Packaging Printing Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The packing industry has undergone an immense transformation over the last couple of years, owing to the increase in the number of start-ups worldwide, the introduction of diversified categories of food and non-food products, and increased demand for food and beverage during the pandemic.

The demand for printing in food packaging is increasing owing to rising consumer demand for packaged products due to the shift in eating habits, and evolving lifestyles may have an imperative impact on the market. A rise in per capita disposable income and a growing population are expected to aid in the product demand owing to high barrier properties, shelf life, and consumer safety. Printing on food packaging materials is used for consumer information and marketing purposes. Printings are used with many different packaging materials. Plastics, paper, board, and cork may be directly printed.

As the food contents are printed on the product helps in the awareness regarding the food item; the demand for product transparency increased among the buyers, which has led to high demand for packaging printing in the food sector. There is a growing demand for natural and high‐quality foods, which are minimally processed or unprocessed, do not contain preservatives, and offer a longer shelf-life. Packaged food is used for various purposes, such as barrier and contamination protection, convenience, and portion control. Sustainable packaging addresses food waste and loss reduction by safety issues by preventing food-borne diseases and chemical contamination and preserving food quality. 

The Packaging Printing Market size is estimated at USD 375.05 billion in 2023, and is expected to reach USD 552.10 billion by 2028, growing at a CAGR of 8.04% during the forecast period (2023-2028).

The technological advancements, coupled with demand for creative packaging, driven by intense competition and brand awareness, are expected to aid the growth of the market. The growing demand for innovative packaging from end-user segments, such as food, beverage, and cosmetics, among others, is expected to lead to the expansion of the market studied.

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