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Peanut Butter Market By Product (Crunchy, Creamy, Others), By Distribution Channel (Offline, Online), By Region, By Competition Forecast & Opportunities, 2018-2028F

November 2023 | 178 pages | ID: P399A2B831D5EN
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The Global Packaging Printing Market, valued at USD 308.6 billion in 2022, is expected to experience robust growth throughout the forecast period, with a Compound Annual Growth Rate (CAGR) of 5% projected through 2028. The Packaging Printing market represents a dynamic and integral segment within the global packaging industry. It involves the process of printing graphics, texts, and designs onto packaging materials to enhance brand visibility, convey essential information, and create visual appeal. Packaging printing serves as a crucial bridge connecting manufacturers, products, and consumers, influencing purchasing decisions and shaping brand perception.

Packaging printing plays a pivotal role in establishing brand identity and recognition. Striking graphics, memorable logos, and vibrant colors are employed to create a strong brand presence on store shelves, making products easily distinguishable among competitors.

Accurate communication of vital product information, such as ingredients, usage instructions, nutritional facts, and expiration dates, is achieved through packaging printing. Precision and clarity in conveying this information are critical for regulatory compliance and consumer safety.

The trend of personalized packaging has gained momentum, with variable data printing enabling manufacturers to customize packaging with individualized messages or even personalized names. This approach fosters a unique and memorable consumer experience.

Amid growing environmental concerns, the industry is shifting towards sustainable packaging printing practices. Water-based inks, biodegradable substrates, and energy-efficient processes are becoming more prevalent in response to consumer demand for eco-friendly choices.

Digital printing technologies have revolutionized the packaging printing landscape by offering shorter production cycles, reduced waste, and cost-effective production of smaller runs. This is particularly advantageous for limited edition products and seasonal promotions.

Packaging printing extends beyond traditional boxes and labels to encompass flexible packaging, pouches, blister packs, and even 3D packaging designs, all of which can incorporate high-quality printing for enhanced consumer engagement.

Key Market Drivers:

1. Branding and Visual Communication: One of the primary drivers propelling the global packaging printing market is its crucial role in branding and visual communication. In today's highly competitive consumer landscape, packaging serves as a powerful tool to capture attention, convey brand values, and differentiate products from competitors.

2. Regulatory Compliance and Information Dissemination: Regulatory compliance and the dissemination of accurate information are critical drivers that fuel the demand for precise and high-quality packaging printing. Different industries and markets have stringent requirements regarding the disclosure of essential information, such as nutritional facts, ingredients, usage instructions, and safety precautions.

3. Technological Advancements and Innovation: Technological advancements are a significant driving force in the evolution of the global packaging printing market. The industry has witnessed transformative changes with the integration of cutting-edge printing technologies, such as digital printing, which offers enhanced flexibility, shorter production cycles, reduced waste, and cost-effective customization.

4. Sustainability and Eco-Friendly Practices: The packaging printing market is experiencing a significant shift towards sustainable and eco-friendly practices. As environmental concerns continue to rise, both consumers and regulatory bodies are demanding more responsible packaging solutions.

Key Market Challenges:

1. Regulatory Compliance and Information Accuracy: Ensuring regulatory compliance and accurate information dissemination is one of the most significant challenges in the packaging printing market, particularly when dealing with various sizes, formats, and multilingual requirements.

2. Color Consistency and Reproduction: Maintaining consistent color reproduction across various packaging materials and printing processes is a significant technical challenge, as color accuracy is closely tied to a brand's identity.

3. Sustainability and Eco-Friendly Practices: Transitioning towards sustainable and eco-friendly practices presents challenges in terms of cost, production processes, and the adoption of greener printing technologies.

Key Market Trends:

1. Sustainable and Eco-Friendly Printing Practices: The packaging printing market is witnessing a significant shift towards sustainable and eco-friendly practices, driven by consumer and regulatory demands for responsible packaging solutions.

2. Digital Transformation and Customization: The industry is experiencing a digital transformation, enabling greater customization, personalization, and shorter production runs, catering to diverse target markets and demographics.

3. Smart Packaging and Interactive Printing Solutions: Smart packaging, integrating digital elements like QR codes, augmented reality (AR), and NFC, is providing consumers with access to additional information, promotions, and immersive experiences.

Segmental Insights:

1. Printing Technology Insights: Gravure printing holds a significant share of the global packaging printing market, excelling in producing high-resolution images, consistent color reproduction, and durability. It is widely used in flexible packaging, labels, the tobacco industry, and various food and cosmetic packaging applications.

2. Material Insights: Labels play a pivotal role in the packaging printing market, conveying essential information, enhancing branding, and creating visual appeal. They are versatile and applicable to various packaging types, including bottles, jars, cans, boxes, and flexible pouches.

