technology, focus on sustainable packaging, digital and 3D printing technologies, smart packaging, and security printing._x000D_
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What Drivers Are Propelling the Growth of Packaging Printing Market Forward?_x000D_
The growth of the packaging printing market is poised for a boost owing to an uptick in demand for packed food. Packed food refers to edibles that are sealed, henceforth avoiding direct exposure and having longevity. The printing on its packaging provides relevant product details and showcases brand data on the food packages. As an illustration, in November 2023, a report from the International Trade Administration, a U.S. governmental agency, expressed considerable growth in the Mexican packaging machinery market in 2022. This marked a leap from USD 710 million in 2021 to USD 906 million, propelled by a 25% hike in demand for packaging and processing machinery. Consequently, this surge in demand for packed food is fueling the packaging printing market._x000D_
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Which Emerging Trends Are Transforming the Packaging Printing Market in 2025?_x000D_
One key trend that is increasing in popularity in the packaging printing market is technological advancements. Many leading businesses in the market are adopting new technologies to maintain their market dominance. For instance, the digital printing technology firm based in the Netherlands, Xeikon B.V., unveiled its Titon technology in April 2022. The unique toner formulation in this technology delivers all UV ink benefits. It's the most food-safe technology that is entirely odorless and tasteless, not interfering with a customer's experience when consuming the packaged product. The TITON toner is adaptable for a variety of uses, both with direct and indirect food contact. This technology also shows resistance to abrasions, water, sunlight, high temperatures, and several liquid chemicals._x000D_
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What Are the Key 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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Who Are the Key Players Shaping the Packaging Printing Market's Competitive Landscape?_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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What Geographic Markets Are Powering Growth in the Packaging Printing Market?_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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