What is the Historical Analysis of the Packaging Printing Market Size?
The packaging printing market has seen considerable growth due to a variety of factors.
• The market size for packaging printing has seen significant growth in recent years. It is expected to soar from a value of $474.1 billion in 2024 to $508.37 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 7.2%.
This rise during the historical period can be linked to the growth in consumer goods, branding and marketing efforts, the explosion of e-commerce, adherence to regulations, and the food and beverage industry.
What is the Forecasted Growth of the Packaging Printing Market Size?
The packaging printing market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations of robust expansion are predicted for the packaging printing market in the upcoming years. The market is anticipated to reach $730.43 billion by 2029, with a compound annual growth rate (CAGR) of 9.5%.
The surge during the forecast period can be credited to elements such as pharmaceutical packaging, sustainable packaging, health and safety considerations, the worldwide supply chain, and customization and personalization. Key trends during this period will consist of technological progress, eco-friendly packaging, digital print technology, 3D printing, intelligent packaging, and security printing.
What Key Factors and Trends are Driving the Growth of the Packaging Printing Market?
The packaging printing market is predicted to experience growth due to an upswing in the demand for packaged food. This pertains to food that is shielded from direct exposure and can be stored for extended durations. Information about the product and the brand are presented on food packaging through packaging printing. For instance, a report released by the International Trade Administration, a U.S. government agency, in November 2023 highlighted the robust growth in the Mexican packaging machinery market, which escalated from USD 710 million in 2021 to USD 906 million in 2022, fuelled by a 25% rise in demand for packaging and processing machinery. As such, the growth of the packaging printing market is being propelled by the heightened demand for packaged food.
What are the Market Segments in the Packaging Printing Market?
The packaging printing market covered in this report is segmented –
1) By Type: Corrugated, Flexible, Folding Cartons, Label And Tags, Other Types
2) By Printing Technology: Flexography, Gravure, Offset, Screen Printing, Digital
3) By Printing Ink: Aqueous Ink, Solvent-Based Ink, UV-Curable Ink, Latex Ink, Dye Sublimation Inks, Other Printing Inks
4) By Application: Food And Beverage, Household And Cosmetics, Pharmaceutical, Other Applications
Subsegments:
1) By Corrugated Packaging: Single-Wall Corrugated, Double-Wall Corrugated, Triple-Wall Corrugated
2) By Flexible Packaging: Pouches, Films, Laminates
3) By Folding Cartons: Straight Tuck End Cartons, Reverse Tuck End Cartons, Snap Lock Bottom Cartons, Auto Bottom Cartons
4) By Labels And Tags: Pressure-Sensitive Labels, In-Mold Labels, Shrink Sleeve Labels, Hang Tags
5) By Other Types: Specialty Packaging, Sustainable Packaging, Gift Packaging
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What Trends are Shaping the Packaging Printing Market?
The packaging printing market is currently seeing a surge in popularity due to significant technological improvements. In order to maintain their dominance in the market, many of the leading companies are pioneering new technologies. Take for example, Xeikon B.V., a digital printing technology firm based in the Netherlands, which unveiled its Titon technology in April 2022. This technology is unique in its toner formulation, offering all the advantages of UV inks, making it the safest for food applications. It is completely devoid of taste and smell, preventing any negative impact on the consumer experience upon consumption of the product. The Titon toner can be used for a wide array of applications, both direct and indirect food contact. Notably, this technology stands up to scuffing and scratching, water, sunlight, high temperatures, and many liquid chemicals.
Who Are the Key Players in the Packaging Printing Market?
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
What are the Regional Insights into the Packaging Printing Market?
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.
