What is Aqueous Packaging Printing Market?
Aqueous printing packaging is water-based type of packaging. Aqueous printing comprises of aqueous coating (AQ) applied on packaging. Aqueous coating (AQ) is a transparent, water-based which is applied to a printed product during the printing process. Aqueous coating is also known as standard coating method for printing and packaging. Its features comprises of quick drying, resistance to fingerprints and unique packaging designs. It is used to get different appearances and flexible packaging owing to its fast-drying capabilities during the printing process. Increasing printing industries is known as well-known driver of the market however, limitations associated with aqueous printing packaging is restraining the market growth. Increasing packaging industries is fuelling to the market to a certain extent. According to the report of Future of Packaging Printing, the packaging industries is continue to grow and industry has witnessed substantial growth during pandemic. The packaging industries was USD 426.4 billion in 2019 which has been raised slightly in 2020 with USD 431.6 billion. Geographically, North America is expected to gain highest market share and anticipated to grow with high growth rate.
The market study is being classified by Type (Flexography Printing, Offset Printing, Digital Printing, Rotogravure Printing and Screen Printing), by Application (Food & Beverage, Household & Cosmetic Products, Pharmaceuticals and Others) and major geographies with country level break-up.
НР (United States), Моndі (United Kingdom), WЅ Расkаgіng Grоuр, Amcor Limited(Ausralia), Toppan Printing Company(Japan), Graphics Packaging Holding Company (Georgia) and Duncan Printing group (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Roymal, Inc. (United States).
There are various companies are operating in this industry and heavily conducting research on the characteristics of aqueous printing packaging and how to reduce limitations of speed associated with aqueous printing. There are various market players are entering in this industry to capture market growth opportunities. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry.
Segment Analysis
Analyst at AMA have segmented the market study of Global Aqueous Packaging Printing market by Type, Application and Region.
On the basis of geography, the market of Aqueous Packaging Printing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growth in the packaging industry
- Raising inclination towards environmentally friendly packaging
Market Trend
- New Digital printing technologies boosting printing industry
Restraints
- Limitations for adherence with non-absorbent substrates packaging material
Opportunities
- Surging industrialization in printing industry to meet demand from packaging
Challenges
- Less Press efficiency and less speed
In December 2020, Inkjet Insight has introduced ArrowJet Aqua 330R. It is high-speed, aqueous pigment inkjet roll-to-roll print solution. This new launch offers high speed of (up to 150 ft/min or 45.7 m/min) and resolutions up to 1,600 x 1,600 dpi.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Aqueous Packaging Printers Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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