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Qingzhou SG.One Machinery Equipment Co., Ltd
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The digital printing and packaging market is expected to reach US$421.1 billion in 2026
Core reminder: "The global digital printing and packaging market includes packaging technology (thermal transfer, electrophotographic and electrostatic, inkjet technology), packaging types (labels, flexible packaging), ink types, printing sizes, applications and regions—market forecasts for 2026" According to the report, the packaging market is expected to grow from US$1.142 billion in 2016 to US$421.1 billion in 2026, with a compound annual growth rate of 13.9%.
[China Packaging Network News] "The global digital printing and packaging market includes packaging technology (thermal transfer, electrophotographic and electrostatic, inkjet technology), packaging types (labels, flexible packaging), ink types, printing sizes, applications and regions—2026 According to the "Market Forecast" report, the packaging market is expected to grow from US$1.142 billion in 2016 to US$421.1 billion in 2026, with a compound annual growth rate of 13.9%.
With the rise of manufacturing activities, the global digital printing and packaging market demand is also increasing. The increase in demand for food and home care, as well as the popularity of the healthcare industry and convenience packaging have become the main driving forces for the development of the digital printing and packaging market.
The food and beverage industry is the fastest growing segment in 2015.
The growing demand for packaging and product brands in the food and beverage sector has become the main reason for the increase in demand in the digital printing and packaging market in 2015. Product differentiation and increasing demand for labels promote the further development of the food and beverage packaging and printing market.
In the packaging market, labeling is predicted to be the most potential segment.
The digital printing and packaging market can be divided into labels, soft wrappers, corrugated paper, folding cartons, etc. based on packaging types, as well as rigid plastic packaging and metal packaging. The label market segment includes many applications such as sequential barcodes, variable text, labels and graphics, which add substantial value to products, so it has the largest market share in 2015.
The Asia-Pacific region is expected to become the world's largest printing and packaging market in 2021.
Emerging economies in the Asia-Pacific region such as China and India will promote the development of the digital printing and packaging market. The growing demand in the healthcare and food and beverage industries will likely become a key factor in driving the demand for China's digital printing and packaging market. In addition, China's huge consumer group, the development of the economic environment and the increase in manufacturing activities further promote the demand of the packaging industry. It is expected that China will occupy the largest market share in this region in the future and will dominate the Asia-Pacific digital printing and packaging market in 2021.
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