Market Size of Printing Blanket Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 0.96 Billion |
Market Size (2029) | USD 1.18 Billion |
CAGR (2024 - 2029) | 4.34 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Printing Blanket Market Analysis
The Printing Blanket Market size is estimated at USD 0.96 billion in 2024, and is expected to reach USD 1.18 billion by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).
Growing demand from flexible packaging-based applications and demand for high-quality packaging graphics are expected to drive the market. The demand for flexible packaging applications is growing faster than in many other forms. It includes e-commerce, digital printing, and sustainability trends, which can drive market development and growth.
- Printing blankets are in high demand since they are essential to printing. Blankets aid in the transmission of ink from the printing press to the paper and are also required to create the proper degree of pressure. Printers must keep a consistent supply of blankets to generate high-quality prints. Another factor increasing the demand for printing blankets is the advancement in digital printing technology. With this technology, there is a greater need for large-format printing, which necessitates a larger blanket size. Digital printing's improved quality and efficiency also increased its popularity among businesses and consumers.
- Furthermore, printing blankets can be used in flexible packaging applications for high-quality printing. Offset printing blankets are commonly used for lithographic printing, which can be used for flexible packaging printing applications. Some examples of flexible packaging applications include wide web printing for pouches, wrap-around, and more.
- In addition, digital flexible packaging applications are becoming more popular in the market, facilitating high-quality, on-demand printing of flexible packaging with lower setup costs and shorter production runs than traditional lithographic printing.
- On the other hand, printing blankets face several challenges in the printing process. Common challenges include improper bearer pressure, packing damage, curled edges, and smashed blankets. These issues can lead to printing defects, such as voids or dark specks in print, as well as increase downtime and reduce productivity.
- In addition, the rubber material of the blanket can deteriorate over time and affect the quality of the print, requiring regular maintenance and replacement. The challenges of printing blankets highlight the importance of properly handling and maintaining the equipment to ensure optimal performance and high-quality prints.
- The rise in the medical and healthcare industry after the effect of the pandemic is driving the studied market. With the increasing demand for medical and healthcare supplies, the flexible paper and plastic packaging market may expect growth in the studied market. For instance, Envy Pack continued to supply medical and healthcare packaging solutions in clear pouches pockets and adhesive-backed sleeves, with and without print, to meet the demand.