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The Data Show That The Global Printing And Packaging Market Trends Are Up

Saturday, 14 October 2017 09:49

According to the latest global print and packaging market survey, the Somerset Pear Institute, the international market research organization, has shown that Asia's market is the largest in the field of flexible packaging, sign printing and folding cartons. China, India and other developing countries, the potential of amazing, they promote the development of the printing and packaging industry has a very important role in promoting.

Flexible packaging market prospects can be expected

In the past 10 years, flexible packaging has been one of the fastest growing demand in the packaging market due to the pursuit of consumer packaging and sustainable packaging. According to the Smithers Pear Institute estimates, this year's global demand for flexible packaging market was $ 210 billion, with consumption of 26.2 million tonnes and market value of $ 91.7 billion; the demand for flexible packaging market is expected to be 3 per annum % To $ 248 billion, and consumption will grow to an annual rate of 3.8% to 31.7 million tonnes, with market value increasing to an annual growth rate of 4.4% to $ 114 billion.

Data show that the global consumer market demand for flexible packaging will continue to accelerate the growth trend, which accounted for the proportion of demand in developing countries will continue to expand. As the largest consumer of flexible packaging, China's market consumption in 2015 reached 6.07 million tons. Asia is the largest consumer area, accounting for 40% of the global total, 2015 to 2020, flexible packaging consumption will be an average annual growth rate of 6.6%. India and China, the fastest growth in flexible packaging consumption, the average annual growth rate is expected to reach 9.4% and 6.9%.

It is understood that nearly 75% of the world's flexible packaging products for food packaging, which meat, fish and poultry is the largest amount of food, followed by candy and baked goods. Between 2010 and 2015, consumption of food flexible packaging increased at an average annual rate of 4.0%, followed by consumption growth of beverages and pharmaceuticals.

Signage printing market development is weak

Somerset Peeer Institute survey results show that in 2014 the global label printing products total consumption of 12.8 billion square meters of material, the market value of more than 49.4 billion US dollars. It is predicted that by 2020 the global printing plate material consumption will reach 13.6 billion square meters, the market value of 49.8 billion US dollars.

 

At present, Asia dominates the market for global sign printing. The acceleration of economic growth in Asia and the continued growth of the population provide an opportunity for the expansion of the size of the label printing market. In 2014, Asian label printing production accounted for 48% of the global total, 2020 this proportion will increase to 54%. Western Europe and North America will continue to reduce the proportion of production is expected to rebound is less likely. According to the survey, the growth requirements of the label printing market are concentrated in emerging markets around the world, India and China have the greatest potential.

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