Global packaging industry is anticipated to exhibit considerable CAGR of 3% during the forecast period. Digital printing is anticipated to offer new aspects for the future of packaging by opening the door to exciting and creative opportunities and hence creating new revenue stream for the players operating in the packaging industry. Digital printed packaging facilitates the brands, design agencies and retailers to become more creative. The high growth in the demand of digital printed packaging from various end-user industry verticals such as food & beverage, cosmetics, healthcare, and homecare among others.
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The rise in demand for packaged and branded products along with increase in demand product differentiations and labelling for their authentication is a key factor contributing towards the high demand of digital printed packaging in food industry. The trend among beauty brands towards smaller run sizes and SKU proliferation is a key factor contributing towards the high demand of digital printed packaging in the cosmetics and beauty care industry. The high demand for product differentiation in healthcare industry is driving the demand of the digitally printed packaging in the healthcare sector. HP Inc., E.I. du Pont de Nemours and Company, Xerox Corp., and Mondi Group among others are the major player offering digitally printed packaging industry market.
Market Coverage
- Market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Material Type, By End-User Industry Vertical
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Amcor PLC, Sealed Air Corp., Smurfit Kappa Group PLC, Ball Corp., Tetra Pak International S.A., and Berry Global, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Packaging Market report Segment
By Material Type
- Plastic
- Metal
- Paper
- Glass
By End-User Vertical
- Food
- Beverage
- Healthcare
- Cosmetics & Personal Care
- Industrial
- Others (Household Items)
A full report of Packaging Industry Market is available at: https://www.omrglobal.com/industry-reports/packaging-industry-market-size
