Global Packaging Printing Market: Key Highlights
Global Packaging Printing Market: Key Market Dynamics
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Global Packaging Printing Market: Regional Overview
E-commerce is one of the emerging industries in the region with India and China leading the online trading business. According to World Economic Forum, in 2018 42% of global e-commerce activities has been recorded from China. Additionally, sectors such as food & beverages, and delivery and logistics are also emerging in Asia-Pacific region. Owing to the growth in these sectors has expected to surge the growth of product market.
Europe is expected to experience a substantial growth in the packaging printing market during the forecasted period. This is attributed by the increased disposable income, rising demand for packed foods and beverages, and others. Additionally, well established automotive sector may surge the demand for packaging printing market growth.
Global Packaging Printing Market: Key Players Overview
Toppan Group offers broad range of products and services with printing technologies at their core in the Information & Communication, Living & Industry, and Electronics segments. In February 2020, the company launched a new packaging system called Green Flat, with an aim to reduce plastic packaging and can be used as an alternative to conventional skin packs.
Mondi Group is one of the leading packaging and paper group with its presence in more than 30 countries across the globe. In September 2018, Mondi group launched new patented paper giving food packaging an option for eco-friendly packaging. Also they launched barrier solution namely branded performing which is unique, multilayer, thermoformable packaging application.
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