3. Regional Insights: Asia Pacific has a substantial share of the global packaging printing market due to its diverse industries, population growth, manufacturing hub status, e-commerce growth, and emphasis on visual appeal and product presentation.

Key Market Players

Anglia Labels Ltd.

Bell Printers Pvt. Ltd.

Dai Nippon Printing Co. Ltd.

Eastman Kodak Co.

Flexo Image Graphics Pvt. Ltd.

Frontier Label Inc.

HP Inc.

Landa Corp. Ltd.

Toppan Printing Co. Ltd.

Xerox Holdings Corp.

Report Scope:

In this report, the global packaging printing market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • Packaging Printing Market, By Printing Technology:
  • Gravure
  • Flexography
  • Digital
  • Offset
  • Screen Printing
  • Packaging Printing Market, By Material:
  • Labels
  • Plastics
  • Paper & Paperboard
  • Metal
  • Others
  • Packaging Printing Market, By Application:
  • Food & Beverages
  • Pharmaceuticals
  • Household
  • Cosmetic Products
  • Others
  • Packaging Printing Market, By Printing Ink:
  • Aqueous Ink
  • UV-Curable Ink
  • Solvent-Based Ink
  • Others
  • Packaging Printing Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Turkey
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global packaging printing market.

Available Customizations:

Global Packaging Printing Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
1. INTRODUCTION

1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments

4. VOICE OF CUSTOMER

4.1. Brand Awareness
4.2. Factors Influencing Purchase Decision
4.3. Sources of Information

5. GLOBAL PEANUT BUTTER MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Product Market Share Analysis (Crunchy, Creamy, Others)
  5.2.2. By Distribution Channel Market Share Analysis (Offline, Online)
  5.2.3. By Regional Market Share Analysis
    5.2.3.1. North America Market Share Analysis
    5.2.3.2. Europe Market Share Analysis
    5.2.3.3. Asia-Pacific Market Share Analysis
    5.2.3.4. Middle East & Africa Market Share Analysis
    5.2.3.5. South America Market Share Analysis
  5.2.4. By Top 5 Companies Market Share Analysis, Others (2022)
5.3. Global Peanut Butter Market Mapping & Opportunity Assessment
  5.3.1. By Product Market Mapping & Opportunity Assessment
  5.3.2. By Distribution Channel Market Mapping & Opportunity Assessment
  5.3.3. By Regional Market Mapping & Opportunity Assessment

6. NORTH AMERICA PEANUT BUTTER MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Product Market Share Analysis
  6.2.2. By Distribution Channel Market Share Analysis
  6.2.3. By Country Market Share Analysis
    6.2.3.1. United States Peanut Butter Market Outlook
      6.2.3.1.1. Market Size & Forecast
        6.2.3.1.1.1. By Value
      6.2.3.1.2. Market Share & Forecast
        6.2.3.1.2.1. By Product Market Share Analysis
        6.2.3.1.2.2. By Distribution Channel Market Share Analysis
    6.2.3.2. Canada Peanut Butter Market Outlook
      6.2.3.2.1. Market Size & Forecast
        6.2.3.2.1.1. By Value
      6.2.3.2.2. Market Share & Forecast
        6.2.3.2.2.1. By Product Market Share Analysis
        6.2.3.2.2.2. By Distribution Channel Market Share Analysis
    6.2.3.3. Mexico Peanut Butter Market Outlook
      6.2.3.3.1. Market Size & Forecast
        6.2.3.3.1.1. By Value
      6.2.3.3.2. Market Share & Forecast
        6.2.3.3.2.1. By Product Market Share Analysis
        6.2.3.3.2.2. By Distribution Channel Market Share Analysis

7. EUROPE PEANUT BUTTER MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Product Market Share Analysis
  7.2.2. By Distribution Channel Market Share Analysis
  7.2.3. By Country Market Share Analysis
    7.2.3.1. France Peanut Butter Market Outlook
      7.2.3.1.1. Market Size & Forecast
        7.2.3.1.1.1. By Value
      7.2.3.1.2. Market Share & Forecast
        7.2.3.1.2.1. By Product Market Share Analysis
        7.2.3.1.2.2. By Distribution Channel Market Share Analysis
    7.2.3.2. Germany Peanut Butter Market Outlook
      7.2.3.2.1. Market Size & Forecast
        7.2.3.2.1.1. By Value
      7.2.3.2.2. Market Share & Forecast
        7.2.3.2.2.1. By Product Market Share Analysis
        7.2.3.2.2.2. By Distribution Channel Market Share Analysis
    7.2.3.3. Spain Peanut Butter Market Outlook
      7.2.3.3.1. Market Size & Forecast
        7.2.3.3.1.1. By Value
      7.2.3.3.2. Market Share & Forecast
        7.2.3.3.2.1. By Product Market Share Analysis
        7.2.3.3.2.2. By Distribution Channel Market Share Analysis
    7.2.3.4. Italy Peanut Butter Market Outlook
      7.2.3.4.1. Market Size & Forecast
        7.2.3.4.1.1. By Value
      7.2.3.4.2. Market Share & Forecast
        7.2.3.4.2.1. By Product Market Share Analysis
        7.2.3.4.2.2. By Distribution Channel Market Share Analysis
    7.2.3.5. United Kingdom Peanut Butter Market Outlook
      7.2.3.5.1. Market Size & Forecast
        7.2.3.5.1.1. By Value
      7.2.3.5.2. Market Share & Forecast
        7.2.3.5.2.1. By Product Market Share Analysis
        7.2.3.5.2.2. By Distribution Channel Market Share Analysis

