The Industrial Printing Market is being driven by Rise in demand for packaged food and beverage products
The Industrial Printing Market is expected to grow at a CAGR of 9.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 100.5 billion. Flexographic printing is an economical solution for medium-to-long print runs and simple designs, offering high-speed production with less expensive ink compared to digital printing. Flexographic label printing solutions provide durability for extended shelf life labels, with fast-drying inks enabling simultaneous color application without production slowdowns. This technology's flexibility allows for quick label changes without additional costs, making it an ideal choice for large orders with short lead times. Flexographic printing's advantages include enhanced durability, efficient production, and cost savings.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
242 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.2% |
Market growth 2025-2029 |
USD 100.5 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
8.2 |
Key countries |
US, China, Japan, India, Canada, UK, South Korea, Germany, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Industrial Printing Market encompasses various printing technologies including Lithography, Digital Advertising, and Traditional Print. Marketing budgets continue to prioritize Personalized Printing and Shortrun Printing for product branding. Sustainability is a key trend, with Sustainable Printing, Renewable Energy, Biodegradable Materials, and Recyclable Materials gaining traction. Interactive Printing through Augmented Reality is also on the rise. Print Production techniques like Sheetfed Offset, Laser, and Inkjet Printing are essential, with Crossmedia Integration and Vertical Integration enhancing overall efficiency. Variable Data Printing is a must-have for customized campaigns. Wideformat Printing caters to large-scale signage and displays.
The industrial printing market is a segment of the larger global industrial machinery and supplies and components market, encompassing commercial printers specializing in sectors such as digital printing, folding cartons, flexible packaging, label printing, and hybrid print. This market size is determined by the combined revenue generated by manufacturers of machinery and components utilized in industrial printing applications. Key growth drivers include the increasing industrial output leading to capacity expansions in process and discrete industries, particularly in developing countries, and the rising demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages. Technavio forecasts that this trend will continue, driven by the expanding economic landscape and the subsequent surge in demand for advertising materials, packaging and labeling solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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