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Smithers Forecasts 3.6% CAGR for $504.9 Billion Packaging Print Market

This will push global value to $604 billion in 2029.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Packaging and labels are increasingly important to the strategic future of the printing industry, with annual sales now worth more than half a trillion dollars. While traditional publication and graphics markets are static or in decline, rising consumption of packaged goods is fueling growth. This was witnessed at drupa 2024 earlier this year, with multiple OEMs debuting new machines for printing corrugated board, folding cartons, flexible packaging and labels. In-depth expert market model...

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