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Global Packaging Printing Market Outlook to 2025 - A $433+ Billion Opportunity Assessment; Winners and Losers of COVID-19 - ResearchAndMarkets.com
January 27, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 27, 2021
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The Global Market for Packaging Printing is projected to grow from USD 352.1 billion in 2020 to reach USD 433.4 billion by 2025, at an estimated CAGR of 4.2%.
The packaging printing market is driven by factors such as growth in demand for sustainable printing, increasing demand for flexible packaging, cost-effectiveness, and reduced packaging waste. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the packaging printing market.
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The Global Market for Packaging Printing is projected to grow from USD 352.1 billion in 2020 to reach USD 433.4 billion by 2025, at an estimated CAGR of 4.2%.
The packaging printing market is driven by factors such as growth in demand for sustainable printing, increasing demand for flexible packaging, cost-effectiveness, and reduced packaging waste. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the packaging printing market.
Emerging markets, such as the Asia Pacific region, have contributed to an increase in the application of packaging printing in packaging products. Packaging printing not being suitable for heavy items is the strongest restraint for the industry.
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