Emerging Asia remains the key growth market for many packaging companies to target
Metal packaging industry sees surge in demand in recent years for baby food packaging and canned drinks. For example, Asia Pacific’s beer market is expected to grow by 7 percent
Categories in which consumers consider sustainable packaging most important – for Indonesia, beverages rank highest, followed by dairy products, and fresh fruit and vegetables.
Asia Pacific represents one of the largest global commercial printing markets, driven primarily by the growing advancements in digital printing technologies, especially in China, India and Vietnam.
By 2030 packaging will account for almost two thirds of the global print market
Mega trends impacting print demand
Paper-based packaging market is expected to see the most growth as it continues to meet consumer demands for lighter, more flexible packaging and has continued to innovate with new efficiencies, such as frustration-free packaging that is both easier for consumers to unpack and minimises turnaround time for manufacturers.
(sources: extracted and adapted from various reports including: Asia Packaging Report (Kearney) | Sustainable Packaging in Asia (McKinsey) |Asia Pacific Commercial Printing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 (imarc group), Unsplash (Bank Phrom), Unsplash (Vinicius ‘amnx’ Amano))