In 2022, the package printing market was estimated to be worth $473.7 billion; this will reach $551.3 billion by 2027 (constant 2021 prices), with a growth rate of 3.1%. Flexo is the largest process when it comes to package printing in 2022 and remains the largest to 2027, growing at a rate of 2.4%. Globally, corrugated & cartons is the largest material segment and will remain so to 2027, growing at a rate of 3.3%.
This report covers the print for packaging market over the period 2017– 2027. It explores the restraining factors in play, including the increasing demand for more sustainable packaging; this will alter patterns of demand between packaging materials, as well as restraining overall demand in the market to some extent. The market will grow over the coming five years, underpinned by deep-rooted drivers: global population increase, the increasing rate of global urbanisation, the growing global middle-class consumers and the rising number of one-person households, which drives demand for smaller pack sizes.
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What will you discover?
- The key areas of growth over the next five years and how a changing market place is affecting growth in the industry
- Comprehensive analysis of key market drivers and trends in the package printing market to 2027
- The role of package printing in developing sustainable practices • In-depth market forecasts segmented by technological developments, printing process, materials, printing ink and geographic region.
The Smithers methodology
- The impact of developing digitisation of the market and how this will affect output
- In the period 2022–27 digital print will be the fastest growing print technology area in print for packaging by both value and output
- The restraining factors in play, including the increasing demand for more sustainable packaging.
This report is based on extensive primary and secondary research. Primary research consisted of targeted interviews with material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
Who should buy the report?
About the author
- Raw materials suppliers
- Packaging converters
- Package printers
- Equipment and machinery supplier
- Brand owners and retailers
- Industry consultant and analysts
Paul Ewing has over 20 years’ experience in the digital printing industry with ICI, Zeneca, Avecia and Fujifilm. He was VP of R&D and Business Strategy for Fujifilm Imaging Colorants, the speciality chemical arm of Fujifilm’s inkjet printing business. He has authored and co-authored several reports for Smithers, including The Future of Digital vs Offset Printing to 2024, and Impact Of Changing Run Lengths On The Printing Market.