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Global Market Size Evaluation: Package Printing
29 May 2009
Challenge
To establish low and high end equipment global volumes within the highly fragmented secondary packaging print and apply labelling market. Also to explore supplier alliances and strategies, growth trends and vertical markets and assess application rates for secondary packaging, pricing and cost per print.
Approach
Collation of available published data relating to the print and apply label sector. Primary research with print and apply equipment suppliers, large packer/filler purchasers and trade associations. The sample was targeted to achieve a full global representation.
Questionnaires were used for the interviews. These were agreed with the client prior to use and translated into relevant languages as required.
The collected data was analysed and a comprehensive market evaluation produced. Key supplier profiles were included.
Recommendations
Main market growth potential and opportunities for supplier alliances lie in developing economies and the various markets and sectors require different solutions.
Benefits
The client achieved a much improved understanding of existing and potential routes to market in terms of their different commercial and technical sensitivities and required business development strategies.
What's New
25 January 2012
The global packaging industry will swell to almost $820 billion by 2016 predicts Pira International in a new market forecast. Driven mainly by increasing demand for packaging in emerging and transitional economies, a 3% per annum growth rate will focus on board products and rigid plastics, with $40 billion and $33 billion in cumulative predicted growth respectively to 2016.
15 November 2011
The total market for radiation curing ink for packaging will grow 24% from its 2011 base to almost 37,500 tonnes by 2016. In value terms 60% plus growth will take the market to over $883 million in the same period according to a new study by Pira International and Radtech Europe.
30 August 2011
The global consumer flexible packaging market is worth $58.3 billion in 2011 and is forecast to grow at a CAGR of 4.1% to reach $71.3 billion by 2016, according to the latest research from Pira International.
See Also
Pira has recently worked with the Print and Packaging Industry Council of Trinidad and Tobago to assess new and emerging print and packaging technologies of potential development interest. T&T is one of the most prosperous islands within the Caribbean due to petroleum and gas production.
A project to evaluate the opportunity and safety of stacking canned beer products four pallets high in the warehouse.
Pira's review of Clarks' packaging systems from point of manufacture to point of sale led to recommendations to the Main Board on a 5 to 10 year packaging strategy