Chemicals Industry Today
Printing Blankets Market projected to reach US$ 855.6 million in the forecast period (2019-2024)
The report on the Printing Blankets Market has been launched by Stratview Research that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.
Published 16 September 2019
Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Printing Blankets Market is expected to inflate at impressive CAGR by the forecast period (2019-2024).
Request The Table of Contents through here:
https://www.stratviewresearch.com/toc/535/printing-blankets-market.html
Highlights of the Report:
The printing blankets market is projected to grow at a healthy rate over the next five years to reach US$ 855.6 million in 2024. Organic growth of the offset printing market, expanding the packaging industry, growing advertising industry, and increased focus towards the development of eco-friendly blankets are the major factors, catapulting the growth of printing blankets market.
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/535/printing-blankets-market.html3
Market Segments:
Based on the blanket type, the market is segmented into conventional printing blankets, UV printing blankets, combination printing blankets, and others. Conventional printing blanket is likely to remain the most dominant blanket type in the market over the next five years. High-quality print at a very competitive price is the major factor behind the dominance of conventional blankets. UV printing blanket is likely to expand at the highest rate over the same period, driven by its ability to resist the UV inks and helps in UV printing.
Based on the substrate type, the printing blankets market is segmented into paper & paperboard, metal, textile, and others. Paper & paperboard dominates the market and is expected to maintain its vanguard in the market during the forecast period as well. Paper & paperboard printing majorly includes printing of newspaper, magazines, and corrugated boxes, used for packaging. Asia-pacific is the largest market for newspaper, magazines, and corrugated boxes, owing to the huge population base coupled with meteorically increasing disposable income and expanding economies especially of China and India.
Based on the application type, the printing blankets market is segmented into packaging, commercial, newspaper, and others. Packaging application is expected to remain the most dominant segment of the market during the forecast period. The food & beverages, cosmetics & toiletries, and healthcare are the major applications of the packaging printing blankets market. Increase in the demand for sustainable packaging and flexible packaging along with cost-effectiveness and reduced packaging waste is the prime factor, driving the growth of the packaging segment. All the application types are expected to witness healthy growth during the forecast period.
In terms of region, Asia-Pacific is projected to remain the largest as well the fastest-growing market during the forecast period, driven by significant economic development in the region, increasing disposable income, surging demand for flexible and easy to carry packaging, and vastly expanded print media industry. China and India are the growth engines of the region’s market, propelled by huge consumer base, significant economic growth, and consistent supply chain. Availability of vast raw material sources, expanding the industrial sector, and readily available customer base are some of the factors, strengthening the eco-system of the Asia-Pacific’s printing blankets market.
Europe and North America are the other major markets for printing blankets, primarily driven by the packaging industry. Increasing demand for flexible and easy to carry packaging, rising concern towards the use of plastics in the packaging industry, and significant investment towards sustainable product development are the major factors, driving the growth of the North American and European printing blankets market. Increasing digitalization in these regions is acting as a major constraint towards the growth of the printing blankets market as it is severely impacting the stature of the newspaper and commercial print media industry.
Market Players:
The supply chain of this market comprises raw material suppliers, printing blankets manufacturers, distributors, and end-users. Some of the key players in the printing blankets market are Trelleborg AB, Continental AG (ContiTech), Flint Group, Fujikura Composites Inc., Kinyosha Co., Ltd., Meiji Rubber and Chemical Co., Ltd., Habasit AG, Birkan GmbH, CNI XINYUAN Ltd. (Airdot), and Shanghai Chen Jie Printing Material Co., Ltd.
Features of the Report
Here are the key features of the report:
Request The Table of Contents through here:
https://www.stratviewresearch.com/toc/535/printing-blankets-market.html
Highlights of the Report:
The printing blankets market is projected to grow at a healthy rate over the next five years to reach US$ 855.6 million in 2024. Organic growth of the offset printing market, expanding the packaging industry, growing advertising industry, and increased focus towards the development of eco-friendly blankets are the major factors, catapulting the growth of printing blankets market.
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/535/printing-blankets-market.html3
Market Segments:
Based on the blanket type, the market is segmented into conventional printing blankets, UV printing blankets, combination printing blankets, and others. Conventional printing blanket is likely to remain the most dominant blanket type in the market over the next five years. High-quality print at a very competitive price is the major factor behind the dominance of conventional blankets. UV printing blanket is likely to expand at the highest rate over the same period, driven by its ability to resist the UV inks and helps in UV printing.
Based on the substrate type, the printing blankets market is segmented into paper & paperboard, metal, textile, and others. Paper & paperboard dominates the market and is expected to maintain its vanguard in the market during the forecast period as well. Paper & paperboard printing majorly includes printing of newspaper, magazines, and corrugated boxes, used for packaging. Asia-pacific is the largest market for newspaper, magazines, and corrugated boxes, owing to the huge population base coupled with meteorically increasing disposable income and expanding economies especially of China and India.
Based on the application type, the printing blankets market is segmented into packaging, commercial, newspaper, and others. Packaging application is expected to remain the most dominant segment of the market during the forecast period. The food & beverages, cosmetics & toiletries, and healthcare are the major applications of the packaging printing blankets market. Increase in the demand for sustainable packaging and flexible packaging along with cost-effectiveness and reduced packaging waste is the prime factor, driving the growth of the packaging segment. All the application types are expected to witness healthy growth during the forecast period.
In terms of region, Asia-Pacific is projected to remain the largest as well the fastest-growing market during the forecast period, driven by significant economic development in the region, increasing disposable income, surging demand for flexible and easy to carry packaging, and vastly expanded print media industry. China and India are the growth engines of the region’s market, propelled by huge consumer base, significant economic growth, and consistent supply chain. Availability of vast raw material sources, expanding the industrial sector, and readily available customer base are some of the factors, strengthening the eco-system of the Asia-Pacific’s printing blankets market.
Europe and North America are the other major markets for printing blankets, primarily driven by the packaging industry. Increasing demand for flexible and easy to carry packaging, rising concern towards the use of plastics in the packaging industry, and significant investment towards sustainable product development are the major factors, driving the growth of the North American and European printing blankets market. Increasing digitalization in these regions is acting as a major constraint towards the growth of the printing blankets market as it is severely impacting the stature of the newspaper and commercial print media industry.
Market Players:
The supply chain of this market comprises raw material suppliers, printing blankets manufacturers, distributors, and end-users. Some of the key players in the printing blankets market are Trelleborg AB, Continental AG (ContiTech), Flint Group, Fujikura Composites Inc., Kinyosha Co., Ltd., Meiji Rubber and Chemical Co., Ltd., Habasit AG, Birkan GmbH, CNI XINYUAN Ltd. (Airdot), and Shanghai Chen Jie Printing Material Co., Ltd.
Features of the Report
Here are the key features of the report:
- Strategic Segmentation
- Competitive Analysis
- Strategic Growth Opportunities
- Swot Analysis
- Key Players
- Forecast Analysis & Future Growth
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