Vendors in the market to shift their focus towards digital printing market
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global packaging tape printing market in their latest research report. This report also lists 14 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the revenue generated from the following segments of packaging tape printing:
- Flexography: Packaging tape printing by flexography is a very efficient production method, and it delivers high-quality prints.
- Rotogravure: Rotogravure printing is a web-fed printing process that uses a cylinder to transfer images directly to substrates.
- Digital: Electrophotography and inkjet technology are some of the most popular digital printing technologies in the market currently.
- Other technologies: This segment includes offset printing, screen printing, letterpress printing, and lithography printing.
This Technavio report, under the packaging vertical, is based on the synthesis, analysis, and interpretation of information about the global packaging tape printing market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
Vendors in the global packaging tape printing market are coming up with technologically advanced products to improve the customer experience to strengthen their foothold in the highly competitive market. There is huge scope for vendors to grow by developing better printers and attracting customers. The digital printing market poses as a tough competition owing to its rapid growth rate when compared to the analog printing market for the packaging industry. As a result, vendors are likely to focus more on the digital printing market.
“The demand for packaging tape printing is on a rise, especially in developing regions such as APAC. The increase in demand for manufactured goods and the increase in the disposable income of people worldwide is the driving force behind this upcoming trend. Besides, countries like China are establishing manufacturing facilities for manufacturing products that can be used in the digital packaging and labeling process,” says Sharan Raj, a lead analyst at Technavio for research on packaging.
Top five vendors in the pakaging tape printing market space
AB Graphic International
The company is focused on manufacturing different kinds of label printing and finishing machinery. It also offers products like camera inspection systems, laser die cutting machines, booklet label machines, inspection slitter rewinders, and other specialist applications, including RFID insertion. The company distributes its products in countries worldwide.
Key products and services: Digital converting machinery, Omega inspection slitter rewinder range, Vectra turret rewinders Omega converting or sheeting range, Omega booklet range, Omega pharmaceutical range, Fleye 100% inspection system, and RFID system.
HP
HP offers PCs, imaging and printing-related products, networking products, enterprise information technology infrastructure, which includes enterprise server and storage technology, and multi-vendor customer services. In November 2015, HP completed its separation from Hewlett Packard Enterprise (former enterprise technology infrastructure, services, software, and financing businesses). In line with this, Hewlett-Packard changed its name to HP. From November 1, 2015, personal systems, printing, and some parts of corporate investments segments are part of HP reportable segments. In FY2015, HP generated a revenue of around $51 billion.
Key products and services: LaserJet and enterprise solutions, Inkjet and printing solutions, Graphics solutions, and Software and web services.
Landa
Landa is known for developing its distinctive digital technology called Nanography. Nanography bridges the gap between offset and digital printing by enabling printers to produce short-to-medium run lengths cost-effectively. It serves the commercial, packaging, and publishing markets. It has more than 800 patents worldwide.
Key products and services: Landa S10, Landa W10, Landa W50, Landa S7, Landa S5, and Landa W5.
RR Donnelley & Sons
RR Donnelley & Sons provides technologies that enhance digital and print communications and delivers integrated messages in different media channels to targeted consumers. The company operates in the Americas, Asia, Europe, and Australia. In FY2014, the company generated revenue of around $12 billion. Key products and services: Digital and offset print solutions, Variable print solutions, Print-on-demand, and Web2Print technologies.
Xeikon
Xeikon manufactures and sells web-fed digital color printing and prepress equipment for the graphics industry worldwide. It was acquired by Flint Group on November 20, 2015, and is going to operate as the new digital printing solutions unit. The company also designs and develops platemakers for newspaper offset printing applications and provides computer-to-plate solutions to the commercial printing market through the basysPrint technology. In addition, it offers a wide range of digital platemaking systems to the Flexographic market under the brand name ThermoFlexX. These digital platemaking systems assist in screening, color management, and workflow management.
Key products and services: Xeikon 3000 series digital label presses (Xeikon 3030, Xeikon 3030plus, Xeikon 3050, Xeikon 3300, and Xeikon 3500), QA-I toners and ICE toners, Xeikon 8000 series (Xeikon 8500 and Xeikon 8600), Xeikon 9800, and QA-P toners.
Other prominent vendors in this market include Anglia Labels, Cenveo Labels and Packaging Group, Dainippon Screen Group, EC Labels, Edwards Label, Flexo Image Graphics, Frontier Label, Graphix Labels, Harkwell Labels, Heidelberg Druckmaschinen, Lofton Label, Tonejet, and Yerecic Label.
A more detailed analysis is available in the Technavio report, Global Packaging Tape Printing Market Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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Browse related reports:
- Global Packaging Tapes Market 2016-2020
- Global Pressure Sensitive Labels Market 2016-2020
- Global Pressure-Sensitive Tapes Market 2015-2019
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