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Pre-press for Packaging Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

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Feb 2021 | 53 Views
 
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Pre-press for Packaging Market Outlook - 2027

Packaging is an important factor for any industry. For attracting more number of customers, companies give more attention to attractive and innovative packaging. If the printing on the packaging is not appropriate and clearly visible, the customer may not buy that product and the brand image of the company gets affected. Pre-press is generally referred to the process that occurs between creation of plat layout and the final printing. Pre-press for packaging includes digital proofing, color management, consultation, and art work.

Market scope and structure:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Technology, Service, Application

  Companies covered

AGFA-Gevaert NV, Sonoco-Trident, Wipak Ltd., Transcontinental Inc., Oji Fibre Solutions Ltd., Flexicon AG, Esko-Graphics, Heidelberger Druckmaschinen AG, SPGPrints Group, Anderson & Vreeland Inc., Janoschka Deutschland GmbH, STI Group, Emerson Packaging, and P.R. Packagings Ltd.

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

 

COVID-19 scenario analysis:

  • The demand for pre-press for packaging is expected to decrease in 2020 due to low demand from different industries, such as manufacturing and food, owing to the lockdown imposed by governments of many countries.
  • COVID-19 crisis is likely to affect the pre-press for packaging industry negatively as a result of halt in manufacturing and massive reduction in demand for luxury and non-essential services globally.
  • COVID-19 crisis had a mixed impact on the packaging industry, mainly due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
  • The requirement of e-commerce specific packaging is likely to remain strong; although, the e-commerce companies would have to focus on protection of goods and sanitization of packages. 
  • In addition, the food packaging industry is on the frontline within the global packaging market, owing to the demand for essential products, such as groceries and fresh food, mainly from local e-retail sites. 
  • Industrial, transportation, and bulk packaging have faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020. 
  • Low disposable income of maximum population and weak demand for packaging from industrial goods have led the packaging industry to significant pressure of reduction in both wholesale as well as retail costs. 
  • Consumers are likely to stay hesitant for consumption of luxury products, travel, and hospitality services. This is expected to hinder the packaging industry growth in the future after the COVID-19 crisis. 

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

The processes between print creation and final printing are pre-press processes. There are different types of processes, which come between print creation and the final printing such as print file creation, text & images adjustments, preparation of mounting on a press, image form or carrier, and manufacturing of printing plate. In technologically-advanced preprocess, the customer normally provides the data in digital form by using platforms such as QuarkPress, Adobe Illustrator, and Adobe InDesign. By using these programs, the customer gives the data for printing.

The printing industry across the globe is progressing and adopting new technologies for efficient and smooth working. Many companies use new technologies for printing on packaging of various shapes and sizes. There is high demand for layouts in printing, which are computer generated. Companies are moving toward digital printing options rather than using the conventional offset printing method for their printing processes. In addition, packaging is of high importance when it comes to the overall sales of the company. Attractive and standard packaging is able to attract more number of customers to buy that product. Consumers also want to have thorough information about the product before they make the decision whether to buy or not. Therefore, many companies focus on the improvement of packaging of their products. Considering consumer preference, companies use printing technologies, such as digital printing and flexographic printing, which provide efficiency and printing of high quality. 

Furthermore, consumers are changing their packaging preference toward more aesthetic packaging. They are attracted by packaging and want to know about the characteristic of the product printed on that packaging. This requires better quality printing. Therefore, the demand for pre-press for packaging is increasing and it is expected to increase more in near future. Moreover, companies want to maintain their brand image by producing good quality product along with proper packaging and printing. This could be an important factor for the growth of the pre-press packaging market.

New product launch

Companies in the printing industry are developing and introducing new products in the pre-press packaging market. These products are technologically more advanced than the previous products. For example, in October 2019, a leading company Comexi introduced iCIP 3 software. This software is being used in offset CI8 press of the company. It provides high quality and accurate color stability. Pre-press color data can be accurately matched with the Computer to Plate (CTP) and the press.

Key restraining factor for the growth of the pre-press packaging market

High cost pertaining to innovation and use of new technologies in digital and flexible printing for packaging could stop some companies from using these techniques and rather adopt conventional printing methods. This could be the key restraining factor for the growth of the pre-press packaging market.

 

Key segments covered:

Segments

Sub-segments

  Technology

 

  • Flexographic Printing
  • Digital Printing
  • Offset Printing
  • Others

  Application

 

  • Rigid Packaging
  • Flexible Packaging

  Service

 

  • Colors
  • Artwork and Consultancy
  • Digital Proofing
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the pre-press for packaging market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the pre-press for packaging market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the pre-press for packaging market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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