(EMAILWIRE.COM, December 25, 2018 ) The global packaging printing market is dominated by players such as HP Inc. (U.S.), Xerox Corporation (U.S.), Toppan Printing co, Ltd. (Japan), Quad/Graphics Inc. (U.S.), Mondi plc (South Africa), i.e. Du Pont De Nemours and Company (U.S.), and Kodak Co. (U.S.).
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The management of packaging
in the supply chain has always been a critical component in the ability to achieve a lean manufacturing process. That is even more important in the new global economy that leverages intelligent global sourcing for regional product postponement.
The global market for packaging printing is projected to grow from USD 115.13 billion in 2015 to reach USD 192.75 billion by 2026, at an estimated CAGR of 4.9%. The packaging printing market is driven by factors such as growing demand for sustainable printing, increasing demand for flexible packaging, cost effectiveness, and reduced packaging waste.
Key Target Audience
Manufacturers of packaging printing
Importers and exporters of packaging printing
Traders, distributors, and suppliers of packaging printing
End users (food & beverage, healthcare, and cosmetics & toiletries industries)
Complete Report on Packaging Printing Market spread across 202 Pages, Profiling 16 Companies and Supported with 141 Tables and 49 Figures is now available at http://www.whatech.com/market-research/materials-chemicals/533531-explore-packaging-printing-market-key-insights-size-company-profiles-industry-forecast-and-overview .
Packaging printing not being suitable for heavy items is the strongest restraint for the industry. Digital printing of the printing technology segment projected to grow at a highest CAGR during forecasted period (2016-2021) The digital printing technology of the printing technology segment is projected to grow at the highest between 2016 and 2021. The excellent print-ability and aesthetic appeal will drive the market of the digital printing technology in the packaging printing market.
In terms of value, flexography printing segment of printing technology is accounted for largest market share and is projected to grow at a moderate CAGR during forecast period. This growth can be attributed to its ability to print images that are superior in quality and to withstand various climatic conditions.
Premium Insights
1 Packaging Printing Market Growth
2 Packaging Printing Market, By Printing Technology
3 Asia-Pacific Packaging Printing Market, By Country & Printing Technology
4 Packaging Printing Market Size, By Region
5 Packaging Printing Market, By Key Country
Get 22% Discount on Packaging Printing Market by Printing Ink (Aqueous & UV-Based), Printing Technology (Flexography, Gravure, Digital), Material (Paper & Paperboard, Plastic), Application (Food & Beverage, Cosmetics, and Pharmaceutical), and Region – Global Forecast to 2026 report @ http://www.reportsnreports.com/contacts/discount.aspx?name=411303 .
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe. In Asia-Pacific, China is the largest consumer for packaging printing, followed by Japan. China, with its growing food & beverage and healthcare industries, is expected to drive the packaging printing market. Japan, with its growing inclination toward convenient products, is expected to impact the packaging printing market in the Asia-Pacific region.
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