Analysis Along With Research Report for Pre-press for Packaging Market Hirs a CAGR of 5.1% by 2031
Pre-press for Packaging Market Share and Growth Factors Impact Analysis 2031
WILMINGTON, DELAWARE, UNITED STATES, August 26, 2024 /EINPresswire.com/ -- The global pre-press for packaging market growth is anticipated due to factors such as advertising and product development which is the process of delivering new good or item to the market or improving the existing products for increasing sales. This requires effective packaging design that could add value to the newly designed or modified products and helps in setting it apart from the competition. This is the major factor driving the growth of the market.
The pre-press for packaging market size was valued at $4 billion in 2021, and is estimated to reach $6.7 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. Pre-press is a printing industry term for the activities that occur after a commercial printer receives an order and a corresponding graphics file from a client or graphic designer, however before any actual printing takes place.
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Driving Demands:
The global pre-press for packaging market witnessed significant growth in the past decade, owing to the rise in demand for compact and lightweight packaging in various sectors such as foods & beverages and pharmaceuticals. A number of players have expanded their business globally, owing to an increased customer base, enhanced effective operations, and developed product portfolios. This is anticipated to fuel the growth of the global pre-press for packaging industry.
In addition, effective advertising through packaging design helps in increasing sales of the products that demands for effective packaging module. Customers are drawn to packaging that provides quick access to product information. For instance, as per the statistics, packaging influences more than 80% of in-store purchases. A product travels hundreds of thousands of miles before reaching its customers. It gets delivered through highways, rails, rivers, or air. Distinct forms of transportation require different packaging and protection for the commodities. Hence, this is turn is drives the growth of the market.
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Impact Analysis:
The growth in e-commerce market is one of the factors that offer new opportunities for pre-press for packaging market. E-commerce is rapidly growing and reaching customers in every corner of the globe. In addition, it is necessitating the usage of durable packaging to keep the product safe until it reaches the customer.
In addition, several e-commerce companies have expanded their same-day delivery services for customers in different parts of the world. For instance, in August 2021, Amazon expanded its same-day goods delivery service to new regions in the U.S. In addition, several developing countries, including India and China, are getting access to same-day goods delivery. Thus, these factors boost the adoption of effective pre-packaging processes that are expected to offer lucrative opportunities for the growth of the market.
Key Players:
The key players profiled in the pre-press for packaging market analysis 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.
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Key findings of the study
The report provides an extensive analysis of the current and emerging global pre-press for packaging market trends and dynamics.
By technology, the offset printing segment was the largest revenue generator in 2021.
By packaging type, the flexible packaging segment generated the highest revenue in 2021.
By end user, the food & beverage segment dominated the market in 2021.
Region-wise, Asia-Pacific is anticipated to dominate the global pre-press for packaging market share during the forecast period.
The report provides an extensive analysis of the global pre-press for packaging market opportunities.
The global pre-press for packaging market forecast analysis from 2022 to 2031 is included in the report.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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