DUBLIN–(BUSINESS WIRE)–The report “Global Printing Covers Market – Growth, Trends, Impact of COVID-19, and Forecast (2022-2027)” has been added to from ResearchAndMarkets.com offer.
The global printing blanket manufacturer is expected to grow by registering a CAGR of 8.1% during the forecast period (2022-2027).
Continental AG (ContiTech)
Kinyosha Co., Ltd.
CNI XINYUAN Ltd. (Airdot)
Fujikura Composites Inc.
Meiji Rubber and Chemical Co., Ltd.
Shanghai Chen Jie Printing Material Co. Ltd.
Main market trends
Paper and cardboard printing to stimulate demand
Printing blankets are an integral part of the offset printing process. Although digital media has experienced remarkable growth in recent years, the demand for newspapers, magazines as well as printed advertisements/flyers has remained stable, especially in emerging countries. For example, in India, the number of registered newspapers increases periodically.
According to the American Forest & Paper Association (AF&PA), in 2021, total containerboard production increased 5.6% from 2020, the ninth increase in the past 10 years.
Although consumption of print media has declined in recent years, its penetration is still significant. For example, according to data provided by the European Commission, the penetration of daily print media consumption in the EU region was 25% in 2021. Further, according to the UK Office of National Statistics, consumer spending on books in the UK has increased significantly from GBP 3,971 in 2020 to GBP 4,347 million in 2021.
The newspaper printing industry is also a large consumer of printing blankets. Due to its broad scope, the industry is expected to support the growth of the market studied over the forecast period. For example, according to the ACPM, with more than 445,000 copies distributed in 2021, the newspaper Le Monde ranks first among national daily newspapers in France.
Asia-Pacific will experience significant market growth
The Asia-Pacific region accounts for significant market growth due to growing demand from critical regions, such as India, China, Philippines, Thailand, and Vietnam. Factors such as high penetration of print media, increasing investment in print advertising, booming e-commerce and urbanization are supporting the growth of the printing market in the region.
Over the years, the growth of the paper printing and packaging industry in the Asia-Pacific region has been steady in the Asia-Pacific region. For example, according to the National Bureau of Statistics of China, the production volume of cardboard and converted paper in China was around 12 million metric tons in August 2021.
Similarly, according to Thailand’s Ministry of Industry and Ministry of Commerce, the export value of pulp, paper and print media in the country was around USD 649 million in the third quarter of 2021.
Textile printing is another key area that creates significant opportunities for the growth of the market studied. According to Invest India, India’s domestic garment and textile industry accounts for 7% of industrial output by value, 5% of the country’s GDP and 12% of the country’s export earnings.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s Five Forces Analysis
4.4 Assessment of the impact of COVID-19 on the packaging industry
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increase in Demand of Flexible Packaging Based Applications
5.1.2 Demand for High Quality Packaging Graphics
5.1.3 Increase in packaging consumption per capita
5.2 Market challenges
5.2.1 High Impact of Covid-19 on Business and Newspaper Segments
5.2.2 Increased penetration of digital media in advertising
6 MARKET SEGMENTATION
6.1 By type of coverage
6.1.1 UV printing blankets
6.1.2 Conventional printing blankets
6.1.3 Combined Print Covers
6.2 By type of substrate
6.2.1 Paper and cardboard printing
6.2.2 Printing on metal
6.2.3 Textile printing
6.2.4 Other printing
6.3 By type of request
6.4 By region
6.4.1 North America
6.4.4 Rest of the world
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Continental AG (ContiTech)
7.1.2 Habasit AG
7.1.3 Kinyosha Co., Ltd.
7.1.4 Flint group
7.1.5 CNI XINYUAN Ltd. (Airdot)
7.1.6 Birkan GmbH
7.1.7 Trelleborg AB
7.1.8 Fujikura Composites Inc.
7.1.9 Meiji Rubber and Chemical Co., Ltd.
7.1.10 Shanghai Chen Jie Printing Material Co. Ltd.
8 INVESTMENT PROSPECTS AND FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/8scuto
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