Read Package Printing Market Size, Share, Growth, Segmentation’s and Revenue Forecasts 2014 to 2021
Package printing creates images using lines of colour or dot patterns on a variety of substrates such as paper and plastics. It is sustainable in nature, low in cost and displays a high printing quality. In the recent years, commercialization and branding of package printing has been a very positive development. This has lead to customization of designs, given package printing the much needed publicity, incorporated innovative ideas, all leading to an increased market appeal of package printing. However, the paradigm shift from offline advertising to online advertising is projected to influence the growth of the global package printing market in the forecast period.
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Commercially apparent forms of package printing applications include board packaging, rigid plastic packaging, flexible packaging, metal cans and labels. Inks available could be water based, UV curable or based on other solvents. Concerned industries include cosmetics & toiletries, food & beverages, healthcare, adhesives & sealants, industrial & household goods and consumer goods.
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Sustainability, low price and high printing quality have helped raise the demand and production of package printing in the global market. In addition, a rise in the demand of packaging, convenient packaging in particular is directly connected with the growth of the global package printing market. Other relevant factors include the aesthetic appeal of the product and increase in disposable income of consumers. The biggest end user of the global package printing market is the food and beverage industry followed by the healthcare sector. High demand for cosmetics and toiletries segments is estimated for the forecast period.
Best Region Of Markets :
Asia Pacific leads the global package printing market in terms of demand as well as production followed by North America and Europe. The key players in global package printing market include Hewlett-Packard Development Company, LP, Quad/Graphics, Xerox Corporation, E.I. du Pont de Nemours and Company, and WS Packaging Group.
SEGMENTATIONS IN REPORT :
A. Package Printing By Printing Process :
B. Package Printing By Applications :
1. Board packaging
2. Rigid plastic packaging
3. Flexible packaging
4. Metal cans
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Security printing refers to printing of specific items that require verification and security from illegal activities. Security printing involves printing of personal identities, tickets, financial documents, product authentication and others.