Global Inkjet Packaging and Labeling Market 2015-2019
About Inkjet Packaging
Inkjet packaging and labeling is a digital technique of packaging and labeling different kinds of manufactured and non-manufactured goods. In this technique, little amount of ink is picked from a reservoir, converting them into drops, and transfer the drops through the air pressure to the printed medium (containers, paper, films, or foils). To control the printing of fonts on the medium, the ink is controlled by magnetic fields and is selected and directed by electrostatic forces. The process involves a complex set of numbers and various arithmetic formulas related to each image or text. This technique has many advantages such as a faster labeling process, less maintenance, non-distortion of images, provision for a wide range of substrates, and customization as per the requirement of the product.
Technavio's analysts forecast the global inkjet packaging and labeling market to grow at a CAGR of 18.56% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global inkjet packaging and labeling market for the period 2015-2019. To calculate the market size, the report considers the revenue generated by vendors.
Technavio's report, Global Inkjet Packaging and Labeling Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global inkjet packaging and labeling market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Inkjet Packaging and Labelling Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Inkjet Packaging and Labelling Market: A B Graphics, EC Labels, Edwards Label, Landa and Xeikon
Other Prominent Vendors in the market are: Associated Labels, Bega Label, Cenveo Labels and Packaging Group, Consolidated Labels, Dainippon Screen Group, Dixie Toga, DJ Label, Ellis Labels and Systems, Frontier Label, Graphix Labels, Harkwell Labels, Impika, KHS, Kshitij Polyline, Label Apeel, Labels in Motion, LBT Marketing, Lofton Label, Meyers, Planet Label, Prime Package and Label,R.R. Donnelley and Sons, Secol, Shanghai Zijiang Holdings, Sino Labels, Sree Label Tech, Till, Tonejet, Yerecic Label and Z H International
Commenting on the report, an analyst from Technavio’s team said: “Inkjet packaging and labeling is increasingly gaining importance and experiencing growing demand from emerging regions such as APAC. The market in APAC is expected to see the fastest growth during the forecast period. Some of the key drivers that are propelling the growth of the markets in the emerging regions are increased demand for manufactured goods and an increase in disposable incomes across the globe. In addition, countries such as China are establishing manufacturing facilities for manufacturing products that can be used in the inkjet packaging and labeling process. Also, the growth of the small and medium-sized enterprises in the emerging regions is increasing the application of inkjet packaging and labeling, especially in the FMCG industry.”
According to the report, rapid urbanization and an increase in disposable incomes globally have increased the demand from some of the major industries such as healthcare, automotive, sports, FMCG, and energy. This increase in demand is contributing to the high growth of the market. The FMCG industry is a major contributor to the market. For instance, in the cosmetics sector, when purchasing cosmetics and toiletries consumers prefer esthetically appealing products. If consumers are attracted to the package, they tend to purchase the product again. Hence, personal care product manufacturers spend large amounts of money on developing not only convenient-to-use and open packages, but also those that are visually appealing. Inkjet labeling helps the manufacturer make the packaging more appealing in terms of attractive images and labeling on the packaged goods.
Further, the report states that the dominance of analog packaging and labeling curtails the market growth.
A B Graphics, EC Labels, Edwards Label, Landa, Xeikon, Associated Labels, Bega Label, Cenveo Labels and Packaging Group, Consolidated Labels, Dainippon Screen Group, Dixie Toga, DJ Label, Ellis Labels and Systems, Frontier Label, Graphix Labels, Harkwell Labels, Impika, KHS, Kshitij Polyline, Label Apeel, Labels in Motion, LBT Marketing, Lofton Label, Meyers, Planet Label, Prime Package and Label,R.R. Donnelley and Sons, Secol, Shanghai Zijiang Holdings, Sino Labels, Sree Label Tech, Till, Tonejet, Yerecic Label, Z H International
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