According to a marketsandmarkets report, the global packaging printing market size is projected to reach USD 574.47 Billion by 2026, with Asia-Pacific projected to account for the largest share in the packaging printing market in 2021 backed by the rise in manufacturing activities.
In particular, the packaging printing market will be driven by strong growth in the demand from the food and pharmaceuticals sectors. The growing pharmaceutical industry and its popularity of using convenient packaging alongside growing demand for packaged and branded products in the food and beverage industry are major drivers of the market.
Label market segment estimated to have the largest share
The packaging printing market, on the basis of packaging type, is classified into labels, flexible packaging, corrugated, folding cartons, and others, which includes rigid plastic packaging and metal packaging. The labels segment currently accounts for the largest share and is expected to grow further due to its numerous applications such as displaying sequential barcodes and numbering, variable text, titles, or graphics, and adding substantial value to the product.
A new study from Smithers Pira – The Future of Printed Labels Market to 2019 – shows that Asia is the largest regional producer of labels and its share will grow to more than 41% of the world’s value by 2019.
Labelling Zone @ PACK PRINT INTERNATIONAL 2019
On the back of these market trends, the labelling zone returns with as a thematic, targeted setting for those involved in the end-to-end functions of the label market to showcase their latest label technology, new materials, adhesives and manufacturing application methods, with an exhibit range that will include smart labels, flexo presses, inspection system and RFID.
Beyond serving as a launch pad to showcase smart and innovative labelling technologies, the labelling zone will also allow exhibitors to engage with targeted buyers from vertical markets such as consumer goods, food & beverage, cosmetics, luxury goods, pharmaceuticals, electronics, retail and logistics.
Some past exhibiting names at the last edition of PACK PRINT INTERNATIONAL include: Bangsung Technology (Thailand) Co Ltd, Harn Engineering Solutions Public Company Limited, Holographic Label Sdn Bhd, HP PPS Asia Pacific Pte Ltd, IBrain Advance and Technology Co Ltd, K Laser Technology (Thailand) Co Ltd, Konica Minolta Business Solutions (Thailand) Co Ltd, Label Source Printing Machine Co Ltd, Perma-Flex Co Ltd, PMC Label Materials Co Ltd, RotoMetrics (SE Asia) Co Ltd, Thai KK Industry Co Ltd, Ritta Speed Label Co Ltd and KURZ (Thailand) Ltd.
Commenting on their company’s participation in 2017 is Supreecha Muangsaen, managing director of KURZ (Thailand) Ltd who shared that the exhibition has been very good for his brand: “We received a lot of enquiries from customers throughout the exhibition and are very happy to have met with our participation objectives.”
Space booking for PACK PRINT INTERNATIONAL 2019 and the labelling zone is now open. To book, visit www.pack-print.de or email us at email@example.com