8. ASIA-PACIFIC PEANUT BUTTER MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Product Market Share Analysis
  8.2.2. By Distribution Channel Market Share Analysis
  8.2.3. By Country Market Share Analysis
    8.2.3.1. China Peanut Butter Market Outlook
      8.2.3.1.1. Market Size & Forecast
        8.2.3.1.1.1. By Value
      8.2.3.1.2. Market Share & Forecast
        8.2.3.1.2.1. By Product Market Share Analysis
        8.2.3.1.2.2. By Distribution Channel Market Share Analysis
    8.2.3.2. Japan Peanut Butter Market Outlook
      8.2.3.2.1. Market Size & Forecast
        8.2.3.2.1.1. By Value
      8.2.3.2.2. Market Share & Forecast
        8.2.3.2.2.1. By Product Market Share Analysis
        8.2.3.2.2.2. By Distribution Channel Market Share Analysis
    8.2.3.3. India Peanut Butter Market Outlook
      8.2.3.3.1. Market Size & Forecast
        8.2.3.3.1.1. By Value
      8.2.3.3.2. Market Share & Forecast
        8.2.3.3.2.1. By Product Market Share Analysis
        8.2.3.3.2.2. By Distribution Channel Market Share Analysis
    8.2.3.4. Vietnam Peanut Butter Market Outlook
      8.2.3.4.1. Market Size & Forecast
        8.2.3.4.1.1. By Value
      8.2.3.4.2. Market Share & Forecast
        8.2.3.4.2.1. By Product Market Share Analysis
        8.2.3.4.2.2. By Distribution Channel Market Share Analysis
    8.2.3.5. South Korea Peanut Butter Market Outlook
      8.2.3.5.1. Market Size & Forecast
        8.2.3.5.1.1. By Value
      8.2.3.5.2. Market Share & Forecast
        8.2.3.5.2.1. By Product Market Share Analysis
        8.2.3.5.2.2. By Distribution Channel Market Share Analysis

9. MIDDLE EAST & AFRICA PEANUT BUTTER MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Product Market Share Analysis
  9.2.2. By Distribution Channel Market Share Analysis
  9.2.3. By Country Market Share Analysis
    9.2.3.1. South Africa Peanut Butter Market Outlook
      9.2.3.1.1. Market Size & Forecast
        9.2.3.1.1.1. By Value
      9.2.3.1.2. Market Share & Forecast
        9.2.3.1.2.1. By Product Market Share Analysis
        9.2.3.1.2.2. By Distribution Channel Market Share Analysis
    9.2.3.2. Saudi Arabia Peanut Butter Market Outlook
      9.2.3.2.1. Market Size & Forecast
        9.2.3.2.1.1. By Value
      9.2.3.2.2. Market Share & Forecast
        9.2.3.2.2.1. By Product Market Share Analysis
        9.2.3.2.2.2. By Distribution Channel Market Share Analysis
    9.2.3.3. UAE Peanut Butter Market Outlook
      9.2.3.3.1. Market Size & Forecast
        9.2.3.3.1.1. By Value
      9.2.3.3.2. Market Share & Forecast
        9.2.3.3.2.1. By Product Market Share Analysis
        9.2.3.3.2.2. By Distribution Channel Market Share Analysis
    9.2.3.4. Turkey Peanut Butter Market Outlook
      9.2.3.4.1. Market Size & Forecast
        9.2.3.4.1.1. By Value
      9.2.3.4.2. Market Share & Forecast
        9.2.3.4.2.1. By Product Market Share Analysis
        9.2.3.4.2.2. By Distribution Channel Market Share Analysis

