Designing the Future: Unraveling the Growth Trajectory of the Pre-press for Packaging Market 2031
Pre-press for Packaging Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
WILMINGTON, DELAWARE, UNITED STATES, November 20, 2023 /EINPresswire.com/ -- Allied Market Research's latest report, "Pre-press for Packaging Market," sheds light on the flourishing landscape of this industry. With a valuation of $4 billion in 2021, the market is set to reach an estimated $6.7 billion by 2031, showcasing a commendable CAGR of 5.1% from 2022 to 2031. Positioned as a crucial stage in the printing industry, pre-press for packaging involves activities that occur after receiving an order and graphics files but before the actual printing process.
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Advertising through packaging stands out as one of the most effective models for attracting customers. Consequently, pre-press for packaging takes center stage, especially in an era where sustainable packaging is gaining traction due to environmental concerns. This shift opens avenues for research and development, presenting an optimistic outlook for the pre-press for packaging sector.
The global market's growth is fueled by advertising, product development, and the demand for effective packaging design that adds value to new or modified products. This, in turn, sets these products apart in a competitive market. Effective advertising through packaging not only boosts sales but also caters to customers who seek quick access to product information, influencing over 80% of in-store purchases.
Over the past decade, the pre-press for packaging market has witnessed significant growth, driven by increased demand for compact and lightweight packaging in sectors like food & beverages and pharmaceuticals. Players have expanded globally, enhancing their operational efficiency, product portfolios, and customer bases. This expansion is expected to propel the global pre-press for packaging industry forward.
However, innovation in packaging materials, techniques, and machinery, along with a growing demand for eco-friendly packaging, presents challenges. Small-scale industries face hurdles in adopting newer systems due to the high cost, leading to a slowdown in the growth of the pre-press for packaging market.
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The outbreak of COVID-19 disrupted logistics and manufacturing activities globally, impacting the supply chain and hindering market growth. Nevertheless, as governments ease restrictions worldwide, a gradual return to business activities is expected.
The growth of the e-commerce market emerges as a new opportunity for the pre-press for packaging market. With e-commerce expanding rapidly and reaching global corners, durable packaging becomes imperative to ensure product safety. E-commerce companies are also extending their same-day delivery services, creating a demand for effective pre-packaging processes and presenting lucrative opportunities for market growth.
The pre-press for packaging market is segmented by technology, packaging type, end user, and region. Technologies include flexographic printing, digital printing, offset printing, and others. Packaging types comprise flexible packaging and rigid packaging, while end users span food & beverage, pharmaceutical, electronics, and others. Asia-Pacific dominated the market in 2021.
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Key Findings of the Study:
By technology, offset printing was the largest revenue generator in 2021.
In terms of packaging type, flexible packaging led revenue generation in 2021.
The food & beverage segment dominated the market in 2021 among end users.
Asia-Pacific is expected to dominate the global pre-press for packaging market share during the forecast period.
The report not only provides an extensive analysis of current and emerging trends but also outlines opportunities in the global pre-press for packaging market. The forecast analysis from 2022 to 2031 captures the anticipated growth trajectory of this dynamic industry.
David Correa
Allied Market Research
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