Market Trends of Global Metal Print Packaging Industry
This section covers the major market trends shaping the Metal Print Packaging Market according to our research experts:
Offset Lithography is Expected to Hold a Significant Market Growth
- Offset lithography is one of the widely used packaging printing methods used for creating printed materials. Compared to the other packaging printing methods, offset lithography printing is suitable for economically producing large volumes of high-quality prints requiring little maintenance.
- Offset printing offers advantages, such as high print quality and high-speed printing, further leading to the high demand for the packaging printing type, which has also gained its metal type market. In a region like Europe, offset printing is a widely adopted method for printing on metal cans owing to its hard and non-absorbent material.
- Companies like Crown Holdings Inc. utilize offset printing for a 2-piece and 3-piece metal packaging so that ink is applied to a printing plate, transferred to a blanket, and then on to the metal itself. 2-piece cans are printed when formed, whereas Three-piece are printed on sheets. Crown Food Europe has produced metal print packaging for many clients in the snacks sector, including metal format containers that are 100% recyclable for Bier Nuts’ crunchy, coated peanuts; and print packaging for Satisfied Snacks’ Salad (as) Crisps concept in metal tins.
- Although the quality of prints produced using offset printing is high, it is flawed by better printing methods, such as rotogravure and photogravure. Because printing plates are anodized aluminum materials, which could rust from oxidation, the plates used for offset printing need to be adequately maintained; such disadvantages have been anticipated to restrict the growth of offset lithography printing in metal packaging.
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Asia Pacific to Witness Significant Growth
- The Asia Pacific region accounts for a large share in the global metal printing packaging industry in terms of value due to the manufacturers' focus on creating low-cost packaging printing options. As the digital printing packaging market in established nations is reaching maturity, the Chinese and Indian markets are expected to grow at high rates in the next seven to eight years. The region is also anticipated to register the highest development during the forecast period, owing to the growing e-retail sales and convenience packaging in the food industry.
- Key driving factors for the metal print packaging market in the APAC region include the rising sale of packaged food products, including frozen and chilled food, rising disposable income, changing lifestyle, steady economic growth, and increasing beverage (both alcoholic & non-alcoholic) consumption.
- Furthermore, the growing food and beverage and pharmaceutical sectors have increased the demand for metal printing solutions, as metal printing allows manufacturers to improve the brand visibility of the products, thus, attracting the user's attention and propelling them to buy the product. The introduction of green commercial printers that use environmentally sound printing techniques to minimize waste and utilize less energy also positively impacts the industry. For instance, in August 2020, ExOne introduced an innovative filter that can be 3D printed on either copper or stainless steel to fit inside a variety of face masks and other medical devices.
- The market is predominantly driven by the growing developments in digital printing technologies, especially in India, China, and Vietnam. The advent of the latest technologies has substituted conventional printers with commercial printers with high-speed printing capabilities.
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