Pre-press for Packaging Market

Pre-press For Packaging Market Research, 2031

The global pre-press for packaging market size was valued at $4,038.4 million in 2021, and is projected to reach $6,697.1 million by 2031, registering a CAGR of 5.1% from 2022 to 2031. Prepress is the process of analyzing and converting graphics and text into a print-ready file. The resulting data must meet the requirements of the client as well as Uniflex regulations. A lot of specialists are involved in prepress: proofreaders, designers, and special operators. Their job is to minimize mistakes during the packaging process.

The pre-press for the packaging market was hampered during the outbreak of COVID-19 owing to limited demand for newly manufactured products in the market. However, the market quickly recovered by the end of 2021.

The advertising done through designing helps brand boost sales of the product. Packaging with information regarding the product helps customers make decisions. For instance, more than 80% of purchasing decisions are made in-store on the basis of packaging through the information provided. In addition, protection of the inside product plays an important role. Now a day’s, product travels hundreds and thousands of miles before reaching customers. The delivery is done via roadways, railways, waterways, or airways. Different travel modes require different packaging, which protects the product inside packaging which in turn is driving the pre-press for packaging market growth.

However, new designs in packaging material and older packaging machines are the factors that limit the growth of the pre-press for packaging market share. The customer requirement for eco-friendly packaging and upgraded or innovative packaging has grown which lets different companies to upgrade their packaging machines. Hence, it becomes difficult for various companies to afford high cost and wastage of older materials. Thus, this might be impeding growth of small-scale industries.

Moreover, during COVID-19 outbreak, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. This led to decline in manufacturing of various equipment used for manufacturing of pre-press for packaging systems as well as their demand in the market, thereby restraining the growth of the pre-press for market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of pre-press for packaging companies at their full-scale capacities, that helped the pre-press for packaging market to recover by end of 2021.

On the contrary, growth in e-commerce industries provides opportunities for pre-press for packaging market. E-commerce has rapidly grown and reached out customers at every edge and corner of world. The dedicated packaging is required to keep product safe inside the packaging till it reaches customer. In addition, various e-commerce companies launch advanced delivery features. For instance, in August 2021, Amazon expanded same day product delivery feature for different regions in the U.S. In addition, many developing countries such as India and China get access to single day product delivery feature. The e-commerce industry is entirely dependent upon packaging designing solutions. This in turn is expected to offer lucrative opportunities for the market.

The pre-press for packaging market is segmented into technology, packaging type and end user. By technology, the market is categorized into flexographic printing, digital printing, offset printing and others. On the basis of packaging type, the market is fragmented into flexible packaging and rigid packaging. The end user segment is fragmented into food & beverage, pharmaceutical, electronics, and others.  Region-wise, the pre-press for packaging industry analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

On the basis of technology, in 2021 the offset packaging segment dominated the pre-press for packaging market, in terms of revenue, and the other segment is expected to witness growth at the highest CAGR during the forecast period. As per packaging type, in 2021, the flexible packaging segment led the market, and is expected to exhibit highest CAGR in the near future. By end user, the food & beverage segment led the market in 2021, in terms of revenue and the pharmaceutical segment is anticipated to register highest CAGR during the forecast period. Region wise, Asia-Pacific garnered the highest revenue in 2021; however, LAMEA is anticipated to register highest CAGR during the forecast period.

COMPETITION ANALYSIS

The major players profiled in the pre-press for packaging market report include Agfa-Gevaert Group, Amcor plc, Anderson & Vreeland Inc, Emmerson Packaging, Esko-Graphics BV, Flexicon, Heidelberger Druckmaschinen AG, Huhtamäki Oyj, Janoschka, Oji Fibre Solutions (NZ) Ltd., P. R. Packagings Ltd., Sealed Air, Trident, SPGPrints, STI - Gustav Stabernack GmbH, Transcontinental Inc. and Wipak Ltd. Major companies in the market have adopted product launch, business expansion, agreement, acquisition and partnership as their key developmental strategies to offer better products and services to customers in the market.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pre-press for packaging market analysis from 2021 to 2031 to identify the prevailing pre-press for packaging market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• An in-depth analysis of the pre-press for packaging market forecast.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global pre-press for packaging market trends, key players, market segments, application areas, and market growth strategies.

 Pre-press for Packaging Market Report Highlights