10. SOUTH AMERICA PEANUT BUTTER MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Product Market Share Analysis
  10.2.2. By Distribution Channel Market Share Analysis
  10.2.3. By Country Market Share Analysis
    10.2.3.1. Brazil Peanut Butter Market Outlook
      10.2.3.1.1. Market Size & Forecast
        10.2.3.1.1.1. By Value
      10.2.3.1.2. Market Share & Forecast
        10.2.3.1.2.1. By Product Market Share Analysis
        10.2.3.1.2.2. By Distribution Channel Market Share Analysis
    10.2.3.2. Argentina Peanut Butter Market Outlook
      10.2.3.2.1. Market Size & Forecast
        10.2.3.2.1.1. By Value
      10.2.3.2.2. Market Share & Forecast
        10.2.3.2.2.1. By Product Market Share Analysis
        10.2.3.2.2.2. By Distribution Channel Market Share Analysis
    10.2.3.3. Colombia Peanut Butter Market Outlook
      10.2.3.3.1. Market Size & Forecast
        10.2.3.3.1.1. By Value
      10.2.3.3.2. Market Share & Forecast
        10.2.3.3.2.1. By Product Market Share Analysis
        10.2.3.3.2.2. By Distribution Channel Market Share Analysis

11. MARKET DYNAMICS

11.1. Drivers
11.2. Challenges

12. IMPACT OF COVID-19 ON GLOBAL PEANUT BUTTER MARKET

12.1. Impact Assessment Model
  12.1.1. Key Segments Impacted
  12.1.2. Key Regions Impacted
  12.1.3. Key Countries Impacted

13. MARKET TRENDS & DEVELOPMENTS


14. COMPETITIVE LANDSCAPE

14.1. Company Profiles
  14.1.1. J.M. Smucker Company
    14.1.1.1. Company Details
    14.1.1.2. Products
    14.1.1.3. Financials (As Per Availability)
    14.1.1.4. Key Market Focus & Geographical Presence
    14.1.1.5. Recent Developments
    14.1.1.6. Key Management Personnel
  14.1.2. Kellogg Company
    14.1.2.1. Company Details
    14.1.2.2. Products
    14.1.2.3. Financials (As Per Availability)
    14.1.2.4. Key Market Focus & Geographical Presence
    14.1.2.5. Recent Developments
    14.1.2.6. Key Management Personnel
  14.1.3. Kraft Foods
    14.1.3.1. Company Details
    14.1.3.2. Products
    14.1.3.3. Financials (As Per Availability)
    14.1.3.4. Key Market Focus & Geographical Presence
    14.1.3.5. Recent Developments
    14.1.3.6. Key Management Personnel
  14.1.4. Mars, Inc.
    14.1.4.1. Company Details
    14.1.4.2. Products
    14.1.4.3. Financials (As Per Availability)
    14.1.4.4. Key Market Focus & Geographical Presence
    14.1.4.5. Recent Developments
    14.1.4.6. Key Management Personnel
  14.1.5. Conagra Brands, Inc.
    14.1.5.1. Company Details
    14.1.5.2. Products
    14.1.5.3. Financials (As Per Availability)
    14.1.5.4. Key Market Focus & Geographical Presence
    14.1.5.5. Recent Developments
    14.1.5.6. Key Management Personnel
  14.1.6. Hormel Foods Corporation
    14.1.6.1. Company Details
    14.1.6.2. Products
    14.1.6.3. Financials (As Per Availability)
    14.1.6.4. Key Market Focus & Geographical Presence
    14.1.6.5. Recent Developments
    14.1.6.6. Key Management Personnel
  14.1.7. Oetker Group
    14.1.7.1. Company Details
    14.1.7.2. Products
    14.1.7.3. Financials (As Per Availability)
    14.1.7.4. Key Market Focus & Geographical Presence
    14.1.7.5. Recent Developments
    14.1.7.6. Key Management Personnel
  14.1.8. The Hershey Company
    14.1.8.1. Company Details
    14.1.8.2. Products
    14.1.8.3. Financials (As Per Availability)
    14.1.8.4. Key Market Focus & Geographical Presence
    14.1.8.5. Recent Developments
    14.1.8.6. Key Management Personnel
  14.1.9. Unilever Plc
    14.1.9.1. Company Details
    14.1.9.2. Products
    14.1.9.3. Financials (As Per Availability)
    14.1.9.4. Key Market Focus & Geographical Presence
    14.1.9.5. Recent Developments
    14.1.9.6. Key Management Personnel
  14.1.10. Associated British Foods plc
    14.1.10.1. Company Details
    14.1.10.2. Products
    14.1.10.3. Financials (As Per Availability)
    14.1.10.4. Key Market Focus & Geographical Presence
    14.1.10.5. Recent Developments
    14.1.10.6. Key Management Personnel

15. STRATEGIC RECOMMENDATIONS/ACTION PLAN

15.1. Key Focus Areas
15.2. Target Product
15.3. Target Distribution Channel
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