Packaging Printing Market worth $433.4 billion by 2025

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″ was estimated to be worth USD 352.1 billion in 2021 and is expected to grow at a compound annual growth rate of 4.2% to reach USD 433.4 billion by 2025, according to a recently published report by MarketsandMarketsTM.Over the next five years, the need for appealing packaging requirements is expected to support a solid growth rate in the worldwide package printing industry. Packaging printing provides superior printing on packaging, enhancing the product’s visual appeal and producing a better-finished product that upholds the authenticity and brand image of the company.

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• 165 Market data Tables46 Figures206 Pages and in-depth TOC on “Packaging Printing Market – Global Forecast to 2025″

Additionally, a thorough study of the following companies is included in this report:A few well-known companies with a global presence—Mondi PLC (UK), Sonoco Products Company (US), and Graphics Packaging Holding Company (US), to name a few—dominate the packaging printing market.Several important companies in the packaging printing market have strengthened their positions by a variety of primary tactics, including partnerships and collaborations, investments and expansions, mergers and acquisitions, and new product developments.

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Based on the kind of packaging, labels and tags, flexible, corrugated, folding cartons, and others (including wood and textile) make up the segments of the packaging printing market. In 2019, corrugated boxes are the most popular packaging printing material. But since the COVID-19 epidemic, there has been a noticeable rise in the demand for flexible packaging for food packing of groceries, produce, and food. In addition, the need for packaging printing in packaging applications has increased due to the rising need for digital printing and the use of RFIDs in packaging.