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By 2025, the market for packaging printing will be worth $433.4 billion.

Published: December 6, 2022

Author: TEXTILE VALUE CHAIN

According to a new market research report, the “Packaging Printing Market by Printing Ink (Aqueous, UV-based), Printing Technology (Flexography, Gravure, Digital), Packaging Type (Labels & Tags, Flexible), Application (Food & Beverages, Cosmetics, Pharmaceuticals), & Region – Global Forecast to 2025″, The global packaging printing market size is projected to grow from USD 352.1 billion in 2020 to USD 433.4 billion by 2025, at a CAGR of 4.2% from 2020 to 2025. The market is projected to grow in accordance with the increase in the demand for packaging printing for attractive packaging of food & beverage products across the globe. Furthermore, the market is witnessing demand, owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the packaging industry, along with the growing demand for aesthetic appeal and innovative printing techniques.

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165 Market data Tables
46 Figures
206 Pages and in-depth TOC on “Packaging Printing Market – Global Forecast to 2025″

This report also provides a comprehensive analysis of the companies listed below:

Mondi plc (Austria), Sonoco Products Company (US), Graphics Packaging Holding Company (US), Quad/Graphics (US), Amcor Limited (Australia), Constantia Flexibles (Austria), Quantum Print and Packaging Limited (UK), WS Packaging Group (US), Toppan Printing Company (Japan), and Duncan Printing Group (UK)

COVID-19 impact on global packaging printing marketThe global packaging printing market is expected to witness a moderate decrease in its growth rate in 2020-2021, as the packaging and market for chemicals, luxury goods, construction amongst other applications, will witness a significant decline in its demand owing to the lockdown activity across the globe. However, there will be an increase in the demand for packaging printing solutions for food & beverage and pharmaceutical applications, during COVID-19.

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The food & beverages segment is estimated to be the fastest-growing segment during the forecast period

The food & beverages segment is estimated to be the fastest-growing segment during forecast period (2020–2025). The demand for packaging printing is experiencing high demand from the food & beverage industry, mainly because of the growing demand for packaged and branded products. An increase in demand for product differentiation and labeling for their authentication drives the market growth for printing in the food & beverage packaging segment.

Asia Pacific projected to account for the largest share in the packaging printing market by 2025

Asia Pacific, with emerging economies such as China and India, is expected to drive the packaging printing market. China is projected to account for the largest market share and dominate the Asia Pacific packaging printing market by 2025. The growing healthcare and food & beverage industries are likely to drive the demand for packaging printing in China. In addition to this, the country’s large consumer base, overall positive economic environment, and an increase in manufacturing activities will drive demand in the packaging industry.

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