Global Printing Technology Market, By Printing Technology (Flexographic, Rotogravure, Offset and Digital), Type of Ink (Water Based, Solvent Based, UV Curable Ink, Aqueous Ink, Latex Ink, Dye Sublimation Inks and Hot Melt Inks), Application (Food and Beverage Industry, Cosmetics and Toiletries, Healthcare and Others), Packaging Type (Flexible Packaging, Rigid Packaging, Paper and Paperboard Packaging, Glass, Metal and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the printing technology market will project a CAGR of 8.83% for the forecast period of 2021-2028. Rising demand for sustainable products, increased demand for printing technology by the e-commerce industry and increased focus of the manufacturers on innovation packaging solutions are the factors driving the growth of printing technology market.
Printing technology in packaging is used for identification, labelling, grading and branding. Rotogravure, offset, digital and flexographic are some of the common types of printing technologies. The printing technology is used in all kinds of packaging solutions by the industry players.
Rising trend of nuclear household is driving the growth in the printing technology market value. Increasing demand for innovative packaging printing solutions will further expand the demand for printing technology. Increased awareness and demand for sustainable products will further induce growth in the printing technology market value. Growth and expansion of e-commerce sector in the developing economies, rapid urbanization and increasing personal disposable income are some other indirect factors that will also promote the printing technology market growth rate.
However, stringent regulations imposed on the use of plastics packaging material in regards to rising environmental concerns will create hindrances for the printing technology market growth rate. Also, the high cost associated with printing technological solution will dampen the market growth rate. The inapplicability towards heavy items will also derail the printing technology market growth rate.
This printing technology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on printing technology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Printing Technology Market Scope and Market Size
The printing technology market is segmented on the basis of printing technology, type of ink, application and packaging type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of printing technology, the printing technology market is segmented into flexographic, rotogravure, offset and digital.
- On the basis of type of ink, the printing technology market is segmented into water based, solvent based, UV curable ink, aqueous ink, latex ink, dye sublimation inks and hot melt inks.
- On the basis of application, the printing technology market is segmented into food and beverage industry, cosmetics and toiletries, healthcare and others. Others segment is sub-segmented into adhesives and sealants.
- Based on packaging type, the printing technology market is segmented into flexible packaging, rigid packaging, paper and paperboard packaging, glass, metal and others.
Global Printing Technology Market Country Level Analysis
Global printing technology market is analysed and market size insights and trends are provided by country, printing technology, type of ink, application and packaging type as referenced above.
The countries covered in the printing technology market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the printing technology market and will continue to flourish its dominance during the forecast period. This is because of the rising urbanization, industrialization and increased focus on advancements in printing technology by the manufacturers. Growth and expansion of e-commerce and packaging industries in this region will further create lucrative and remunerative market growth opportunities. Changing lifestyle and rise in per capita income are some other important indirect market growth determinants. India and China will emerge as the major contributors from this region as these countries are rapidly undergoing economic changes.
The country section of the printing technology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Printing Technology Market Share Analysis
The printing technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to printing technology market.
The major players covered in the printing technology market report DowDuPont, GENERAL ELECTRIC COMPANY, Fuji Electric Co., Ltd., Hewlett Packard Enterprise Development LP, R.R. Donnelley & Sons Company, Xerox Corporation, Materialise, Stratasys Ltd, Block.one, voxeljet AG, SLM Solutions, EnvisionTEC, Optomec, Inc., Ultimaker BV, Global Printing, Halaman Printing and Packaging Corp., Shree Arun Packaging Company Private Limited, Oliver Inc. and Heidelberger Druckmaschinen AG among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.