Raw materials are soaring, and the packaging printing industry with extremely decentralized production capacity has a sense of suffocation by the neck!
However, as a comprehensive industry, packaging printing industry is a vibrant, bright spot endless industry! As long as we keep the spirit of continuous development and enterprising, we can find new profit growth points.
The global printing ink market value will reach $37.01 billion in 2021
The data show that the global printing ink market is expected to grow from $35.58 billion in 2020 to $37.01 billion in 2021, with an annual CAGR of 4%. Western Europe is the largest printing ink market in the world, accounting for 30% of the market in 2020. Asia Pacific is the second largest region, accounting for 25% of the global printing ink market. Africa is the smallest region in the world's printing ink market. There are a lot of mergers and acquisitions in the printing ink market.
Top companies in the printing ink market are strategically acquiring and merging start-ups and medium-sized enterprises to expand their products and services, or enter emerging regions.

Asia leads the recovery of global thermal printing market in 2021
Because novel coronavirus pneumonia epidemic situation's impact, the global thermal printing market in 2020 has been seriously atrophied.
In 2021, the market is expected to return to positive growth. According to the latest research report "the future of global thermal printing market 2025" released by Smithers, a famous international research institution, the scale of global thermal printing market (in terms of end-user price) is expected to be US $34.11 billion in 2020. Compared with 2019, its scale is reduced by 6.2%.

During the same period, the sales revenue of printing equipment and consumables (such as receipts, tickets, labels, labels, ribbons and other printing media) accounted for 27.2% and 72.8% of the total global thermal printing market, respectively.

By 2026, the global printed label market will reach US $67.02 billion

According to the data of trends market research, the scale of global printed label market was US $38.02 billion in 2017, which is expected to reach US $67.02 billion by 2026, with a compound annual growth rate of 6.5%. With the increasing demand for manufactured goods, the growth of people's disposable income worldwide is the key driving factor of market growth.

During the same period, the sales revenue of printing equipment and consumables (such as receipts, tickets, labels, labels, ribbons and other printing media) accounted for 27.2% and 72.8% of the total global thermal printing market, respectively.

By 2026, the global printed label market will reach US $67.02 billion

According to the data of trends market research, the scale of global printed label market was US $38.02 billion in 2017, which is expected to reach US $67.02 billion by 2026, with a compound annual growth rate of 6.5%. With the increasing demand for manufactured goods, the growth of people's disposable income worldwide is the key driving factor of market growth.

With the emergence of various production equipment, the food packaging market is expected to show significant growth in the analysis period, and its goal is to catch up with the latest trend of the market.
In addition, the rapid change of people's lifestyle and the shift of consumers' preference for food to packaged food are expected to promote market growth in the forecast period.
Are you ready for these market opportunities?
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